Notes to SEFA
Title: Reporting Entity
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 Uniform Guidance, for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Goodhue County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Schedule of Expenditures of Federal Awards presents the activities of federal award programs expended by Goodhue County (County). The County’s reporting entity is defined in Note 1 to the financial statements.
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 Uniform Guidance, for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Goodhue County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Goodhue County under programs of the federal government for the year ended December 31, 2023. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) from the Office of Management and Budget (OMB). Because the schedule presents only a selected portion of the operations of Goodhue County, it
is not intended to and does not present the financial position or changes in net position of Goodhue County.
Title: Reconciliation to Schedule of Intergovernmental Revenue
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 Uniform Guidance, for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Goodhue County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Federal grant revenue per Schedule of Intergovernmental Revenue $ 8,841,477
Grants deferred in 2022, recognized as revenue in 2023
Activities to Support State, Tribal, Local and Territorial (STLT) Health Department Response to Public Heath or Healthcare Crises (5,920)
MaryLee Allen Promoting Safe and Stable Families
Program (1,095)
Community-Based Child Abuse Prevention Grants (225)
Stephanie Tubbs Jones Child Welfare Services
Program (1,952)
John H. Chafee Foster Care Program for Successful
Transition to Adulthood (33,434)
Grants received more than 60 days after year-end, deferred in 2023
MaryLee Allen Promoting Safe and Stable Families
Program 1,034
Stephanie Tubbs Jones Child Welfare Services
Program 1,029
Expenditures per Schedule of Expenditures of
Federal Awards $ 8,800,914