Title: Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards for the year ended November 30, 2023 and 2022 is presented using the modified accrual basis of accounting. All Federal Grants, except for Immunization Cooperative Agreement, are reflected in the County’s financial statements with the majority of the funding flowing through the Cass County Health Fund. Immunization Grant are non-cash awards received by the County. For complete accounting policies - See Note 1 of the Federal Financial Assistance Report.
De Minimis Rate Used: Both
Rate Explanation: The County of Cass, Illinois, except for State of Illinois grants awarded to the Cass County Health Fund, elects to use the 10% de minimus indirect cost rate.
The County provided no federal awards to subrecipients. See Note 2 of the Federal Financial Assistance Report.
Title: Non-Cash Award
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards for the year ended November 30, 2023 and 2022 is presented using the modified accrual basis of accounting. All Federal Grants, except for Immunization Cooperative Agreement, are reflected in the County’s financial statements with the majority of the funding flowing through the Cass County Health Fund. Immunization Grant are non-cash awards received by the County. For complete accounting policies - See Note 1 of the Federal Financial Assistance Report.
De Minimis Rate Used: Both
Rate Explanation: The County of Cass, Illinois, except for State of Illinois grants awarded to the Cass County Health Fund, elects to use the 10% de minimus indirect cost rate.
The County received the following non-cash awards during the fiscal year ended November 30, 2023: Immunization Cooperative Agreement - CFDA 93.268 $167,571. See Note 3 of the Federal Financial Assistance Report.
Title: Contingencies
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards for the year ended November 30, 2023 and 2022 is presented using the modified accrual basis of accounting. All Federal Grants, except for Immunization Cooperative Agreement, are reflected in the County’s financial statements with the majority of the funding flowing through the Cass County Health Fund. Immunization Grant are non-cash awards received by the County. For complete accounting policies - See Note 1 of the Federal Financial Assistance Report.
De Minimis Rate Used: Both
Rate Explanation: The County of Cass, Illinois, except for State of Illinois grants awarded to the Cass County Health Fund, elects to use the 10% de minimus indirect cost rate.
The County of Cass, Illinois receives awards under various federal grant programs which must be expended according to provisions established by the various grants. Compliance with the grant provisions are subject to audit by the various granting agencies which may impose sanctions in the event of non-compliance. Management believes they have complied with all aspects of the grant provisions and they feel the results of any adjustments would have an immaterial impact on the financial statements taken as a whole. See Note 4 of the Federal Financial Assistance Report.
Title: Risk Management
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards for the year ended November 30, 2023 and 2022 is presented using the modified accrual basis of accounting. All Federal Grants, except for Immunization Cooperative Agreement, are reflected in the County’s financial statements with the majority of the funding flowing through the Cass County Health Fund. Immunization Grant are non-cash awards received by the County. For complete accounting policies - See Note 1 of the Federal Financial Assistance Report.
De Minimis Rate Used: Both
Rate Explanation: The County of Cass, Illinois, except for State of Illinois grants awarded to the Cass County Health Fund, elects to use the 10% de minimus indirect cost rate.
The County carries a broad range of insurance coverage including business auto liability, general liability, workers compensation and umbrella policy. During the year ended November 30, 2023, there were no significant reductions in coverage. Also, there have been no settlement amounts which have exceeded insurance coverage in the past three years. See Note 5 of the Federal Financial Assistance Report.