Notes to SEFA
Title: NOTE 1 - BASIS OF ACCOUNTING
Accounting Policies: The schedule is prepared on the same basis of accounting as the Lewis Mason Thurston Area Agency on Aging’s (LMTAAA) financial statements. The LMTAAA uses the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: LMTAAA has not elected to use the 10‐percent de minimis indirect cost rate allowed under Uniform Guidance. Each year LMTAAA prepares a written cost allocation plan and submits it to the Washington State Department of Social and Health Services. The cost allocation plan is used to allocate indirect costs. This allocation plan allows for indirect allocations based on relative value of expenditures of the programs being allocated to.
The schedule is prepared on the same basis of accounting as the Lewis Mason
Thurston Area Agency on Aging’s (LMTAAA) financial statements. The LMTAAA uses the cash basis of accounting.
Title: NOTE 2 – INDIRECT COST RATE
Accounting Policies: The schedule is prepared on the same basis of accounting as the Lewis Mason Thurston Area Agency on Aging’s (LMTAAA) financial statements. The LMTAAA uses the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: LMTAAA has not elected to use the 10‐percent de minimis indirect cost rate allowed under Uniform Guidance. Each year LMTAAA prepares a written cost allocation plan and submits it to the Washington State Department of Social and Health Services. The cost allocation plan is used to allocate indirect costs. This allocation plan allows for indirect allocations based on relative value of expenditures of the programs being allocated to.
LMTAAA has not elected to use the 10‐percent de minimis indirect cost rate allowed under Uniform Guidance. Each year LMTAAA prepares a written cost allocation plan and submits it to the Washington State Department of Social and Health Services. The cost allocation plan is used to allocate indirect costs. This allocation plan allows for indirect allocations based on relative value of expenditures of the programs being allocated to.
Title: NOTE 3 - PROGRAM COSTS
Accounting Policies: The schedule is prepared on the same basis of accounting as the Lewis Mason Thurston Area Agency on Aging’s (LMTAAA) financial statements. The LMTAAA uses the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: LMTAAA has not elected to use the 10‐percent de minimis indirect cost rate allowed under Uniform Guidance. Each year LMTAAA prepares a written cost allocation plan and submits it to the Washington State Department of Social and Health Services. The cost allocation plan is used to allocate indirect costs. This allocation plan allows for indirect allocations based on relative value of expenditures of the programs being allocated to.
The amounts shown as current year expenditures represent only the federal portion of the program costs. Entire program cost, including LMTAAA’s portion, may be more than shown. Such expenditures are recognized following the cost principals contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principals, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: NOTE 4 – NUTRITION SERVICES INCENTIVE PROGRAM
Accounting Policies: The schedule is prepared on the same basis of accounting as the Lewis Mason Thurston Area Agency on Aging’s (LMTAAA) financial statements. The LMTAAA uses the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: LMTAAA has not elected to use the 10‐percent de minimis indirect cost rate allowed under Uniform Guidance. Each year LMTAAA prepares a written cost allocation plan and submits it to the Washington State Department of Social and Health Services. The cost allocation plan is used to allocate indirect costs. This allocation plan allows for indirect allocations based on relative value of expenditures of the programs being allocated to.
Nutrition Services Incentive Program (NSIP) funds are awarded to the State of Washington, and subsequently to the LMTAAA, based upon the number of USDA-eligible meals provided during the previous federal fiscal year. NSIP funds are awarded to subcontractors each month for the proportion of USDA-eligible meals.
Title: NOTE 5 – TITLE XIX
Accounting Policies: The schedule is prepared on the same basis of accounting as the Lewis Mason Thurston Area Agency on Aging’s (LMTAAA) financial statements. The LMTAAA uses the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: LMTAAA has not elected to use the 10‐percent de minimis indirect cost rate allowed under Uniform Guidance. Each year LMTAAA prepares a written cost allocation plan and submits it to the Washington State Department of Social and Health Services. The cost allocation plan is used to allocate indirect costs. This allocation plan allows for indirect allocations based on relative value of expenditures of the programs being allocated to.
Specific awards are identified for expenditures incurred for Case Management & Nursing Services, Core Services Contract Management and DDD Nursing. Revenues are based on a unit rate for Case Management & Nursing Services and Core Services Contract Management.
Title: NOTE 6 – COMMINGLINED MEDICAL ASSISTANCE PROGRAM FUNDS
Accounting Policies: The schedule is prepared on the same basis of accounting as the Lewis Mason Thurston Area Agency on Aging’s (LMTAAA) financial statements. The LMTAAA uses the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: LMTAAA has not elected to use the 10‐percent de minimis indirect cost rate allowed under Uniform Guidance. Each year LMTAAA prepares a written cost allocation plan and submits it to the Washington State Department of Social and Health Services. The cost allocation plan is used to allocate indirect costs. This allocation plan allows for indirect allocations based on relative value of expenditures of the programs being allocated to.
The Medical Assistance Program expenditures are comingled with federal and state funds, where each portion cannot be identified. Due to this circumstance the Agency has reported all 2023 state and federal expenditures for the Medical Assistance Program on the Schedule of Expenditures of Federal Awards as prescribed by BARS 4.14.5.220.