Notes to SEFA
Title: Non-Monetary Federal Programs
Accounting Policies: Where the County of Madison, New York (the County) receives funds from a government entity other than the federal government (pass-through), the funds are accumulated based upon the Assistance Listing number when advised by the pass through grantor. Identifying numbers, other than Assistance Listing numbers, which may be assigned by pass-through grantors, are not maintained in the Countys financial management system. County management has identified certain pass-through identifying numbers and included them in the schedule of expenditures of federal awards (SEFA). The SEFA is presented in accordance with accounting principles generally accepted in the United States of America and is derived from the Countys general ledger. Federal expenditures are recorded when an allowable cost is incurred under the applicable program and is due and payable. For programs with funding ceilings and caps, federal expenditures are only recorded and presented in the SEFA up to such amounts.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The County is awarded financial assistance programs that do not result in cash receipts or disbursements, termed non-monetary programs. During the fiscal year ended December 31, 2022, the County distributed $90,594,263 of medical services and goods that were received by participants in the Medical Assistance Program (AL# 93.778), and $4,418,171 of energy assistance to eligible persons under the Low-Income Home Energy Assistance Program (AL#93.568), as listed in the accompanying schedule.
Title: Matching Costs
Accounting Policies: Where the County of Madison, New York (the County) receives funds from a government entity other than the federal government (pass-through), the funds are accumulated based upon the Assistance Listing number when advised by the pass through grantor. Identifying numbers, other than Assistance Listing numbers, which may be assigned by pass-through grantors, are not maintained in the Countys financial management system. County management has identified certain pass-through identifying numbers and included them in the schedule of expenditures of federal awards (SEFA). The SEFA is presented in accordance with accounting principles generally accepted in the United States of America and is derived from the Countys general ledger. Federal expenditures are recorded when an allowable cost is incurred under the applicable program and is due and payable. For programs with funding ceilings and caps, federal expenditures are only recorded and presented in the SEFA up to such amounts.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Matching costs (i.e., the Countys share of certain program costs) are not included in the schedule of expenditures of federal awards.