Title: Purpose of Schedule and Reporting Entity
Accounting Policies: The Schedule is presented in accordance with the Uniform Guidance, which defines federal award as "…assistance that non-federal entities receive or administer in the form of grants, loans, loan guarantees, property (including donated surplus property), cooperative agreements, interest subsidies, insurance, food commodities, direct appropriations, and other assistance, but does not include amounts received as reimbursement for services rendered to individuals."
De Minimis Rate Used: N
Rate Explanation: Alexander County, Illinois 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 has been prepared to comply with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). This circular requires a Schedule of Expenditures of Federal Awards showing total expenditures for each federal financial assistance program as identified in the Catalog of Federal Domestic Assistance (CFDA) and identification of programs that have not been assigned a CFDA number as "Other Federal Assistance."
Title: Basis of Presentation
Accounting Policies: The Schedule is presented in accordance with the Uniform Guidance, which defines federal award as "…assistance that non-federal entities receive or administer in the form of grants, loans, loan guarantees, property (including donated surplus property), cooperative agreements, interest subsidies, insurance, food commodities, direct appropriations, and other assistance, but does not include amounts received as reimbursement for services rendered to individuals."
De Minimis Rate Used: N
Rate Explanation: Alexander County, Illinois has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Schedule is presented in accordance with the Uniform Guidance, which defines federal award as "…assistance that non-federal entities receive or administer in the form of grants, loans, loan guarantees, property (including donated surplus property), cooperative agreements, interest subsidies, insurance, food commodities, direct appropriations, and other assistance, but does not include amounts received as reimbursement for services rendered to individuals."
Title: Basis of Accounting
Accounting Policies: The Schedule is presented in accordance with the Uniform Guidance, which defines federal award as "…assistance that non-federal entities receive or administer in the form of grants, loans, loan guarantees, property (including donated surplus property), cooperative agreements, interest subsidies, insurance, food commodities, direct appropriations, and other assistance, but does not include amounts received as reimbursement for services rendered to individuals."
De Minimis Rate Used: N
Rate Explanation: Alexander County, Illinois has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Schedule is presented on the modified cash basis of accounting.
Title: Federal Assurances
Accounting Policies: The Schedule is presented in accordance with the Uniform Guidance, which defines federal award as "…assistance that non-federal entities receive or administer in the form of grants, loans, loan guarantees, property (including donated surplus property), cooperative agreements, interest subsidies, insurance, food commodities, direct appropriations, and other assistance, but does not include amounts received as reimbursement for services rendered to individuals."
De Minimis Rate Used: N
Rate Explanation: Alexander County, Illinois has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Alexander County, Illinois did not have federal insurance or loans/loan guarantees in effect during the year. The County did not receive any non-cash assistance during the fiscal year.
Title: Indirect Cost Rate
Accounting Policies: The Schedule is presented in accordance with the Uniform Guidance, which defines federal award as "…assistance that non-federal entities receive or administer in the form of grants, loans, loan guarantees, property (including donated surplus property), cooperative agreements, interest subsidies, insurance, food commodities, direct appropriations, and other assistance, but does not include amounts received as reimbursement for services rendered to individuals."
De Minimis Rate Used: N
Rate Explanation: Alexander County, Illinois has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Alexander County, Illinois has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Subrecipients
Accounting Policies: The Schedule is presented in accordance with the Uniform Guidance, which defines federal award as "…assistance that non-federal entities receive or administer in the form of grants, loans, loan guarantees, property (including donated surplus property), cooperative agreements, interest subsidies, insurance, food commodities, direct appropriations, and other assistance, but does not include amounts received as reimbursement for services rendered to individuals."
De Minimis Rate Used: N
Rate Explanation: Alexander County, Illinois has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Alexander County, Illinois did not provide any federal funds to subrec ipients.