Notes to SEFA
Accounting Policies: NOTE 1 - GENERALVarious departments and agencies of the Federal Government have provided financial assistance to Middlesex Health System, Inc. and Subsidiaries (the System) through grants and other authorizations in accordance with the federal laws and regulations. These financial assistance programs provide funding for several programs as listed on the Schedule of Expenditures of Federal Awards (the Schedule).The Schedule includes the federal grant activity of the System under programs of the federal government for the year ended September 30, 2022 including expenditures incurred during the years ended September 30, 2020 and September 30, 2021 relating to the COVID-19 Provider Relief Fund (Period 2 and Period 3) program as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The informationin this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Because the schedule presents only a selected portion of the operations of the System, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the System.Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.