Audit 337618

Accounting Policies: NOTE 1 – BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal award activity of the Houston County, Georgia (the “County”) and is presented on the 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 (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements. NOTE 2 – INDIRECT COST RATES The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. NOTE 3 – NON‐CASH AWARDS The County did not receive non‐cash federal awards during the year ended June 30, 2024. NOTE 4. INSURANCE The County did not receive insurance as part of any award during the fiscal year. NOTE 5. LOANS AND LOAN GUARANTEES The County did not receive any loans or loan guarantees as part of any award during the fiscal year. NOTE 6. MEASUREMENT FOCUS The determination of when an award is expended is based on when the activity related to the award occurred. De Minimis Rate Used: N Rate Explanation: NOTE 2 – INDIRECT COST RATES The County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.