Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the modified 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. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The County 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 ("Schedule") includes the federal award activity of the County under programs of the federal government for the year ended December 31, 2023. Federal awards received directly from the Federal agencies as well as Federal awards passed through other government agencies are included in the Schedule. The information in this Schedule is presented in accordance with the requirements of the 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, changes in net position or cash flows of the County.
Title: Westchester Community College
Accounting Policies: Expenditures reported on the Schedule are reported on the modified 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. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Prior Perkins Loans - Westchester Community College (“College”) is collecting outstanding loans on the Perkins program: Federal Outstanding
Assistance Principal
Listing Loans Balance at
Number Extended August 31, 2023
Perkins Loan Program - NDSL 84.038 None $ 178,939
The College no longer participates in this Perkins Loan program but is collecting outstanding balances on the loans. The loans, the proceeds of which were received and expended in prior years, are not considered federal awards expended since the federal statutes, regulations, and terms and conditions of federal awards pertaining to such loans impose no continuing compliance requirements other than to pay the loans.
Title: Fair Value of Noncash Awards
Accounting Policies: Expenditures reported on the Schedule are reported on the modified 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. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Included in the amount reported for Assistance Listing No. 10.557, Special Supplemental Nutrition Program for Women, Infants and Children (“WIC”), is $6,491,605 for the fair market value of the redeemed food instrument issuances. A food instrument is an electronic benefits transfer where the food benefits are automatically added onto a card, similar to a debit card. The cards are produced through the New York State WIC Statewide Information System and are issued to WIC participants and may be redeemed to obtain WIC approved foods/formula from authorized vendors.
Included in the amount reported for Assistance Listing No. 93.575, Child Care and Development Block Grant, is $18,580 for immunizations services.