Title: NOTE 1 – REPORTING ENTITY
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial
assistance programs of the County of Inyo, but not its discretely presented component unit, First 5 Inyo County.
The County of Inyo reporting entity is defined in Note 1 to the County’s basic financial statements. All federal
awards received directly from federal agencies as well as federal awards passed through other government
agencies are included in the Schedule of Expenditures of Federal Awards. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Because the schedule presents only a selected portion of the operations of the County, it is not
intended to and does not present the financial position, changes in net position or cash flows of the County.
NOTE 2 – BASIS OF ACCOUNTING
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the financial statements, regardless of the measurement focus applied. The accompanying Schedule
of Expenditures of Federal Awards is presented using the modified accrual basis of accounting for grants
accounted for in the governmental fund types and the accrual basis of accounting for grants accounted for in the
proprietary fund types, as described in the notes to the County financial statements. Such expenditures are
recognized following the cost principles contained in the Uniform Guidance wherein certain types of
expenditures are not allowed or are limited as to reimbursement. In addition, the outstanding balance of prior
year’s loans that have significant continuing compliance requirements have been included in total federal
expenditures.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial
assistance programs of the County of Inyo, but not its discretely presented component unit, First 5 Inyo County.
The County of Inyo reporting entity is defined in Note 1 to the County’s basic financial statements. All federal
awards received directly from federal agencies as well as federal awards passed through other government
agencies are included in the Schedule of Expenditures of Federal Awards. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Because the schedule presents only a selected portion of the operations of the County, it is not
intended to and does not present the financial position, changes in net position or cash flows of the County.
Title: NOTE 2 – BASIS OF ACCOUNTING
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial
assistance programs of the County of Inyo, but not its discretely presented component unit, First 5 Inyo County.
The County of Inyo reporting entity is defined in Note 1 to the County’s basic financial statements. All federal
awards received directly from federal agencies as well as federal awards passed through other government
agencies are included in the Schedule of Expenditures of Federal Awards. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Because the schedule presents only a selected portion of the operations of the County, it is not
intended to and does not present the financial position, changes in net position or cash flows of the County.
NOTE 2 – BASIS OF ACCOUNTING
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the financial statements, regardless of the measurement focus applied. The accompanying Schedule
of Expenditures of Federal Awards is presented using the modified accrual basis of accounting for grants
accounted for in the governmental fund types and the accrual basis of accounting for grants accounted for in the
proprietary fund types, as described in the notes to the County financial statements. Such expenditures are
recognized following the cost principles contained in the Uniform Guidance wherein certain types of
expenditures are not allowed or are limited as to reimbursement. In addition, the outstanding balance of prior
year’s loans that have significant continuing compliance requirements have been included in total federal
expenditures.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the financial statements, regardless of the measurement focus applied. The accompanying Schedule
of Expenditures of Federal Awards is presented using the modified accrual basis of accounting for grants
accounted for in the governmental fund types and the accrual basis of accounting for grants accounted for in the
proprietary fund types, as described in the notes to the County financial statements. Such expenditures are
recognized following the cost principles contained in the Uniform Guidance wherein certain types of
expenditures are not allowed or are limited as to reimbursement. In addition, the outstanding balance of prior
year’s loans that have significant continuing compliance requirements have been included in total federal
expenditures.
Title: NOTE 3 – CATALOG OF FEDERAL DOMESTIC ASSISTANCE (ALN) NUMBERS
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial
assistance programs of the County of Inyo, but not its discretely presented component unit, First 5 Inyo County.
The County of Inyo reporting entity is defined in Note 1 to the County’s basic financial statements. All federal
awards received directly from federal agencies as well as federal awards passed through other government
agencies are included in the Schedule of Expenditures of Federal Awards. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Because the schedule presents only a selected portion of the operations of the County, it is not
intended to and does not present the financial position, changes in net position or cash flows of the County.
