Title: Note 1
Accounting Policies: The accompanying schedule of expenditures of Federal and State awards (SEFSA) includes the Federal and State grant activity of Columbus County under the programs of the Federal government and the State of North Carolina for the year ended June 30, 2023. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and the State Single Audit Implementation Act. Because the Schedule presents only a selected portion of the operations of Columbus County, it is not intended to and does not present the financial position, change in net position or cash flows of Columbus County.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the 10% de Minimis indirect cost rate.
The accompanying Schedule of Expenditures of Federal and State Awards (the “Schedule”) includes the federal and state award activity of Columbus County, North Carolina (the “County”) under programs of the federal government and the State of North Carolina for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the State Single Audit Implementation Act. Because the Schedule presents only a selected portion of the operations of the County, it is not intended to and does not present the financial position, changes in net position, or cash flows of the County.
Title: Note 2
Accounting Policies: The accompanying schedule of expenditures of Federal and State awards (SEFSA) includes the Federal and State grant activity of Columbus County under the programs of the Federal government and the State of North Carolina for the year ended June 30, 2023. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and the State Single Audit Implementation Act. Because the Schedule presents only a selected portion of the operations of Columbus County, it is not intended to and does not present the financial position, change in net position or cash flows of Columbus County.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the 10% de Minimis indirect cost rate.
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Note 3
Accounting Policies: The accompanying schedule of expenditures of Federal and State awards (SEFSA) includes the Federal and State grant activity of Columbus County under the programs of the Federal government and the State of North Carolina for the year ended June 30, 2023. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and the State Single Audit Implementation Act. Because the Schedule presents only a selected portion of the operations of Columbus County, it is not intended to and does not present the financial position, change in net position or cash flows of Columbus County.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the 10% de Minimis indirect cost rate.
The County did not utilize the 10% de Minimis indirect cost rate permitted by the Uniform Guidance.
Title: Note 4
Accounting Policies: The accompanying schedule of expenditures of Federal and State awards (SEFSA) includes the Federal and State grant activity of Columbus County under the programs of the Federal government and the State of North Carolina for the year ended June 30, 2023. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and the State Single Audit Implementation Act. Because the Schedule presents only a selected portion of the operations of Columbus County, it is not intended to and does not present the financial position, change in net position or cash flows of Columbus County.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the 10% de Minimis indirect cost rate.
As of June 30, 2023, the County has federally funded loans outstanding as follows: (1) United States Department of Agriculture – $25,492,202
Title: Note 5
Accounting Policies: The accompanying schedule of expenditures of Federal and State awards (SEFSA) includes the Federal and State grant activity of Columbus County under the programs of the Federal government and the State of North Carolina for the year ended June 30, 2023. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and the State Single Audit Implementation Act. Because the Schedule presents only a selected portion of the operations of Columbus County, it is not intended to and does not present the financial position, change in net position or cash flows of Columbus County.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the 10% de Minimis indirect cost rate.
The following are clustered by the NC Department of Health and Human Services and are treated separately for state audit requirement purposes: Subsidized Child Care and Foster Care and Adoption.
Title: Note 6
Accounting Policies: The accompanying schedule of expenditures of Federal and State awards (SEFSA) includes the Federal and State grant activity of Columbus County under the programs of the Federal government and the State of North Carolina for the year ended June 30, 2023. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and the State Single Audit Implementation Act. Because the Schedule presents only a selected portion of the operations of Columbus County, it is not intended to and does not present the financial position, change in net position or cash flows of Columbus County.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the 10% de Minimis indirect cost rate.
The amounts listed below were paid directly to individual recipients by the State from federal and State moneys. County personnel are involved with certain functions, primarily eligibility determinations that cause benefit payments to be issued by the State. These amounts disclose this additional aid to County recipients that do not appear in the basic financial statements because they are not revenues and expenditures of the County.