Title: Note 1 ‐ Basis of Presentation
Accounting Policies: Note 1- The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity
of McKenzie County under programs of the federal government for the year ended December 31, 2022. The
information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 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 McKenzie County, it is not
intended to and does not present the financial position, changes in net position or fund balance, or cash flows of
McKenzie County.
Note 2- Expenditures reported in the schedule are reported on the modified cash basis of accounting. When applicable,
such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein
certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial
assistance has been provided to a subrecipient.
De Minimis Rate Used: N
Rate Explanation: McKenzie County has not elected to use the 10% de minimis cost rate.
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity
of McKenzie County under programs of the federal government for the year ended December 31, 2022. The
information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 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 McKenzie County, it is not
intended to and does not present the financial position, changes in net position or fund balance, or cash flows of
McKenzie County.
Title: Note 2 ‐ Significant Accounting Policies
Accounting Policies: Note 1- The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity
of McKenzie County under programs of the federal government for the year ended December 31, 2022. The
information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 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 McKenzie County, it is not
intended to and does not present the financial position, changes in net position or fund balance, or cash flows of
McKenzie County.
Note 2- Expenditures reported in the schedule are reported on the modified cash basis of accounting. When applicable,
such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein
certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial
assistance has been provided to a subrecipient.
De Minimis Rate Used: N
Rate Explanation: McKenzie County has not elected to use the 10% de minimis cost rate.
Expenditures reported in the schedule are reported on the modified cash basis of accounting. When applicable,
such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein
certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial
assistance has been provided to a subrecipient.
Title: Note 3 ‐ Indirect Cost Rate
Accounting Policies: Note 1- The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity
of McKenzie County under programs of the federal government for the year ended December 31, 2022. The
information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 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 McKenzie County, it is not
intended to and does not present the financial position, changes in net position or fund balance, or cash flows of
McKenzie County.
Note 2- Expenditures reported in the schedule are reported on the modified cash basis of accounting. When applicable,
such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein
certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial
assistance has been provided to a subrecipient.
De Minimis Rate Used: N
Rate Explanation: McKenzie County has not elected to use the 10% de minimis cost rate.
McKenzie County has not elected to use the 10% de minimis cost rate.