Audit 335813

FY End
2024-06-30
Total Expended
$26.65M
Findings
0
Programs
12
Year: 2024 Accepted: 2025-01-04

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
XUYBVLBM4UV8 Connie Shockley Auditee
4232466180 Susan Chapman Auditor
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Notes to SEFA

Title: Delegate Agencies Accounting Policies: The schedule of expenditures of federal awards includes the federal grant activity of UETHDA and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. At June 30, 2024, UETHDA had no outstanding Federal loan balances requiring continuing disclosure. De Minimis Rate Used: N Rate Explanation: UETHDA did not elect to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. UETHDA accumulates administrative costs in an indirect cost pool and allocates these costs to programs based on each program’s total direct expenditures. Administrative costs are those costs incurred for the common benefit of all UETHDA programs that cannot be readily identified with a final cost objective. This plan has been approved by the Department of Health and Human Services. The approved provisional rate for the year ended June 30, 2024, was 6.70%. UETHDA delegates a por􀁃on of their federal Head Start program to two local school districts. Expenditures reported by the delegates for the year ended June 30, 2024, are as follows: Delegate Agency Federal Head Start Carter County Head Start $ 1,299,497 Johnson County Board of Education 703,069 $ 2,002,566
Title: In-Kind Accounting Policies: The schedule of expenditures of federal awards includes the federal grant activity of UETHDA and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. At June 30, 2024, UETHDA had no outstanding Federal loan balances requiring continuing disclosure. De Minimis Rate Used: N Rate Explanation: UETHDA did not elect to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. UETHDA accumulates administrative costs in an indirect cost pool and allocates these costs to programs based on each program’s total direct expenditures. Administrative costs are those costs incurred for the common benefit of all UETHDA programs that cannot be readily identified with a final cost objective. This plan has been approved by the Department of Health and Human Services. The approved provisional rate for the year ended June 30, 2024, was 6.70%. The Head Start program, funded by the Department of Health and Human Services, requires that the program receive a nonfederal share equal to 25% of total federal expenditures. The nonfederal in-kind contribu􀁃ons were received by UETHDA and delegate agencies as follows: Delegates/UETHDA 04CH010996/05 04CH010996/06 Total Carter County Head Start $ 98,250 $ 192,331 $ 290,581 Johnson County Board of Education 34,028 150,790 184,818 132,278 343,121 475,399 UETHDA 1,188,971 1,178,928 2,367,899 Total Head Start in-kind $ 1,321,249 $ 1,522,049 $ 2,843,298