Title: (1) GENERAL INFORMATION
Accounting Policies: (1) GENERAL INFORMATION
The accompanying schedule of expenditures of federal and Commonwealth of Pennsylvania Departments of
Community and Economic Development, Human Services and Transportation awards, presents the activities in
all the federal, state and county awards programs of the Corporation. All government financial assistance
received directly from federal, state or county agencies, as well as financial assistance passed through other
governmental agencies or not-for-profit organizations, is included on the schedule.
(2) BASIS OF ACCOUNTING
The schedule of expenditures of federal and Commonwealth of Pennsylvania Departments of Community and
Economic Development, Human Services and Transportation Awards is presented using the accrual basis of
accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports
submitted to funding sources on either a cash or modified accrual basis of accounting.
(3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Federal, state and county awards expenditures are reported on the statements of activities and functional
expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the
expenditures reported in the schedule of expenditures of federal and Commonwealth of Pennsylvania
Departments of Community and Economic Development, Human Services and Transportation awards because
program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of
expenditures of federal, state and county awards.
(4) INDIRECT COSTS
The Corporation has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform
Guidance.
De Minimis Rate Used: N
Rate Explanation: The Corporation has not elected to use the 10-percent de minimus indirect cost rate allowed under the uniform guidance.
The accompanying schedule of expenditures of federal and Commonwealth of Pennsylvania Departments of
Community and Economic Development, Human Services and Transportation awards, presents the activities in
all the federal, state and county awards programs of the Corporation. All government financial assistance
received directly from federal, state or county agencies, as well as financial assistance passed through other
governmental agencies or not-for-profit organizations, is included on the schedule.
Title: (2) BASIS OF ACCOUNTING
Accounting Policies: (1) GENERAL INFORMATION
The accompanying schedule of expenditures of federal and Commonwealth of Pennsylvania Departments of
Community and Economic Development, Human Services and Transportation awards, presents the activities in
all the federal, state and county awards programs of the Corporation. All government financial assistance
received directly from federal, state or county agencies, as well as financial assistance passed through other
governmental agencies or not-for-profit organizations, is included on the schedule.
(2) BASIS OF ACCOUNTING
The schedule of expenditures of federal and Commonwealth of Pennsylvania Departments of Community and
Economic Development, Human Services and Transportation Awards is presented using the accrual basis of
accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports
submitted to funding sources on either a cash or modified accrual basis of accounting.
(3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Federal, state and county awards expenditures are reported on the statements of activities and functional
expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the
expenditures reported in the schedule of expenditures of federal and Commonwealth of Pennsylvania
Departments of Community and Economic Development, Human Services and Transportation awards because
program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of
expenditures of federal, state and county awards.
(4) INDIRECT COSTS
The Corporation has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform
Guidance.
De Minimis Rate Used: N
Rate Explanation: The Corporation has not elected to use the 10-percent de minimus indirect cost rate allowed under the uniform guidance.
The schedule of expenditures of federal and Commonwealth of Pennsylvania Departments of Community and
Economic Development, Human Services and Transportation Awards is presented using the accrual basis of
accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports
submitted to funding sources on either a cash or modified accrual basis of accounting.
Title: (3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Accounting Policies: (1) GENERAL INFORMATION
The accompanying schedule of expenditures of federal and Commonwealth of Pennsylvania Departments of
Community and Economic Development, Human Services and Transportation awards, presents the activities in
all the federal, state and county awards programs of the Corporation. All government financial assistance
received directly from federal, state or county agencies, as well as financial assistance passed through other
governmental agencies or not-for-profit organizations, is included on the schedule.
(2) BASIS OF ACCOUNTING
The schedule of expenditures of federal and Commonwealth of Pennsylvania Departments of Community and
Economic Development, Human Services and Transportation Awards is presented using the accrual basis of
accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports
submitted to funding sources on either a cash or modified accrual basis of accounting.
(3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Federal, state and county awards expenditures are reported on the statements of activities and functional
expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the
expenditures reported in the schedule of expenditures of federal and Commonwealth of Pennsylvania
Departments of Community and Economic Development, Human Services and Transportation awards because
program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of
expenditures of federal, state and county awards.
(4) INDIRECT COSTS
The Corporation has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform
Guidance.
De Minimis Rate Used: N
Rate Explanation: The Corporation has not elected to use the 10-percent de minimus indirect cost rate allowed under the uniform guidance.
Federal, state and county awards expenditures are reported on the statements of activities and functional
expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the
expenditures reported in the schedule of expenditures of federal and Commonwealth of Pennsylvania
Departments of Community and Economic Development, Human Services and Transportation awards because
program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of
expenditures of federal, state and county awards.
Title: (4) INDIRECT COSTS
Accounting Policies: (1) GENERAL INFORMATION
The accompanying schedule of expenditures of federal and Commonwealth of Pennsylvania Departments of
Community and Economic Development, Human Services and Transportation awards, presents the activities in
all the federal, state and county awards programs of the Corporation. All government financial assistance
received directly from federal, state or county agencies, as well as financial assistance passed through other
governmental agencies or not-for-profit organizations, is included on the schedule.
(2) BASIS OF ACCOUNTING
The schedule of expenditures of federal and Commonwealth of Pennsylvania Departments of Community and
Economic Development, Human Services and Transportation Awards is presented using the accrual basis of
accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports
submitted to funding sources on either a cash or modified accrual basis of accounting.
(3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Federal, state and county awards expenditures are reported on the statements of activities and functional
expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the
expenditures reported in the schedule of expenditures of federal and Commonwealth of Pennsylvania
Departments of Community and Economic Development, Human Services and Transportation awards because
program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of
expenditures of federal, state and county awards.
(4) INDIRECT COSTS
The Corporation has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform
Guidance.
De Minimis Rate Used: N
Rate Explanation: The Corporation has not elected to use the 10-percent de minimus indirect cost rate allowed under the uniform guidance.
The Corporation has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform
Guidance.