Notes to SEFA
Title: Basis of Presentation
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. The underlying accounting records for some grant programs are maintained on the modified accrual basis of accounting. Under the modified accrual basis, revenues are recorded when susceptible to accrual, i.e., both measurable and available. Available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Expenditures are recorded when the liability is incurred.
De Minimis Rate Used: N
Rate Explanation: The Carlton, Cook, Lake, and St. Louis County Community Health Board has not elected to use the 10% de minimis indirect cost rate.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Carlton, Cook, Lake, and St. Louis County Community Health Board under programs of the federal government for the year ended December 31, 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 the Carlton, Cook, Lake, and St. Louis County Community Health Board, it is not intended to and does not present the financial position or changes in net position of the Carlton, Cook, Lake, and St. Louis County Community Health Board.
Title: Reconciliation to Schedule of Intergovernmental Revenue
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. The underlying accounting records for some grant programs are maintained on the modified accrual basis of accounting. Under the modified accrual basis, revenues are recorded when susceptible to accrual, i.e., both measurable and available. Available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Expenditures are recorded when the liability is incurred.
De Minimis Rate Used: N
Rate Explanation: The Carlton, Cook, Lake, and St. Louis County Community Health Board has not elected to use the 10% de minimis indirect cost rate.
Federal grant revenue per Schedule of Intergovernmental Revenue $4,060,812 Grants received more than 90 days after year-end, unavailable revenue in 2023: Maternal, Infant, and Early Childhood Homevisiting Grant Program 2,464 Block Grants for Prevention and Treatment of Substance Abuse 3,062 Maternal and Child Health Services Block Grants to the States 616 Unavailable in 2022; recognized as revenue in 2023: Block Grants for Prevention and Treatment of Substance Abuse (2,973) Expenditures per schedule of expenditures of federal awards $4,063,981