Notes to SEFA
Title: Note C - Subrecipients
Accounting Policies: Note A - Basis of Presentation - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Southside Behavioral Health under programs of the federal government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the requirements of Uniform Guidance. Because the Schedule presents only a selected portion of the operations of Southside Behavioral Health, it is not intended to and does not present the financial position, changes in net position, or cash flows of Southside Behavioral Health. Note B - Summary of Significant Accounting Policies - (1) 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 to reimbursement. (2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Note D - De Minimis Cost Rate - The Board did not elect to use the 10-percent de minimis indirect cost rate under Uniform Guidance.
Note C - Subrecipients - No awards were passed through to subrecipients.
Title: Note D - De Minimis Cost Rate
Accounting Policies: Note A - Basis of Presentation - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Southside Behavioral Health under programs of the federal government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the requirements of Uniform Guidance. Because the Schedule presents only a selected portion of the operations of Southside Behavioral Health, it is not intended to and does not present the financial position, changes in net position, or cash flows of Southside Behavioral Health. Note B - Summary of Significant Accounting Policies - (1) 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 to reimbursement. (2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Note D - De Minimis Cost Rate - The Board did not elect to use the 10-percent de minimis indirect cost rate under Uniform Guidance.
Note D - De Minimis Cost Rate - The Board did not elect to use the 10-percent de minimis indirect cost rate under Uniform Guidance.
Title: Note E - Loan Balances
Accounting Policies: Note A - Basis of Presentation - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Southside Behavioral Health under programs of the federal government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the requirements of Uniform Guidance. Because the Schedule presents only a selected portion of the operations of Southside Behavioral Health, it is not intended to and does not present the financial position, changes in net position, or cash flows of Southside Behavioral Health. Note B - Summary of Significant Accounting Policies - (1) 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 to reimbursement. (2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Note D - De Minimis Cost Rate - The Board did not elect to use the 10-percent de minimis indirect cost rate under Uniform Guidance.
Note E - Loan Balances - The Board has no loan guarantees which are subject to reporting requirements for the current year.