Title: A
Accounting Policies: The County’s summary of significant accounting policies is presented in Note 1 in the County’s basic financial statements. Amounts reported in the Schedule are recognized on the modified accrual basis when they become a demand on current available federal resources and eligibility requirements are met, or on the accrual basis at the time liabilities are incurred and all eligibility requirements are met, depending on the basis of accounting used by the respective fund except for the following programs, which are reported in the schedule of expenditures of federal awards on the cash basis:
SNAP Cluster 10.551 & 10.561
Guardianship Assistance Recovery 93.090
Temporary Assistance for Needy Families Cluster 93.558
Child Support Enforcement 93.563
Medical Assistance 93.778
CCDF Cluster 93.575 & 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
Elder Abuse Prevention Interventions Program 93.747
When applicable, such expenditures are recognized following the cost principles contained in the
Uniform Guidance or other applicable regulatory guidance, wherein certain types of expenditures are
not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The County has elected to not use the 10% de minimus indirect cost rate on the major programs, as allowed under the Uniform Guidance
BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Kit Carson County, Colorado (the County) under programs of the federal government for the year ended December 31, 2023. The information 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 the County, it is not intended to and does not present the financial position or changes in net position or fund balance of the County.
Title: B
Accounting Policies: The County’s summary of significant accounting policies is presented in Note 1 in the County’s basic financial statements. Amounts reported in the Schedule are recognized on the modified accrual basis when they become a demand on current available federal resources and eligibility requirements are met, or on the accrual basis at the time liabilities are incurred and all eligibility requirements are met, depending on the basis of accounting used by the respective fund except for the following programs, which are reported in the schedule of expenditures of federal awards on the cash basis:
SNAP Cluster 10.551 & 10.561
Guardianship Assistance Recovery 93.090
Temporary Assistance for Needy Families Cluster 93.558
Child Support Enforcement 93.563
Medical Assistance 93.778
CCDF Cluster 93.575 & 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
Elder Abuse Prevention Interventions Program 93.747
When applicable, such expenditures are recognized following the cost principles contained in the
Uniform Guidance or other applicable regulatory guidance, wherein certain types of expenditures are
not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The County has elected to not use the 10% de minimus indirect cost rate on the major programs, as allowed under the Uniform Guidance
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The County’s summary of significant accounting policies is presented in Note 1 in the County’s basic financial statements. Amounts reported in the Schedule are recognized on the modified accrual basis when they become a demand on current available federal resources and eligibility requirements are met, or on the accrual basis at the time liabilities are incurred and all eligibility requirements are met, depending on the basis of accounting used by the respective fund except for the following programs, which are reported in the schedule of expenditures of federal awards on the cash basis:
SNAP Cluster 10.551 & 10.561
Guardianship Assistance Recovery 93.090
Temporary Assistance for Needy Families Cluster 93.558
Child Support Enforcement 93.563
Medical Assistance 93.778
CCDF Cluster 93.575 & 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
Elder Abuse Prevention Interventions Program 93.747
When applicable, such expenditures are recognized following the cost principles contained in the
Uniform Guidance or other applicable regulatory guidance, wherein certain types of expenditures are
not allowable or are limited as to reimbursement.
Title: C
Accounting Policies: The County’s summary of significant accounting policies is presented in Note 1 in the County’s basic financial statements. Amounts reported in the Schedule are recognized on the modified accrual basis when they become a demand on current available federal resources and eligibility requirements are met, or on the accrual basis at the time liabilities are incurred and all eligibility requirements are met, depending on the basis of accounting used by the respective fund except for the following programs, which are reported in the schedule of expenditures of federal awards on the cash basis:
SNAP Cluster 10.551 & 10.561
Guardianship Assistance Recovery 93.090
Temporary Assistance for Needy Families Cluster 93.558
Child Support Enforcement 93.563
Medical Assistance 93.778
CCDF Cluster 93.575 & 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
Elder Abuse Prevention Interventions Program 93.747
When applicable, such expenditures are recognized following the cost principles contained in the
Uniform Guidance or other applicable regulatory guidance, wherein certain types of expenditures are
not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The County has elected to not use the 10% de minimus indirect cost rate on the major programs, as allowed under the Uniform Guidance
INDIRECT COSTS RATE The County has elected to not use the 10% de minimus indirect cost rate on the major programs, as allowed under the Uniform Guidance.
Title: D
Accounting Policies: The County’s summary of significant accounting policies is presented in Note 1 in the County’s basic financial statements. Amounts reported in the Schedule are recognized on the modified accrual basis when they become a demand on current available federal resources and eligibility requirements are met, or on the accrual basis at the time liabilities are incurred and all eligibility requirements are met, depending on the basis of accounting used by the respective fund except for the following programs, which are reported in the schedule of expenditures of federal awards on the cash basis:
SNAP Cluster 10.551 & 10.561
Guardianship Assistance Recovery 93.090
Temporary Assistance for Needy Families Cluster 93.558
Child Support Enforcement 93.563
Medical Assistance 93.778
CCDF Cluster 93.575 & 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
Elder Abuse Prevention Interventions Program 93.747
When applicable, such expenditures are recognized following the cost principles contained in the
Uniform Guidance or other applicable regulatory guidance, wherein certain types of expenditures are
not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The County has elected to not use the 10% de minimus indirect cost rate on the major programs, as allowed under the Uniform Guidance
– HUMAN SERVICE PROGRAMS