Notes to SEFA
Title: OTHER FEDERAL AWARDS
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Valley Cities Counseling and Consultation has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The Organization received funding in the amount of $2,695,345 from Behavioral HealthWorkforce Stabilization Funding (Assistance Listing Number 21.027) during the year ended December 31, 2022. As the Organization was the beneficiary and not a subrecipient, the funds are excluded from presentation in the Schedule of Expenditures of Federal Awards.