Title: General
Accounting Policies: General: The accompanying SEFA includes all the federal awards of the Entity. Basis of Presentation: The accompanying SEFA includes the federal award activity of the Entity for the year ended June 30, 2022. The information in the SEFA is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administratiove Requirements, Code Principles, and Audit Requirements of Federal awards( Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the Entity, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Entity. Summary of Significant Accounting Policies: Expenditures reported on the SEFA are reported on and other comprehensive basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Indirect Cost Rate: The Entity has elected not to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. In-Kind Support: Expenses for donated services and other in-kind support are excluded from the Entity's financial statements in accordance with FASB ASC 958-605-50-1. Nonfinancial donations and contributions of professional services and other in-kind support are included in the accompanying Schedule in accordance with other applicable grant agreements, which are described in Note 1 -J to the Entity's financial statements.
De Minimis Rate Used: N
Rate Explanation: The Entity does not use an indirect cost rate. The pass-through entity, California Department of Aging and the local Area Agency of Aging does not provide for an indirect cost rate.
The accompanying Schedule of Expenditures of Federal Awards and Other Financial Assistance (the Schedule) presents the activity of all financial assistance programs of the Agency. All financial assistance received directly or indirectly from Federal, State, and Local agencies is included in the Schedule.
Title: Basis of Presentation
Accounting Policies: General: The accompanying SEFA includes all the federal awards of the Entity. Basis of Presentation: The accompanying SEFA includes the federal award activity of the Entity for the year ended June 30, 2022. The information in the SEFA is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administratiove Requirements, Code Principles, and Audit Requirements of Federal awards( Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the Entity, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Entity. Summary of Significant Accounting Policies: Expenditures reported on the SEFA are reported on and other comprehensive basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Indirect Cost Rate: The Entity has elected not to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. In-Kind Support: Expenses for donated services and other in-kind support are excluded from the Entity's financial statements in accordance with FASB ASC 958-605-50-1. Nonfinancial donations and contributions of professional services and other in-kind support are included in the accompanying Schedule in accordance with other applicable grant agreements, which are described in Note 1 -J to the Entity's financial statements.
De Minimis Rate Used: N
Rate Explanation: The Entity does not use an indirect cost rate. The pass-through entity, California Department of Aging and the local Area Agency of Aging does not provide for an indirect cost rate.
The accompanying Schedule includes the federal award activity of the Senior Nutrition Program of San Luis Obispo County ( Agency) under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of the 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 the Agency, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Agency. See Note 1-L for reconciliation to financial statements.
Title: Summary of Significant Accounting Policies
Accounting Policies: General: The accompanying SEFA includes all the federal awards of the Entity. Basis of Presentation: The accompanying SEFA includes the federal award activity of the Entity for the year ended June 30, 2022. The information in the SEFA is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administratiove Requirements, Code Principles, and Audit Requirements of Federal awards( Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the Entity, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Entity. Summary of Significant Accounting Policies: Expenditures reported on the SEFA are reported on and other comprehensive basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Indirect Cost Rate: The Entity has elected not to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. In-Kind Support: Expenses for donated services and other in-kind support are excluded from the Entity's financial statements in accordance with FASB ASC 958-605-50-1. Nonfinancial donations and contributions of professional services and other in-kind support are included in the accompanying Schedule in accordance with other applicable grant agreements, which are described in Note 1 -J to the Entity's financial statements.
De Minimis Rate Used: N
Rate Explanation: The Entity does not use an indirect cost rate. The pass-through entity, California Department of Aging and the local Area Agency of Aging does not provide for an indirect cost rate.
Expenditures reported on the Schedule are reported on and other comprehensive basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles containe in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Indirect Cost Rate
Accounting Policies: General: The accompanying SEFA includes all the federal awards of the Entity. Basis of Presentation: The accompanying SEFA includes the federal award activity of the Entity for the year ended June 30, 2022. The information in the SEFA is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administratiove Requirements, Code Principles, and Audit Requirements of Federal awards( Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the Entity, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Entity. Summary of Significant Accounting Policies: Expenditures reported on the SEFA are reported on and other comprehensive basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Indirect Cost Rate: The Entity has elected not to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. In-Kind Support: Expenses for donated services and other in-kind support are excluded from the Entity's financial statements in accordance with FASB ASC 958-605-50-1. Nonfinancial donations and contributions of professional services and other in-kind support are included in the accompanying Schedule in accordance with other applicable grant agreements, which are described in Note 1 -J to the Entity's financial statements.
De Minimis Rate Used: N
Rate Explanation: The Entity does not use an indirect cost rate. The pass-through entity, California Department of Aging and the local Area Agency of Aging does not provide for an indirect cost rate.
The Agency has elected not to use the 10-percent de minimus indirtect cost rate allowed under the Uniform Guidance.
Title: In-Kind Support
Accounting Policies: General: The accompanying SEFA includes all the federal awards of the Entity. Basis of Presentation: The accompanying SEFA includes the federal award activity of the Entity for the year ended June 30, 2022. The information in the SEFA is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administratiove Requirements, Code Principles, and Audit Requirements of Federal awards( Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the Entity, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Entity. Summary of Significant Accounting Policies: Expenditures reported on the SEFA are reported on and other comprehensive basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Indirect Cost Rate: The Entity has elected not to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. In-Kind Support: Expenses for donated services and other in-kind support are excluded from the Entity's financial statements in accordance with FASB ASC 958-605-50-1. Nonfinancial donations and contributions of professional services and other in-kind support are included in the accompanying Schedule in accordance with other applicable grant agreements, which are described in Note 1 -J to the Entity's financial statements.
De Minimis Rate Used: N
Rate Explanation: The Entity does not use an indirect cost rate. The pass-through entity, California Department of Aging and the local Area Agency of Aging does not provide for an indirect cost rate.
Expenses for donated services and other in-kind support are excluded from the Agency's financial statements in accordance with FASB ASC 958-605-50-1. Nonfinancial donations and contributions of professional services and other in-kind support are included in the accompanying Schedule in accordance with other applicable grant agreements, which are described in Note 1-J to the Agency's financial statements.