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 toreimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior year.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards (the Schedule) includes thefederal grant activity of Child and Adolescent Behavioral Health, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.The financial statements reflect revenue recognized from the Provider Relief Fund (PRF) of $65,638 and $302,353 for the years ended June 30, 2022 and 2021, respectively. Included in the revenue recognized during the year ended June 30, 2022, is $65,638 received during PRF Period 4. The Schedule includes PRF of $302,353 that were received in PRF Periods 2 and 3 in accordance with the requirements of the compliance supplement for assistance listing number 93.498.