Notes to SEFA
Title: Note 1: Basis of Presentation
Accounting Policies: Note 2: Summary of Significant Accounting Policies
With the exception of expenditures related to the Provider Relief Fund (PRF), expenditures on the Schedule are reported on the accrual basis of accounting and 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. The PRF is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reported on the Schedule for PRF are based on the PRF period of availability, terms and conditions of the PRF program, and amounts reported in the PRF portal for the reporting period 5, due September 30, 2023 and reporting period 6, due March 31, 2024.
De Minimis Rate Used: N
Rate Explanation: Note 4: Indirect Cost
The District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (“Schedule”) includes the federal award activity of Kootenai Hospital District dba Kootenai Health (the “District”). 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 (the “Uniform Guidance”). Because the schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the District.
Title: Note 3: Blended Component Unit
Accounting Policies: Note 2: Summary of Significant Accounting Policies
With the exception of expenditures related to the Provider Relief Fund (PRF), expenditures on the Schedule are reported on the accrual basis of accounting and 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. The PRF is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reported on the Schedule for PRF are based on the PRF period of availability, terms and conditions of the PRF program, and amounts reported in the PRF portal for the reporting period 5, due September 30, 2023 and reporting period 6, due March 31, 2024.
De Minimis Rate Used: N
Rate Explanation: Note 4: Indirect Cost
The District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule includes the federal grant activity of the District and its blended component units, Clearwater Valley Hospital and Clinics and St. Mary’s Hospital, as the District is the sole member of each respective entity. The accompanying Schedule also includes the federal grant activity of the blended component unit, Kootenai Outpatient Surgery, as the District has 51% ownership interest in the entity.
Title: Note 5: Subrecipients
Accounting Policies: Note 2: Summary of Significant Accounting Policies
With the exception of expenditures related to the Provider Relief Fund (PRF), expenditures on the Schedule are reported on the accrual basis of accounting and 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. The PRF is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reported on the Schedule for PRF are based on the PRF period of availability, terms and conditions of the PRF program, and amounts reported in the PRF portal for the reporting period 5, due September 30, 2023 and reporting period 6, due March 31, 2024.
De Minimis Rate Used: N
Rate Explanation: Note 4: Indirect Cost
The District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The District passed no federal awards through to subrecipients.