Notes to SEFA
Title: Reconciliation of Schedule of Expenditures of Federal Awards to Financial Statements
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of Scott County, Illinois. The County's reporting entity is defined in Note 1 to the County's financial statements. Federal awards passed through other government agencies are included on the schedule. The accompanying Schedule of Expenditures of Federal Awards is presented using the modified cash basis of accounting. Federal awards received are reflected in the County's financial statements as revenue from federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Total Federal awards per Schedule of Expenditures of Federal Awards $2,041,711 less Non-cash WIC commodities and immunizations not reported in the financial statements $-0- equals Total Federal Revenue per Financial Statements $2,041,711.
Title: Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of Scott County, Illinois. The County's reporting entity is defined in Note 1 to the County's financial statements. Federal awards passed through other government agencies are included on the schedule. The accompanying Schedule of Expenditures of Federal Awards is presented using the modified cash basis of accounting. Federal awards received are reflected in the County's financial statements as revenue from federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Of the federal expenditures presented in the schedule, Scott County, Illinois provided no federal awards to subrecipients.
Title: Federal Insurance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of Scott County, Illinois. The County's reporting entity is defined in Note 1 to the County's financial statements. Federal awards passed through other government agencies are included on the schedule. The accompanying Schedule of Expenditures of Federal Awards is presented using the modified cash basis of accounting. Federal awards received are reflected in the County's financial statements as revenue from federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Scott County did not have any federal insurance in effect during the year.
Title: Federal Loans or Loan Guarantees
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of Scott County, Illinois. The County's reporting entity is defined in Note 1 to the County's financial statements. Federal awards passed through other government agencies are included on the schedule. The accompanying Schedule of Expenditures of Federal Awards is presented using the modified cash basis of accounting. Federal awards received are reflected in the County's financial statements as revenue from federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Scott County had no Federal loans or Federal loan guarantees outstanding as of November 30, 2023.