Title: FISCAL REPORTING
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Lapeer County (the County) for the year ended December 31, 2022. Expenditures reported on the Schedule are reported on the same basis of accounting, the modified accrual basis, as the financial statements, although the basis for determining when federal awards are expended 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), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the financial statements. The County passes a certain amount of these federal awards to other local governments and agencies (subrecipients) who provide the actual program services. These awards passed through to subrecipients are recognized as expenditures by the County in the period the program services are provided. The County has elected not to use the 10% De Minimis cost rate allowed under the Uniform Guidance. The County's reporting entity is described in Note 1 to the County's basic financial statements. The County's financial statements include the operations of the Lapeer County Road Commission presented as a discretely presented component unit and the Lapeer County Medical Care Facility presented as a major fund, which received federal awards that are not included in the Schedule for the year ended December 31, 2022, as these entities were audited separately, and if necessary, audits in accordance with the Uniform Guidance are issued. Because the Schedule presents only a selected portion of the operations of the County, it is not intended to and does not present the net position, changes in net position, or cash flows of the County.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Certain County departments and their grants are reported on a September 30 year-end basis; these are denoted on the Schedule with an asterisk (*).
Title: NONCASH ASSISTANCE
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Lapeer County (the County) for the year ended December 31, 2022. Expenditures reported on the Schedule are reported on the same basis of accounting, the modified accrual basis, as the financial statements, although the basis for determining when federal awards are expended 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), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the financial statements. The County passes a certain amount of these federal awards to other local governments and agencies (subrecipients) who provide the actual program services. These awards passed through to subrecipients are recognized as expenditures by the County in the period the program services are provided. The County has elected not to use the 10% De Minimis cost rate allowed under the Uniform Guidance. The County's reporting entity is described in Note 1 to the County's basic financial statements. The County's financial statements include the operations of the Lapeer County Road Commission presented as a discretely presented component unit and the Lapeer County Medical Care Facility presented as a major fund, which received federal awards that are not included in the Schedule for the year ended December 31, 2022, as these entities were audited separately, and if necessary, audits in accordance with the Uniform Guidance are issued. Because the Schedule presents only a selected portion of the operations of the County, it is not intended to and does not present the net position, changes in net position, or cash flows of the County.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The value of Vaccine Doses, part of the Immunization Cooperative Agreements (CFDA #93.268), has been valued on the Schedule based on the assessed value provided by the Michigan Department of Health and Human Services (pass-through grantor).