Title: Basis of Presentation
Accounting Policies: federal awards 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 (Uniform Guidance), using the modified accrual basis of accounting. Therefore, some amounts presented in this schedule may differ from amounts presented in the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: N/A
The accompanying schedule of expenditures of federal awards 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 (Uniform Guidance), using the modified accrual basis of accounting. Therefore, some amounts presented in this schedule may differ from amounts presented in the basic financial statements.
Title: Value of Non-cash Awards
Accounting Policies: federal awards 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 (Uniform Guidance), using the modified accrual basis of accounting. Therefore, some amounts presented in this schedule may differ from amounts presented in the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: N/A
Supplemental Nutrition Assistance Program (SNAP) electronic benefit transfers of $1,262,814 are reported in the Human Services Fund and not reported in the Schedule of Expenditures of Federal Awards.
Title: Cost Rate
Accounting Policies: federal awards 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 (Uniform Guidance), using the modified accrual basis of accounting. Therefore, some amounts presented in this schedule may differ from amounts presented in the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: N/A
Clear Creek County did not elect to utilize the 10% de minimis indirect cost rate.
Title: Transportation Alternative, Wildlife Restoration, and Recreational Trails Programs
Accounting Policies: federal awards 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 (Uniform Guidance), using the modified accrual basis of accounting. Therefore, some amounts presented in this schedule may differ from amounts presented in the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: N/A
Clear Creek County incurred costs reimbursed through federal grant programs that were not reported as required for the years ended December 31, 2021, and 2022. $24,449 was expended under the Wildlife Restoration Program, Assistance Listing No. 15.611, $116,860 was expended under the Recreational Trails Program, Assistance Listing No. 20.619, and $343,215 was expended under the Transportation Alternatives Program, Assistance Listing No. 20.205. However, no additional program testing was required for calendar year 2021 or 2022 as a result of this exclusion.