Notes to SEFA
Title: Basis of Presentation
Accounting Policies: 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 allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of Neshoba County General Hospital and Neshoba County Nursing Home under programs of the federal government for the year ended September 30, 2022. The Schedule also includes Provider Relief Funds received during the period of July 1, 2020 through June 30, 2021 with a deadline for use of June 30, 2022 in accordance with HRSA guidelines. The information in this schedule is presented 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. Because the Schedule presents only a selected portion of the operations of Neshoba County General Hospital and Neshoba County Nursing Home, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Neshoba County General Hospital and Neshoba County Nursing Home.
Title: Other Information
Accounting Policies: 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 allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Expenditures reported on the Schedule as COVID-19 Provider Relief Funds are based upon the Provider Relief Fund reporting portal submission two (2) which covers Provider Relief Fund payments received by Neshoba County General Hospital and Neshoba County Nursing Home from July 1, 2020 December 31, 2020. The facility did not receive funds that required them to report during the Provider Relief Fund reporting period three (3) which covered Provider Relief Fund payments received from January 1, 2021, through June 30, 2021.