Notes to SEFA
Title: NOTE A. BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. The cash basis of accounting only recognizes cash and no liabilities are recognized. All transactions are recognized as either cash receipts or cash disbursements, and noncash transactions are not recognized. The modifications to the cash basis are to recognize transactions from credit cards and payroll liabilities.
De Minimis Rate Used: N
Rate Explanation: NA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Loup Basin Public Health Department (LBPHD)under programs of the federal government for the year ended June 30, 2023. The information in this schedule 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 LBPHD, it is not intended to and does not present the financial position, changes in net assets, or cash flows of LBPHD.
Title: NOTE B. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. The cash basis of accounting only recognizes cash and no liabilities are recognized. All transactions are recognized as either cash receipts or cash disbursements, and noncash transactions are not recognized. The modifications to the cash basis are to recognize transactions from credit cards and payroll liabilities.
De Minimis Rate Used: N
Rate Explanation: NA
Expenditures reported on the Schedule are reported on the modified cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. The cash basis of accounting only recognizes cash and no liabilities are recognized. All transactions are recognized as either cash receipts or cash disbursements, and noncash transactions are not recognized. The modifications to the cash basis are to recognize transactions from credit cards and payroll liabilities.
Title: NOTE C. EXPENDITURES
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. The cash basis of accounting only recognizes cash and no liabilities are recognized. All transactions are recognized as either cash receipts or cash disbursements, and noncash transactions are not recognized. The modifications to the cash basis are to recognize transactions from credit cards and payroll liabilities.
De Minimis Rate Used: N
Rate Explanation: NA
The federal expenditures listed in the Schedule generally are the expenditures recorded to that program with the accounting records except for the following:
Covid 19 Vaccine Grant: The expenditures recognized were $581,523, the expenditures reported were limited to the award amount of $468,900.
Immunization Grant: The expenditures recognized were $38,533, the expenditures reported were limited to the award amount of $38,151.
State Indoor Radon Program: The expenditures recognized were $6,522, the expenditures reported were limited to the award amount of $3,000
West Nile Virus: The expenditures recognized were $10,571, the expenditures reported were limited to the award amount of $8,265.