Title: SUBRECIPIENTS
Accounting Policies: The schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Pecos County Memorial Hospital, an enterprise fund of Pecos County, Texas (the “Hospital”) under programs of the federal government for the year ended December 31, 2022. 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). Because the Schedule presents only a selected portion of the operations of the Hospital, it is not intended to and does not present the net position, revenue, expenses, and changes in net position, or cash flows of the Hospital. Expenditures reported on the Schedule are reported on the 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.
De Minimis Rate Used: N
Rate Explanation: The Hospital has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The Hospital did not provide any federal awards to subrecipients during the year ended December 31, 2022.
Title: PROVIDER RELIEF FUND (#93.498)
Accounting Policies: The schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Pecos County Memorial Hospital, an enterprise fund of Pecos County, Texas (the “Hospital”) under programs of the federal government for the year ended December 31, 2022. 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). Because the Schedule presents only a selected portion of the operations of the Hospital, it is not intended to and does not present the net position, revenue, expenses, and changes in net position, or cash flows of the Hospital. Expenditures reported on the Schedule are reported on the 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.
De Minimis Rate Used: N
Rate Explanation: The Hospital has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Expenditures under Catalog of Federal Domestic Assistance #93.498, Provider Relief Fund (“PRF”) applies the guidance of the U.S. Department of Health and Human Services (“HHS”). For the PRF program, the amount on the Schedule is reported based on the PRF portal submission guidelines. Payments from HHS for the PRF are assigned to one of four Payment Received Periods based upon the date each payment from the PRF was received. Each Period has a specified Period of Availability and timing of reporting requirements. The Schedule includes those qualifying expenditures and/or lost revenues that were reported in the PRF portal for Periods 4 and 5 (Payment Received Periods from July 1, 2021 to December 31, 2021 and January 1, 2022 to June 30, 2022, respectively; periods of availability for eligible expenses from January 1, 2020 to December 31, 2022 and January 1, 2020 to June 30, 2023; and periods of availability for lost revenues from January 1, 2020 to December 31, 2022 and January 1, 2020 to June 30, 2023, respectively). As such, the amount presented in this Schedule will differ from amounts reported in the statements or revenues, expenses, and changes in net position.