Title: NOTE 1—BASIS OF PRESENTATION
Accounting Policies: NOTE 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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: Y
Rate Explanation: NOTE 5-INDIRECT COST RATE METHODOLOGY
The CHCSCT has elected to use the 10 percent de mininus indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Community Health Centers of South Central Texas, Inc., (CHCSCT) under programs of the federal government for the year ended November 30, 2023. 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 CHCSCT, it is not intended to and does not present the financial position, changes in net assets, or cash flows of CHCSCT.
Title: NOTE 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: NOTE 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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: Y
Rate Explanation: NOTE 5-INDIRECT COST RATE METHODOLOGY
The CHCSCT has elected to use the 10 percent de mininus indirect cost rate as allowed under the Uniform Guidance.
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.
Title: NOTE 3 – RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Accounting Policies: NOTE 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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: Y
Rate Explanation: NOTE 5-INDIRECT COST RATE METHODOLOGY
The CHCSCT has elected to use the 10 percent de mininus indirect cost rate as allowed under the Uniform Guidance.
Federal financial assistance programs are reported in CHCSCT's basic financial statements as support. Total federal financial assistance per the accompanying Schedule of Expenditures of Federal Awards does not include monies received as cost reimbursement for services provided to Medicaid and Medicare eligible recipients. In addition, the schedule does not include monies received on a fee for service basis under the Title XX Family Planning contract with the Texas Health and Human Services Commission. This federal funding excluded from the accompanying schedule is not considered expenditures of federal awards as defined in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirement for Federal Awards (Uniform Guidance).
Title: NOTE 4-PROGRAM OR AWARD AMOUNTS
Accounting Policies: NOTE 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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: Y
Rate Explanation: NOTE 5-INDIRECT COST RATE METHODOLOGY
The CHCSCT has elected to use the 10 percent de mininus indirect cost rate as allowed under the Uniform Guidance.
Amounts include contract/award amounts plus any additional reimbursement monies received in fiscal year 2023.
Additionally, expenditures of federal awards for the fiscal year presented in the Schedule under the Health Center Program Cluster, Special Supplemental Nutrition Program for Women, Infants and Children and Maternal and Child Health Services equal to the funding received during the fiscal year. For the National Breast and Cervical Cancer Early Detection Program/Center for Disease Control and Prevention Investigations and Technical Assistance program expenditures of federal awards equal to the CHCSCT’s expenses for allowable costs for that specific program made within the fiscal year under audit.
Title: NOTE 5-INDIRECT COST RATE METHODOLOGY
Accounting Policies: NOTE 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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: Y
Rate Explanation: NOTE 5-INDIRECT COST RATE METHODOLOGY
The CHCSCT has elected to use the 10 percent de mininus indirect cost rate as allowed under the Uniform Guidance.
The CHCSCT has elected to use the 10 percent de mininus indirect cost rate as allowed under the Uniform Guidance.
Title: NOTE 6-SUBRECIPIENTS
Accounting Policies: NOTE 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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: Y
Rate Explanation: NOTE 5-INDIRECT COST RATE METHODOLOGY
The CHCSCT has elected to use the 10 percent de mininus indirect cost rate as allowed under the Uniform Guidance.
The CHCSCT provided no federal awards to subrecipients during the year ended November 30, 2023.