Audit 344859

FY End
2024-06-30
Total Expended
$20.64M
Findings
0
Programs
16
Organization: Colonial Intermediate Unit 20 (PA)
Year: 2024 Accepted: 2025-03-05

Organization Exclusion Status:

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Contacts

Name Title Type
ESF5R165XBS9 Jon Wallitsch Auditee
6105156412 Jeffrey Weiss Auditor
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Notes to SEFA

Title: NONMONETARY FEDERAL AWARDS – DONATED COMMODITIES Accounting Policies: The federal programs as listed in the schedule of expenditures of federal awards are accounted for by the Intermediate Unit in the governmental funds and proprietary funds. The Intermediate Unit uses the modified accrual method of recording transactions except a noted for the accounting of donated commodities in Note C. Revenues are recorded when measurable and available. Expenditures are recorded when incurred. De Minimis Rate Used: N Rate Explanation: The Intermediate Unit has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The Commonwealth of Pennsylvania distributes federal surplus food to institutions (schools, hospitals, and prisons) and to the needy. Expenditures reported in the schedule of expenditures of federal awards under Assistance Listing Number 10.555 represent surplus food consumed by the Intermediate Unit during the 2022-2023 fiscal year. The Intermediate Unit has no food commodities in inventory as of June 30, 2023.
Title: ACCESS PROGRAM Accounting Policies: The federal programs as listed in the schedule of expenditures of federal awards are accounted for by the Intermediate Unit in the governmental funds and proprietary funds. The Intermediate Unit uses the modified accrual method of recording transactions except a noted for the accounting of donated commodities in Note C. Revenues are recorded when measurable and available. Expenditures are recorded when incurred. De Minimis Rate Used: N Rate Explanation: The Intermediate Unit has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The ACCESS Program is a medical assistance program that reimburses local educational agencies for direct eligible health-related services provided to enrolled special needs students. Reimbursements are federal source revenues but are classified as fee-for-service and are not considered federal financial assistance. The amount of ACCESS funding recognized for the year ended June 30, 2023 was $332,504
Title: RISK-BASED AUDIT APPROACH Accounting Policies: The federal programs as listed in the schedule of expenditures of federal awards are accounted for by the Intermediate Unit in the governmental funds and proprietary funds. The Intermediate Unit uses the modified accrual method of recording transactions except a noted for the accounting of donated commodities in Note C. Revenues are recorded when measurable and available. Expenditures are recorded when incurred. De Minimis Rate Used: N Rate Explanation: The Intermediate Unit has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The 2023 threshold for determining Type A programs is $750,000. Two Type A programs were audited as major. The amount expended under programs audited as major federal programs for the year ended June 30, 2023, totaled $19,981,698 or 94.88% of total federal awards.