Audit 319404

Title: 1. Summary of Significant Accounting Policies Accounting Policies: Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards presents the activity of the federal award programs administered by the County of Clinton, New York (the County), an entity described in Note 1 of the basic financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through from other government agencies, are included on the Schedule of Expenditures of Federal Awards. Basis of Accounting The basis of accounting used is consistent with the underlying regulations pertaining to the program and the governmental funds accounting in the financial statements. The amounts reported as federal expenditures were obtained from the appropriate federal financial reports for the applicable programs and periods. The amounts reported in these federal financial reports are prepared from records maintained for each program. These records are periodically reconciled to the general ledger, which is the source of the financial statements. Disaster Grants – Public Assistance (Presidentially Declared Disasters), Assistance Listing Number 97.036, are included on the accompanying Schedule of Expenditures of Federal Awards during the year they are obligated by the Federal Emergency Management Agency. Indirect Costs Indirect costs and administrative allowances are set by New York State or Federal awarding agencies by contractual rates. The County chose not to use the 10% de minimis indirect cost rate allowed by the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: Indirect Costs Indirect costs and administrative allowances are set by New York State or Federal awarding agencies by contractual rates. The County chose not to use the 10% de minimis indirect cost rate allowed by the Uniform Guidance. Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards presents the activity of the federal award programs administered by the County of Clinton, New York (the County), an entity described in Note 1 of the basic financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through from other government agencies, are included on the Schedule of Expenditures of Federal Awards. Basis of Accounting The basis of accounting used is consistent with the underlying regulations pertaining to the program and the governmental funds accounting in the financial statements. The amounts reported as federal expenditures were obtained from the appropriate federal financial reports for the applicable programs and periods. The amounts reported in these federal financial reports are prepared from records maintained for each program. These records are periodically reconciled to the general ledger, which is the source of the financial statements. Disaster Grants – Public Assistance (Presidentially Declared Disasters), Assistance Listing Number 97.036, are included on the accompanying Schedule of Expenditures of Federal Awards during the year they are obligated by the Federal Emergency Management Agency. Indirect Costs Indirect costs and administrative allowances are set by New York State or Federal awarding agencies by contractual rates. The County chose not to use the 10% de minimis indirect cost rate allowed by the Uniform Guidance.

Title: 2. Non-Cash Expenditures Accounting Policies: Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards presents the activity of the federal award programs administered by the County of Clinton, New York (the County), an entity described in Note 1 of the basic financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through from other government agencies, are included on the Schedule of Expenditures of Federal Awards. Basis of Accounting The basis of accounting used is consistent with the underlying regulations pertaining to the program and the governmental funds accounting in the financial statements. The amounts reported as federal expenditures were obtained from the appropriate federal financial reports for the applicable programs and periods. The amounts reported in these federal financial reports are prepared from records maintained for each program. These records are periodically reconciled to the general ledger, which is the source of the financial statements. Disaster Grants – Public Assistance (Presidentially Declared Disasters), Assistance Listing Number 97.036, are included on the accompanying Schedule of Expenditures of Federal Awards during the year they are obligated by the Federal Emergency Management Agency. Indirect Costs Indirect costs and administrative allowances are set by New York State or Federal awarding agencies by contractual rates. The County chose not to use the 10% de minimis indirect cost rate allowed by the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: Indirect Costs Indirect costs and administrative allowances are set by New York State or Federal awarding agencies by contractual rates. The County chose not to use the 10% de minimis indirect cost rate allowed by the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards includes $1,107,451 of vouchers paid directly to recipients by the New York State Department of Health for the Special Supplemental Nutrition Program for Women, Infants, and Children, Assistance Listing Number 10.557, and payments to vendors made directly by the New York State Department of Family Assistance of $9,674,419 for Low-Income Home Energy Assistance, Assistance Listing Number 93.568. No amounts for the aforementioned programs have been reflected in the accompanying financial statements, as these vouchers are redeemed directly by the pass-through grantors.