Audit 304114

FY End
2023-06-30
Total Expended
$1.20M
Findings
0
Programs
8
Year: 2023 Accepted: 2024-04-22

Organization Exclusion Status:

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Contacts

Name Title Type
SEMAK4P9ML17 Stephanie Landry Auditee
2256649343 Paul M. Riggs, Jr. Auditor
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Notes to SEFA

Title: Note C - Sub-Recipients Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal grant activity of the Livingston Council on Aging and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. De Minimis Rate Used: N Rate Explanation: The Council did not elect to use the 10% de minimis indirect cost rate during the year ended June 30, 2023. The Council did not pass-through any of its federal awards to a sub-recipients during the year ended June 30, 2023.
Title: Note D - Non-Cash Assistance Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal grant activity of the Livingston Council on Aging and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. De Minimis Rate Used: N Rate Explanation: The Council did not elect to use the 10% de minimis indirect cost rate during the year ended June 30, 2023. No federal non-cash assistance was received or expended during the year ended June 30, 2023.
Title: Note E - Relationship to Financial Statements Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal grant activity of the Livingston Council on Aging and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. De Minimis Rate Used: N Rate Explanation: The Council did not elect to use the 10% de minimis indirect cost rate during the year ended June 30, 2023. The schedule of expenditures of federal awards was prepared from the same accounting records as were used to prepare the financial statements. Differences between amounts reported in the SEFA and the financial statements may exist due to different accounting basis used for financial reporting. These revenues are included within the intergovernmental revenues reported in the Statement of Revenues E xpenditures, and Changes in Fund Balances (Statement E) as follows: Fund Statement E - Revenues - Intergovernmental: General Fund $ 3 27,244 $ - $ 1 82,259 $ 509,503 Title III B 161,628 438,580 - 600,208 Title III C-1 233,880 - - 233,880 Title III C-2 237,315 - - 237,315 Non-Major 59,459 - - 59,459 Total Statement E - Revenues - Intergovernmental 1,019,526 438,580 182,259 1,640,365 Less: State Grants (438,368) - - (438,368) Total Expenditures of Federal Awards $ 581,158 $ 438,580 $ 1 82,259 $ 1,201,997 Governor's Office of Elderly Affairs Livingston Parish Council (Section 5311) Total Flood Recovery Grants