Audit 343255

Title: Subrecipients Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the Federal awards activity of Disc Village, Inc. and Affiliates under programs of the federal government for the year ended June 30, 2024 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). Because the Schedule presents only a selected portion of the operations of Disc Village, Inc. and Affiliates it is not intended to and does not present the financial position, changes in net assets, or cash flows of Disc Village, Inc. and Affiliates. 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 allowed or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: Disc Village, Inc. and Affiliates have elected to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance. For the year ended June 30, 2024, there were no amounts passed through to subrecipients.