Title: BASIS OF PRESENTATION
Accounting Policies: Revenues and expenditures in the schedules are presented in accordance with the modified accrual basis of accounting and are generally in agreement with revenues and expenditures reported in Waupaca County, Wisconsin’s 2023 fund financial statements. Accrued revenue at year-end consists of federal and state program expenditures scheduled for reimbursement to Waupaca County, Wisconsin in the succeeding year while unearned revenue represents advances for federal and state programs that exceed recorded Waupaca County, Wisconsin expenditures. Because of subsequent program adjustments, these amounts may differ from the prior year’s ending balances.
De Minimis Rate Used: N
Rate Explanation: Waupaca County, Wisconsin has not elected to charge a de minimis rate of 10% of modified total costs.
The accompanying Schedules of Expenditures of Federal and State Awards for Waupaca County, Wisconsin are 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) and the State Single Audit Guidelines issued by the Wisconsin Department of Administration.
The Schedules of Expenditures of Federal and State Awards include all federal and state awards of Waupaca County, Wisconsin. Because the schedules present only a selected portion of the operations of Waupaca County, it is not intended to and does not present the financial position, changes in net position, or cash flows of Waupaca County, Wisconsin.
Title: OVERSIGHT AGENCIES
Accounting Policies: Revenues and expenditures in the schedules are presented in accordance with the modified accrual basis of accounting and are generally in agreement with revenues and expenditures reported in Waupaca County, Wisconsin’s 2023 fund financial statements. Accrued revenue at year-end consists of federal and state program expenditures scheduled for reimbursement to Waupaca County, Wisconsin in the succeeding year while unearned revenue represents advances for federal and state programs that exceed recorded Waupaca County, Wisconsin expenditures. Because of subsequent program adjustments, these amounts may differ from the prior year’s ending balances.
De Minimis Rate Used: N
Rate Explanation: Waupaca County, Wisconsin has not elected to charge a de minimis rate of 10% of modified total costs.
The federal and state oversight agencies for Waupaca County, Wisconsin are as follows:
Federal - U.S. Department of Treasury
State - Wisconsin Department of Health Services
Title: TITLE 19 MEDICAL ASSISTANCE PAYMENTS
Accounting Policies: Revenues and expenditures in the schedules are presented in accordance with the modified accrual basis of accounting and are generally in agreement with revenues and expenditures reported in Waupaca County, Wisconsin’s 2023 fund financial statements. Accrued revenue at year-end consists of federal and state program expenditures scheduled for reimbursement to Waupaca County, Wisconsin in the succeeding year while unearned revenue represents advances for federal and state programs that exceed recorded Waupaca County, Wisconsin expenditures. Because of subsequent program adjustments, these amounts may differ from the prior year’s ending balances.
De Minimis Rate Used: N
Rate Explanation: Waupaca County, Wisconsin has not elected to charge a de minimis rate of 10% of modified total costs.
The Schedules of Expenditures of Federal and State Awards do not include recorded revenues of $2,645,218 received by Waupaca County, Wisconsin for Title 19 Medical Assistance programs. The payments are considered a contract for services between the State and Waupaca County, Wisconsin and therefore are not reported as federal or state awards.
Title: STATE DIRECT PAYMENTS
Accounting Policies: Revenues and expenditures in the schedules are presented in accordance with the modified accrual basis of accounting and are generally in agreement with revenues and expenditures reported in Waupaca County, Wisconsin’s 2023 fund financial statements. Accrued revenue at year-end consists of federal and state program expenditures scheduled for reimbursement to Waupaca County, Wisconsin in the succeeding year while unearned revenue represents advances for federal and state programs that exceed recorded Waupaca County, Wisconsin expenditures. Because of subsequent program adjustments, these amounts may differ from the prior year’s ending balances.
De Minimis Rate Used: N
Rate Explanation: Waupaca County, Wisconsin has not elected to charge a de minimis rate of 10% of modified total costs.
Payments made directly to recipients and vendors by the State of Wisconsin under the FoodShare Wisconsin program on behalf of Waupaca County, Wisconsin are not included in the Schedules of Expenditures of Federal and State Awards.
Title: STATE OF WISCONSIN COMMUNITY AIDS REPORTING SYSTEM
Accounting Policies: Revenues and expenditures in the schedules are presented in accordance with the modified accrual basis of accounting and are generally in agreement with revenues and expenditures reported in Waupaca County, Wisconsin’s 2023 fund financial statements. Accrued revenue at year-end consists of federal and state program expenditures scheduled for reimbursement to Waupaca County, Wisconsin in the succeeding year while unearned revenue represents advances for federal and state programs that exceed recorded Waupaca County, Wisconsin expenditures. Because of subsequent program adjustments, these amounts may differ from the prior year’s ending balances.
De Minimis Rate Used: N
Rate Explanation: Waupaca County, Wisconsin has not elected to charge a de minimis rate of 10% of modified total costs.
The Wisconsin Departments of Health Services (DHS) and Children and Families (DCF) utilize the Community Aids Reporting System (CARS) and the System for Payments and Reports of Contracts (SPARC) for reimbursing Waupaca County, Wisconsin for various federal and state program expenditures. The expenditures reported on the Schedules of Expenditures of Federal and State Awards for various DHS & DCF programs agree with the expenditures reported on the June 2024 GEARS for the Human Services and Public Health Departments, and the December 2023 SPARC for Child Support and Child Care programs.