NOTE 2 – BASIS OF ACCOUNTING
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the financial statements, regardless of the measurement focus applied. The accompanying Schedule
of Expenditures of Federal Awards is presented using the modified accrual basis of accounting for grants
accounted for in the governmental fund types and the accrual basis of accounting for grants accounted for in the
proprietary fund types, as described in the notes to the County financial statements. Such expenditures are
recognized following the cost principles contained in the Uniform Guidance wherein certain types of
expenditures are not allowed or are limited as to reimbursement. In addition, the outstanding balance of prior
year’s loans that have significant continuing compliance requirements have been included in total federal
expenditures.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
The program titles and ALN numbers were obtained from the federal or pass-through grantor. When no ALN
number had been assigned to a program, the two-digit federal agency identifier and the federal contract number
were used. When there was no federal contract number, the two-digit federal agency identifier and the word
“unknown” were used.
Title: NOTE 4 – INDIRECT COST RATE
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial
assistance programs of the County of Inyo, but not its discretely presented component unit, First 5 Inyo County.
The County of Inyo reporting entity is defined in Note 1 to the County’s basic financial statements. All federal
awards received directly from federal agencies as well as federal awards passed through other government
agencies are included in the Schedule of Expenditures of Federal Awards. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Because the schedule presents only a selected portion of the operations of the County, it is not
intended to and does not present the financial position, changes in net position or cash flows of the County.
NOTE 2 – BASIS OF ACCOUNTING
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the financial statements, regardless of the measurement focus applied. The accompanying Schedule
of Expenditures of Federal Awards is presented using the modified accrual basis of accounting for grants
accounted for in the governmental fund types and the accrual basis of accounting for grants accounted for in the
proprietary fund types, as described in the notes to the County financial statements. Such expenditures are
recognized following the cost principles contained in the Uniform Guidance wherein certain types of
expenditures are not allowed or are limited as to reimbursement. In addition, the outstanding balance of prior
year’s loans that have significant continuing compliance requirements have been included in total federal
expenditures.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
Title: NOTE 5 – RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial
assistance programs of the County of Inyo, but not its discretely presented component unit, First 5 Inyo County.
The County of Inyo reporting entity is defined in Note 1 to the County’s basic financial statements. All federal
awards received directly from federal agencies as well as federal awards passed through other government
agencies are included in the Schedule of Expenditures of Federal Awards. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Because the schedule presents only a selected portion of the operations of the County, it is not
intended to and does not present the financial position, changes in net position or cash flows of the County.
NOTE 2 – BASIS OF ACCOUNTING
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the financial statements, regardless of the measurement focus applied. The accompanying Schedule
of Expenditures of Federal Awards is presented using the modified accrual basis of accounting for grants
accounted for in the governmental fund types and the accrual basis of accounting for grants accounted for in the
proprietary fund types, as described in the notes to the County financial statements. Such expenditures are
recognized following the cost principles contained in the Uniform Guidance wherein certain types of
expenditures are not allowed or are limited as to reimbursement. In addition, the outstanding balance of prior
year’s loans that have significant continuing compliance requirements have been included in total federal
expenditures.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
The amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree or can be
reconciled with amounts reported in the related federal financial assistance reports
Title: NOTE 6 – RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial
assistance programs of the County of Inyo, but not its discretely presented component unit, First 5 Inyo County.
The County of Inyo reporting entity is defined in Note 1 to the County’s basic financial statements. All federal
awards received directly from federal agencies as well as federal awards passed through other government
agencies are included in the Schedule of Expenditures of Federal Awards. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Because the schedule presents only a selected portion of the operations of the County, it is not
intended to and does not present the financial position, changes in net position or cash flows of the County.
NOTE 2 – BASIS OF ACCOUNTING
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the financial statements, regardless of the measurement focus applied. The accompanying Schedule
of Expenditures of Federal Awards is presented using the modified accrual basis of accounting for grants
accounted for in the governmental fund types and the accrual basis of accounting for grants accounted for in the
proprietary fund types, as described in the notes to the County financial statements. Such expenditures are
recognized following the cost principles contained in the Uniform Guidance wherein certain types of
expenditures are not allowed or are limited as to reimbursement. In addition, the outstanding balance of prior
year’s loans that have significant continuing compliance requirements have been included in total federal
expenditures.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
The amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree or can be
reconciled with amounts reported in the County’s basic financial statements
Title: NOTE 7 – PASS-THROUGH ENTITIES’ IDENTIFYING NUMBER
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial
assistance programs of the County of Inyo, but not its discretely presented component unit, First 5 Inyo County.
