Title: Note 3. Donated Personal Protective Equipment (PPE) (Unaudited)
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes thefederal award activity of the Town of Bedford, New Hampshire (the Town) under programs ofthe federal government for the year ended December 31, 2022. The information in theSchedule is presented in accordance with the requirements of Title 2 U.S. Code of FederalRegulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Because the Schedule presents only aselected portion of the operations of the Town, it is not intended to and does not present thefinancial position, changes in net position, or cash flows of the Town.? Expenditures reported on the Schedule are reported on the modified accrual basis ofaccounting. Such expenditures are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited toreimbursement.? Expenditures awarded from the Federal Emergency Management Agency (FEMA), must bepresented on the Schedule when; 1) FEMA has approved the Towns project worksheet (PW)and 2) the Town has incurred the eligible expenditures. The $227,067 reported for DisasterGrants Public Assistance (Presidentially Declared Disasters), AL 97.036, representsexpenditures incurred in prior years that were approved by FEMA during fiscal year 2022.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
During fiscal year 2022, the Town did not receive donated PPE from federal
Title: Note 4. Provider Relief Funds
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes thefederal award activity of the Town of Bedford, New Hampshire (the Town) under programs ofthe federal government for the year ended December 31, 2022. The information in theSchedule is presented in accordance with the requirements of Title 2 U.S. Code of FederalRegulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Because the Schedule presents only aselected portion of the operations of the Town, it is not intended to and does not present thefinancial position, changes in net position, or cash flows of the Town.? Expenditures reported on the Schedule are reported on the modified accrual basis ofaccounting. Such expenditures are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited toreimbursement.? Expenditures awarded from the Federal Emergency Management Agency (FEMA), must bepresented on the Schedule when; 1) FEMA has approved the Towns project worksheet (PW)and 2) the Town has incurred the eligible expenditures. The $227,067 reported for DisasterGrants Public Assistance (Presidentially Declared Disasters), AL 97.036, representsexpenditures incurred in prior years that were approved by FEMA during fiscal year 2022.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Expenditures of Provider Relief Funds (AL #93.498) awarded from the U.S. Department of Health and Human Services (HHS) are presented on the Schedule in accordance with the reporting period established by the HHS reporting portal requirements.
Title: Note 5. Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes thefederal award activity of the Town of Bedford, New Hampshire (the Town) under programs ofthe federal government for the year ended December 31, 2022. The information in theSchedule is presented in accordance with the requirements of Title 2 U.S. Code of FederalRegulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Because the Schedule presents only aselected portion of the operations of the Town, it is not intended to and does not present thefinancial position, changes in net position, or cash flows of the Town.? Expenditures reported on the Schedule are reported on the modified accrual basis ofaccounting. Such expenditures are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited toreimbursement.? Expenditures awarded from the Federal Emergency Management Agency (FEMA), must bepresented on the Schedule when; 1) FEMA has approved the Towns project worksheet (PW)and 2) the Town has incurred the eligible expenditures. The $227,067 reported for DisasterGrants Public Assistance (Presidentially Declared Disasters), AL 97.036, representsexpenditures incurred in prior years that were approved by FEMA during fiscal year 2022.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Of the federal expenditures presented in the Schedule, the Town did not provide federal awards to subrecipients.