Notes to SEFA
Title: NOTE 3 - NONCASH AWARDS - VACCINATIONS
Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING. This Schedule is prepared on the same basis of accounting as the County's financial statements. The County uses the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Note 2 - FEDERAL DE MINIMIS INDIRECT COST RATE. The County has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The amount expended may include an indirect cost recovery amount using an approved indirect cost rate of 23.45% (as approved by the Lincoln County Board of County Commissioners on February 8, 2022). For 2022, Public Health uses an indirect cost rate of 25.28%.
The amount of vaccine reported on the schedule is the value of vaccine and syringes distributed by the County during the current year and priced as prescribed by the Department of Health. Lincoln County is no longer vaccinating clients except for Covid-19 vaccinations.
Title: NOTE 4 - PROGRAM COSTS
Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING. This Schedule is prepared on the same basis of accounting as the County's financial statements. The County uses the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Note 2 - FEDERAL DE MINIMIS INDIRECT COST RATE. The County has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The amount expended may include an indirect cost recovery amount using an approved indirect cost rate of 23.45% (as approved by the Lincoln County Board of County Commissioners on February 8, 2022). For 2022, Public Health uses an indirect cost rate of 25.28%.
The amounts shown as current year expenditures represent only federal grant portion of the program costs. Entire program costs, including the Countys portion, are more than shown. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.