Audit 309954

Accounting Policies: A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES General The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of Comanche County, Texas (the "County"). The County's reporting entity is defined in Note 1 to the County's Cash Basis Financial Statements. All federal awards received directly by the primary government from federal agencies, as well as federal awards passed through other government agencies, are included in the scope of the Uniform Guidance and are included on the Expenditures of Federal Awards. Basis of Accounting The accompanying Schedules of Expenditures of Federal Awards are presented using the modified accrual basis of accounting for governmental funds. As noted in Note 1 of the County's Cash Basis Financial Statements, the County prepares its financial statements on the cash basis of accounting. B - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS Amounts reported in the accompanying Schedules of Expenditures of Federal Awards may not agree with the amounts reported in the related federal financial reports filed with grantor agencies because those reports are filed on the cash basis. C - CONTINGENCIES The County participates in several federal grant programs, which are governed by various rules and regulations of the grantor agencies. Costs charged to the respective grant programs are subject to audit and adjustment by the grantor agencies; therefore, to the extent that the County has not complied with the rules and regulations governing the grants, refunds of any money received may be required and the collectability of any related receivable at September 30, 2023 may be impaired. In the opinion of management, there are no significant contingent liabilities relating to compliance with the rules and regulations governing the respective grants. De Minimis Rate Used: N Rate Explanation: NA