Audit 32528

Title: Period of Availability Accounting Policies: The schedule of expenditures of federal awards (the Schedule) was prepared on the modified accrual basis of accounting. Amounts reported as expenditures in the accompanying Schedule may not agree with the amounts reported in the related federal financial reports filed with the grantor agencies because of accruals, which would be included in the next report filed with the agency.Federal grant funds are considered to be earned to the extent of expenditures made under the provisions of the grant, and accordingly, when such funds are received, they are recorded as unavailable revenues until earned. The accompanying Schedule is presented on the modified accrual basis of accounting.The County participates in numerous federal grant programs, which are governed by various rules and regulations of the grantor agencies. Costs charged to the respective grant programs are subject to audit and adjustments by the grantor agencies; therefore, to the extent that the County has not complied with rules and regulations governing the grants, refund of any money received may be required and the collectability of any related receivable at year-end maybe impaired.The Schedule includes certain program expenditures that relate to prior years. These expenditures have been deemed immaterial to the Schedule, which are reported in relation to the financial statements taken as a whole. The program affected is as follows: Foster Care Title IV-E ALN# 93.658 $512,702 De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The period of availability for federal funds for the purpose of liquidation of outstanding obligations made on or before the ending date of the federal project period extends 30 to 90 days beyond the federal project period ending date, in accordance with provisions in the OMB Compliance Supplement.