Title: Note 1: Basis of Presentation
Accounting Policies: Note 2: Summary of Significant Accounting Policies
With the exception of expenditures related to the Provider Relief Fund (PRF), expenditures on the Schedule are reported on the accrual basis of accounting and are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The PRF is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reported on the Schedule for PRF are based on the PRF period of availability, terms and conditions of the PRF program, and amounts reported in the PRF portal for the reporting period 4, due March 31, 2023.
De Minimis Rate Used: Y
Rate Explanation: Note 3: Indirect Cost
Plumas District Hospital has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the federal and state grant activity of Plumas District Hospital. The information in this schedule is presented in accordance with 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 Plumas District Hospital, it is not intended to and does not present the financial position, changes in net position, or cash flows of Plumas District Hospital.
Title: Note 3: Indirect Cost Rate
Accounting Policies: Note 2: Summary of Significant Accounting Policies
With the exception of expenditures related to the Provider Relief Fund (PRF), expenditures on the Schedule are reported on the accrual basis of accounting and are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The PRF is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reported on the Schedule for PRF are based on the PRF period of availability, terms and conditions of the PRF program, and amounts reported in the PRF portal for the reporting period 4, due March 31, 2023.
De Minimis Rate Used: Y
Rate Explanation: Note 3: Indirect Cost
Plumas District Hospital has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Note 4: Subrecipients
Accounting Policies: Note 2: Summary of Significant Accounting Policies
With the exception of expenditures related to the Provider Relief Fund (PRF), expenditures on the Schedule are reported on the accrual basis of accounting and are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The PRF is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reported on the Schedule for PRF are based on the PRF period of availability, terms and conditions of the PRF program, and amounts reported in the PRF portal for the reporting period 4, due March 31, 2023.
De Minimis Rate Used: Y
Rate Explanation: Note 3: Indirect Cost
Plumas District Hospital has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
District does not have any sub-recipients of federal or state awards.
Title: Note 5: Balance of Outstanding Loan
Accounting Policies: Note 2: Summary of Significant Accounting Policies
With the exception of expenditures related to the Provider Relief Fund (PRF), expenditures on the Schedule are reported on the accrual basis of accounting and are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The PRF is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reported on the Schedule for PRF are based on the PRF period of availability, terms and conditions of the PRF program, and amounts reported in the PRF portal for the reporting period 4, due March 31, 2023.
De Minimis Rate Used: Y
Rate Explanation: Note 3: Indirect Cost
Plumas District Hospital has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Plumas District Hospital had an outstanding loan with the USDA as of June 30, 2024, with a balance of $11,580,337. The expenditures reported on the SEFA includes USDA ERH Grant and Municipal Equipment Leases costs contributed by USDA.