Title: Basis of Presentation
Accounting Policies: Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: There were no indirect costs assigned to grant awards.
The accompanying schedule of expenditures of federal and State awards (SEFSA) includes the federal and State grant activity for Martin County under the programs of federal government and State of North Carolina for the year ended June 30, 2023. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and the State Single Audit Implementation Act. Because the schedule presents only a selected portion of the operations of Martin County , it is not intended to and does not present the financial position, changes in net position or cash flows of Martin County.
Title: Indirect Cost Rate
Accounting Policies: Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: There were no indirect costs assigned to grant awards.
Martin County has elected not to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance.
Title: Cluster of State Programs
Accounting Policies: Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: There were no indirect costs assigned to grant awards.
The following are clustered by the NC Department of Health and Human Services and are treated separately for fedreal audit requirement purposes: Foster Care and Adoption.
Title: Noncash Assistance
Accounting Policies: Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: There were no indirect costs assigned to grant awards.
The County did not receive any noncash assistance, federally funded insurance, free rent, etc.
Title: Benefit Payments Issued by the State
Accounting Policies: Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: There were no indirect costs assigned to grant awards.
The amounts listed below were paid directly to individual recipients by the State from federal and state moneys. County personnel are involved with certain functions, primarily eligiblity determination that cause benefit payments to be issued by the State. These amounts disclose the additional aid to County residents. Supplemental Nutrition Assistance Program #10.561 - Federal $14,862,998; Temporary Assistance for Needy Families #93.558 Federal $58,514; Adoption Assistance #93.659 Federal $246,850 and State $43,711; Foster Care - Title IV-E #93.658 Federal $70,105 and State $12,905; Medical Assistance Program #93.778 Federal $47,115,676 and State $18,804,497; Children's Health Insurance Program #93.767 Federal $148,862 and State $33,350; Child Welfare State $32,217; State Foster Home State $31,464; SFHF Maximization State $7,932; and SC/SA Domiciliary Care State $177,362.