Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts (if any) shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Pass-through entity identifying numbers are presented where available. The County has elected to not use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of Van Buren County, Michigan, under programs of the federal government for the year ended September 30, 2023. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements, which are reconciled in Note 4.
Federal awards of the Van Buren County Road Commission are excluded from the accompanying Schedule of Expenditures of Federal Awards. This component unit’s audit report is issued under separate cover. To view copies of those reports, contact the administrative offices of the component unit or the Van Buren County Clerk’s office.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts (if any) shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Pass-through entity identifying numbers are presented where available. The County has elected to not use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts (if any) shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available. The County has elected to not use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: SUMMARY OF SIGNIFICANT EXPLANATIONS OF SCHEDULE
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts (if any) shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Pass-through entity identifying numbers are presented where available. The County has elected to not use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The following descriptions identified below as (a) - (c) represent explanations that cross reference to amounts on the Schedule of Expenditures of Federal Awards:
(a) Reimbursement of these contracts is passed through the State Department of Human Services (DHS). The amounts reported on the Schedule of Expenditures of Federal Awards represent the Federal portion of the respective amounts based on 66% of Title IV-D eligible expenditures for the applicable grants. The entire amount paid by DHS for the reimbursed expenditures is considered Federal.
(b) The reimbursements for the IV-D Incentive Payments Program are based on support payments collected. Expenditures have been reported to the extent of earned revenues and are 100% Federal.
(c) Denotes programs tested as “major programs”.
Title: RECONCILIATION TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts (if any) shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Pass-through entity identifying numbers are presented where available. The County has elected to not use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The following reconciles the intergovernmental revenues reported in the September 30, 2023, basic financial
statements to the expenditures of the County administered federal programs reported on the Schedule of
Expenditures of Federal Awards:
Federal/ Less Federal
State/Local State/Local Award
Revenue Revenue Expenditures
PRIMARY GOVERNMENT
General fund
Cooperative Reimbursement Program $ 1,316,393 $ - $ 1,316,393
IV-D Incentive 119,761 - 119,761
Foster care program 98,374 - 98,374
Specialty Courts 1 ,410,143 713,723 696,420
Emergency Management 68,228 - 68,228
CDBG 570,000 - 570,000
Other Programs 4 ,402,988 4 ,402,988 -
Total general fund 7 ,985,887 5 ,116,711 2 ,869,176
Special revenue funds
ARPA Grant 339,670 - 339,670
Other Funds 1 ,402,109 1 ,402,109 -
Total special revenue funds 1 ,741,779 1 ,402,109 339,670
Enterprise funds
Public Transit 1 ,699,133 913,764 785,369
TOTAL REPORTING ENTITY $ 1 1,426,799 $ 7,432,584 $ 3,994,215