Notes to SEFA
Accounting Policies: Note 1 Method of AccountingThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of SkagitCounty Public Hospital District No. 304 d/b/a United General District 304 (the District) under programs of the federalgovernment for the year ended December 31, 2022. The information in this schedule is presented in accordance withrequirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principlesand Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion ofthe operations of the District it is not intended to and does not present the financial position, changes in net position orcash flows of the District.Note 2 Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognizedfollowing the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowable orare limited as to reimbursement. The District has elected to use the 10percent de minimis indirect cost rate allowed underthe Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.