Title: Note 3: FEDERALLY FUNDED INSURANCE AND FEDERALLY FUNDED LOANS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial assistance programs of the Jefferson County Department of Health. All federal financial assistance received directly from federal agencies, as well as federal financial assistance passed through other state and local government agencies, is included in the schedule. The accompanying Schedule of Expenditures of Federal Awards is presented using the modified accrual basis of accounting. Under this modified accrual basis of accounting, revenues are recognized when "measurable and available". Measurable means knowing or being able to reasonably estimate the amount. Available means collectible within the current period or within sixty days after year-end. Expenditures are recorded when the related liability is incurred. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because this schedule presents only a selected portion of the operations of the Department, it is not intended to and does not represent the financial position of the Department.
De Minimis Rate Used: N
Rate Explanation: The Department has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Department has no federally funded insurance and no federally funded loans or loan guarantees for the fiscal year ended September 30, 2023.
Title: Note 4: NON-CASH AWARDS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial assistance programs of the Jefferson County Department of Health. All federal financial assistance received directly from federal agencies, as well as federal financial assistance passed through other state and local government agencies, is included in the schedule. The accompanying Schedule of Expenditures of Federal Awards is presented using the modified accrual basis of accounting. Under this modified accrual basis of accounting, revenues are recognized when "measurable and available". Measurable means knowing or being able to reasonably estimate the amount. Available means collectible within the current period or within sixty days after year-end. Expenditures are recorded when the related liability is incurred. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because this schedule presents only a selected portion of the operations of the Department, it is not intended to and does not represent the financial position of the Department.
De Minimis Rate Used: N
Rate Explanation: The Department has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
During the year ended September 30, 2023, the Department did not receive any non-cash federal assistance.
Title: Note 5: RECONCILIATION TO FINANCIAL STATEMENTS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial assistance programs of the Jefferson County Department of Health. All federal financial assistance received directly from federal agencies, as well as federal financial assistance passed through other state and local government agencies, is included in the schedule. The accompanying Schedule of Expenditures of Federal Awards is presented using the modified accrual basis of accounting. Under this modified accrual basis of accounting, revenues are recognized when "measurable and available". Measurable means knowing or being able to reasonably estimate the amount. Available means collectible within the current period or within sixty days after year-end. Expenditures are recorded when the related liability is incurred. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because this schedule presents only a selected portion of the operations of the Department, it is not intended to and does not represent the financial position of the Department.
De Minimis Rate Used: N
Rate Explanation: The Department has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Total federal awards on the accompanying Schedule of Expenditures of Federal Awards includes $2,294,223 of Provider Relief Funds, which were recognized as revenue by the Department in the year ended September 30, 2022. The Department has followed the reporting guidelines issued in the OMB Compliance Supplements to determine the timing of reporting Provider Relief Funds on the Schedule of Expenditures of Federal Awards.