Notes to SEFA
Title: Department of Health and Human Services (HHS) Coronavirus Aid Relief and Economic Securities (CARES) Act
Accounting Policies: Expenditures for direct costs are recognized as incurred using the accrual method of accounting and the cost accounting principles contained in Section 2 of the Code of Federal Regulations, Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, as applicable. Under these cost principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Based on arrangements negotiated with HHS, the Company was awarded a predetermined fixed indirect cost rate of 20.1% for the period July 1, 2022 through June 30, 2023 for on-site programs.
The Schedule includes grant activity related to the Department of Health and Human Services (HHS) Coronavirus Aid Relief and Economic Security (CARES) Act Assistance Listing Number (ALN) 93.498. As required based on guidance in the OMB Compliance Supplement, the Schedule includes all Period 4 and 5 funds received between July 1, 2021 and June 30, 2022 and expended by June 30, 2023 as reported to the Health Resources and Services Administration (HRSA) Agency via the Provider Relief Fund Reporting Portal. The Schedule includes $36,041,045 of direct expenditures and lost revenue and covers the following TIN: MaineGeneral Medical Center - 04-3369653.
Title: Department of Homeland Security (DHS) Federal Emergency Management Agency – COVID 19
Accounting Policies: Expenditures for direct costs are recognized as incurred using the accrual method of accounting and the cost accounting principles contained in Section 2 of the Code of Federal Regulations, Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, as applicable. Under these cost principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Based on arrangements negotiated with HHS, the Company was awarded a predetermined fixed indirect cost rate of 20.1% for the period July 1, 2022 through June 30, 2023 for on-site programs.
The Schedule includes expenditures totaling $19,389,161 being reported under the DHS Federal Emergency Management Agency (FEMA) Assistance Listing Number 97.036, Department of Homeland Security Disaster Grants – Public Assistance (Presidentially Declared Disasters). Of these expenditures, $15,225,855 were incurred by the Company during the year ended June 30, 2022. The Company's Project Worksheet covering these expenditures was approved by FEMA during the year ended June 30, 2023 and, in accordance with the 2023 OMB Compliance Supplement, these expenditures are therefore reported on the Schedule during the year ended June 30, 2023.