Notes to SEFA
Title: Basis of Accounting
Accounting Policies: The accompanying schedule of expenditures of federal and state awards(the" Schedule") includes the federal and state grant activity of Milwaukee Health Services, Inc. under programs of the federal and state governments for the year ended January 31, 2024. The information in the schedule is presented in accordance with requiremnets of the Title 2 U.S. Code of Federal Awards ( Uniform Guidance) and the state single Audit Guidelines(SSAG), issued by the state of Wisconsin Department of Administration. Because the Schedule presents only a selected portion of the operation of Milwaukee Health Services, Inc, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Milwaukee Helath Services, Inc.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10- percent de minimis cost rate allowed under the uniform Guidance.
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 to reimbursement. Pass through entity identifying numbers are presented where available.
Title: Sub-recipients
Accounting Policies: The accompanying schedule of expenditures of federal and state awards(the" Schedule") includes the federal and state grant activity of Milwaukee Health Services, Inc. under programs of the federal and state governments for the year ended January 31, 2024. The information in the schedule is presented in accordance with requiremnets of the Title 2 U.S. Code of Federal Awards ( Uniform Guidance) and the state single Audit Guidelines(SSAG), issued by the state of Wisconsin Department of Administration. Because the Schedule presents only a selected portion of the operation of Milwaukee Health Services, Inc, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Milwaukee Helath Services, Inc.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10- percent de minimis cost rate allowed under the uniform Guidance.
The Organization does not have sub-recipients of federal or state awards.