Notes to SEFA
Title: Subrecipients
Accounting Policies: General: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of Scott County, Illinois. The County's reporting entity is defined in Note 1 to the County's financial statements. Federal awards passed through other government agencies are included on the schedule. Basis of Accounting: The accompanying Schedule of Expenditures of Federal Awards is presented using the modified cash basis of accounting. Relationship to Basic Financial Statements: Federal awards received are reflected in the County's financial statements as revenue from federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Of the federal expenditures presented in the schedule, Scott County, Illinois provided no federal awards to subrecipients.
Title: Reconciliation of Expenditures of Federal Awards to Financials
Accounting Policies: General: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of Scott County, Illinois. The County's reporting entity is defined in Note 1 to the County's financial statements. Federal awards passed through other government agencies are included on the schedule. Basis of Accounting: The accompanying Schedule of Expenditures of Federal Awards is presented using the modified cash basis of accounting. Relationship to Basic Financial Statements: Federal awards received are reflected in the County's financial statements as revenue from federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Total Federal awards per Schedule of Expenditures of Federal Awards $814,141 Total Federal Revenues per Financial Statements $814,141
Title: Federal Insurance
Accounting Policies: General: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of Scott County, Illinois. The County's reporting entity is defined in Note 1 to the County's financial statements. Federal awards passed through other government agencies are included on the schedule. Basis of Accounting: The accompanying Schedule of Expenditures of Federal Awards is presented using the modified cash basis of accounting. Relationship to Basic Financial Statements: Federal awards received are reflected in the County's financial statements as revenue from federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Scott County did not have any federal insurance in effect during the year.
Title: Federal Loans or Loan Guarantees
Accounting Policies: General: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of Scott County, Illinois. The County's reporting entity is defined in Note 1 to the County's financial statements. Federal awards passed through other government agencies are included on the schedule. Basis of Accounting: The accompanying Schedule of Expenditures of Federal Awards is presented using the modified cash basis of accounting. Relationship to Basic Financial Statements: Federal awards received are reflected in the County's financial statements as revenue from federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Scott County had no Federal loan guarantees outstanding as of November 30, 2022.