Title: Basis of Presentation
Accounting Policies: 1. Basis of Presentation
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the County of Wayne, Pennsylvania (the “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). Therefore, some amounts in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
2. Summary of Significant Accounting Policies
Expenditures reported in the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized in accordance with the cost principles, as applicable, contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the schedule of expenditures of federal awards represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
Certain accrued and unearned revenue balances at January 1, 2023 have been adjusted to reflect actual receipts and expenditures in prior periods.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the ten 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 the County of Wayne, Pennsylvania (the “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). Therefore, some amounts in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
Title: Summary of Significant Accounting Policies
Accounting Policies: 1. Basis of Presentation
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the County of Wayne, Pennsylvania (the “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). Therefore, some amounts in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
2. Summary of Significant Accounting Policies
Expenditures reported in the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized in accordance with the cost principles, as applicable, contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the schedule of expenditures of federal awards represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
Certain accrued and unearned revenue balances at January 1, 2023 have been adjusted to reflect actual receipts and expenditures in prior periods.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported in the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized in accordance with the cost principles, as applicable, contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the schedule of expenditures of federal awards represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
Certain accrued and unearned revenue balances at January 1, 2023 have been adjusted to reflect actual receipts and expenditures in prior periods.
Title: Indirect Costs
Accounting Policies: 1. Basis of Presentation
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the County of Wayne, Pennsylvania (the “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). Therefore, some amounts in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
2. Summary of Significant Accounting Policies
Expenditures reported in the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized in accordance with the cost principles, as applicable, contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the schedule of expenditures of federal awards represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
Certain accrued and unearned revenue balances at January 1, 2023 have been adjusted to reflect actual receipts and expenditures in prior periods.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
The County has elected not to use the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Pass-Through Grants
Accounting Policies: 1. Basis of Presentation
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the County of Wayne, Pennsylvania (the “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). Therefore, some amounts in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
2. Summary of Significant Accounting Policies
Expenditures reported in the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized in accordance with the cost principles, as applicable, contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the schedule of expenditures of federal awards represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
Certain accrued and unearned revenue balances at January 1, 2023 have been adjusted to reflect actual receipts and expenditures in prior periods.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
A portion of the Community Development Block Grant, Assistance Listing #14.228, is passed through to the Redevelopment Authority of the County of Wayne.
Title: Programs Omitted in Prior Periods
Accounting Policies: 1. Basis of Presentation
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the County of Wayne, Pennsylvania (the “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). Therefore, some amounts in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
2. Summary of Significant Accounting Policies
Expenditures reported in the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized in accordance with the cost principles, as applicable, contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the schedule of expenditures of federal awards represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
Certain accrued and unearned revenue balances at January 1, 2023 have been adjusted to reflect actual receipts and expenditures in prior periods.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
The County mistakenly excluded the following grants passed through the Pennsylvania Commission on Crime and Delinquency (PCCD) from its schedule of expenditures of federal awards (SEFA) for the years ended December 31, 2019, 2020, and 2021: SEE THE NOTES TO THE SEFA FOR CHART/TABLE