Title: Note 2
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The Intermediate Unit has elected not to use the de minimis indirect cost rate provided by the Uniform Guidance.
An estensive compliance test, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) was performed on the Adult Education-Basic Grants to States; Head Start; Special Education-Grants for Infants and Families; 477 Cluster; and Maternal and Child Health Federal Consolidated Program, which represents 32% of the total expenditures reflected on the Scheudle of Expenditures of Federal Awards. Adult Education-Basic Grants to States; Special Education-Grants for Infants and Families; Head Start; 477 Cluster; and Maternal and Child Health Federal Consolidated programs exceeds $4,154,907, and, therefore, represent the only programs to which the specific compliance requirements must be applied.
Title: Medical Assistance Reimbursements
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The Intermediate Unit has elected not to use the de minimis indirect cost rate provided by the Uniform Guidance.
The Intermediate Unit had $112,650 deferred revenue for the ACCESS program as of June 30, 2022. During the current year, the Intermediate Unit received $36,654 for the ACCESS program. The ACCESS program is the medical assistance (MA) program that reimburses school entities for direct, eligible health-related services provided to MA enrolled, special needs children. These reimbursements are classified as federal money in the Intermediate Unit's account code structure; however, these funds are not restricted in use like other federal monies. ACCESS reimbursements are classified as fee-for-service revenues, and are not considered federal financial assistance; which results in ACCESS funds not being reported on the Intermediate UNit's Schedule of Expenditures of Federal Awards. Expenditures totaling $51,695 were recognized in the current year. As a result, as of June 30, 2023, the Intermediate Unit had $97,609 of deferred revenue for the ACCESS program.
Title: Emergency Assistance to Nonpublic School (EANS) Program
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The Intermediate Unit has elected not to use the de minimis indirect cost rate provided by the Uniform Guidance.
The Intermediate Unit was instructed not to include EANS funding on the Schedule of Expenditures of Federal Awards. These reimbursements are classified as federal money in the Intermediate Unit's account code structure. As of June 30, 2022, a receivable of $168,953 was recognized on the Schedule of Expenditures of Federal Awards, which was removed on the current year's Schedule fo Expenditures of Federal Awards. Expenditures totaling $514,097 were recognized in the current year and received $408,810. As a result, as of June 30, 2023, the Intermediate Unit had a receivable of $274,240 for the EANS funds.
Title: Changes in Beginning Balances
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The Intermediate Unit has elected not to use the de minimis indirect cost rate provided by the Uniform Guidance.
Federal Assistance Listing Number (ALN) 93.600's beginning accrued revenue was reduced by $171,228; ALN 10.558's beginning accrued revenue was reduced by $586; and ALN 84.367's beginning accrued revenue was increased by $14,750 from the prior year's Schedule of omExpenditures of Federal Awards.