Notes to SEFA
Title: NOTE 3 – Basis of Presentation
Accounting Policies: Expenditures reported on the accompanying Schedule of Expenditures of Federal Awards (“Schedule”) are reported on the accrual basis of accounting and accordingly, all significant receivables, payables, and other liabilities are included. Where applicable, 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 (“Uniform Guidance”), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the SEFA, if any, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: Y
Rate Explanation: Angelina County and Cities Health District (the “District”) has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
General. The Schedule includes the federal grant activity of the District under programs of the federal government for the year ended August 31, 2023. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the District. Expenditures included in the Schedule are reported exclusive of non-federal matching funds. Relationship to Federal Financial Reports. For some awards, amounts included in federal financial reports filed by the District with grantor agencies may differ due to accruals that are included in subsequent reports filed with the agencies and varying program year ends.
Title: NOTE 4 – Other
Accounting Policies: Expenditures reported on the accompanying Schedule of Expenditures of Federal Awards (“Schedule”) are reported on the accrual basis of accounting and accordingly, all significant receivables, payables, and other liabilities are included. Where applicable, 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 (“Uniform Guidance”), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the SEFA, if any, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: Y
Rate Explanation: Angelina County and Cities Health District (the “District”) has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Pass-through entity identifying numbers are presented where available.