Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Grant Revenue and ExpensesU.S. Department of Health and Human Services (HHS) grant revenue is recognized to the extent thatexpenses are billed.The Women, Infants and Children (WIC) program expenses are recognized to the extent that cash is received.The Family Planning Grant funding is based on a fee for service; therefore, expenses are recognized to theextent of cash receivedFederal award programs are reported in the Centers financial statement as follows:AmountFederal Awards $ 11,563,026State Awards 501,644Other Awards 789,781Total Grant Revenue $ 12,854,451Other ItemsUMC did not have any grant subrecipients.There were no loans or loan guarantees or non-cash assistance during the year.UMC did not elect to use the 10% minimus indirect cost rate.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federaland passed through activity of UMC under programs of the federal government for the year endedJune 30, 2022.Expenditures reported on the schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, wherecertain types of expenditures are not allowable or are limited as to reimbursement. Therefore, someamounts presented in this schedule may differ from amounts presented in, or used in the preparationof the basic financial statements.