The County of Inyo reporting entity is defined in Note 1 to the County’s basic financial statements. All federal
awards received directly from federal agencies as well as federal awards passed through other government
agencies are included in the Schedule of Expenditures of Federal Awards. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Because the schedule presents only a selected portion of the operations of the County, it is not
intended to and does not present the financial position, changes in net position or cash flows of the County.
NOTE 2 – BASIS OF ACCOUNTING
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the financial statements, regardless of the measurement focus applied. The accompanying Schedule
of Expenditures of Federal Awards is presented using the modified accrual basis of accounting for grants
accounted for in the governmental fund types and the accrual basis of accounting for grants accounted for in the
proprietary fund types, as described in the notes to the County financial statements. Such expenditures are
recognized following the cost principles contained in the Uniform Guidance wherein certain types of
expenditures are not allowed or are limited as to reimbursement. In addition, the outstanding balance of prior
year’s loans that have significant continuing compliance requirements have been included in total federal
expenditures.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
When federal awards were received from a pass-through entity, the Schedule of Expenditures of Federal
Awards shows, if available, the identifying number assigned by the pass-through entity. When no identifying
number is shown, the County determined that no identifying number is assigned for the program, or the County
was unable to obtain an identifying number from the pass-through entity.
Title: NOTE 8 – LOANS WITH CONTINUING COMPLIANCE REQUIREMENTS
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial
assistance programs of the County of Inyo, but not its discretely presented component unit, First 5 Inyo County.
The County of Inyo reporting entity is defined in Note 1 to the County’s basic financial statements. All federal
awards received directly from federal agencies as well as federal awards passed through other government
agencies are included in the Schedule of Expenditures of Federal Awards. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Because the schedule presents only a selected portion of the operations of the County, it is not
intended to and does not present the financial position, changes in net position or cash flows of the County.
NOTE 2 – BASIS OF ACCOUNTING
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the financial statements, regardless of the measurement focus applied. The accompanying Schedule
of Expenditures of Federal Awards is presented using the modified accrual basis of accounting for grants
accounted for in the governmental fund types and the accrual basis of accounting for grants accounted for in the
proprietary fund types, as described in the notes to the County financial statements. Such expenditures are
recognized following the cost principles contained in the Uniform Guidance wherein certain types of
expenditures are not allowed or are limited as to reimbursement. In addition, the outstanding balance of prior
year’s loans that have significant continuing compliance requirements have been included in total federal
expenditures.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
The County participates in certain federal award programs that sponsor revolving loan programs which are
administered by the County. These programs require servicing arrangements with the County. The funds are
returned to the programs upon repayment of the principal and interest. In accordance with Section 200.510 of
the Uniform Guidance, the County has reported the outstanding balance of loans from previous years that have
significant continuing compliance requirements as of June 30, 2022, along with the value of total outstanding
and new loans made during the current year.
The programs listed below had the following aggregate, federally funded loans outstanding at June 30, 2022:
Title: NOTE 9 – CALIFORNIA DEPARTMENT OF AGING SUMMARY
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial
assistance programs of the County of Inyo, but not its discretely presented component unit, First 5 Inyo County.
The County of Inyo reporting entity is defined in Note 1 to the County’s basic financial statements. All federal
awards received directly from federal agencies as well as federal awards passed through other government
agencies are included in the Schedule of Expenditures of Federal Awards. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Because the schedule presents only a selected portion of the operations of the County, it is not
intended to and does not present the financial position, changes in net position or cash flows of the County.
NOTE 2 – BASIS OF ACCOUNTING
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the financial statements, regardless of the measurement focus applied. The accompanying Schedule
of Expenditures of Federal Awards is presented using the modified accrual basis of accounting for grants
accounted for in the governmental fund types and the accrual basis of accounting for grants accounted for in the
proprietary fund types, as described in the notes to the County financial statements. Such expenditures are
recognized following the cost principles contained in the Uniform Guidance wherein certain types of
expenditures are not allowed or are limited as to reimbursement. In addition, the outstanding balance of prior
year’s loans that have significant continuing compliance requirements have been included in total federal
expenditures.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
The table below summarizes the Federal pass-through expenditures incurred by Title as required by the
California Department of Aging