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. Pass-through entity identifying numbers are presented where available. The underlying accounting records for some grant programs are maintained on the modified accrual basis of accounting. Under the modified accrual basis, revenues are recorded when susceptible to accrual, i.e., both measurable and available. Available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Expenditures are recorded when the liability is incurred.
De Minimis Rate Used: N
Rate Explanation: Stevens County has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Stevens County (the County) under programs of the federal government for the year ended December 31, 2022. 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Stevens County, it is not intended to and does not present the financial position, changes in net position or cash flows of Stevens County.
Title: Reconciliation to Schedule of Intergovernmental Revenue
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. Pass-through entity identifying numbers are presented where available. The underlying accounting records for some grant programs are maintained on the modified accrual basis of accounting. Under the modified accrual basis, revenues are recorded when susceptible to accrual, i.e., both measurable and available. Available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Expenditures are recorded when the liability is incurred.
De Minimis Rate Used: N
Rate Explanation: Stevens County has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Federal grant revenue per Schedule of Intergovernmental Revenue $3,065,497 Grants received more than 60 days after year-end, unavailable revenue in 2022: Highway Planning and Construction 56,925 Promoting Safe and Stable Families Program 584 Stephanie Tubbs Jones Child Welfare Services Program 1,041 John H. Chafee Foster Care Program for Successful Transition to Adulthood 148 Disaster Grants - Public Assistance (Presidentially Declared Disasters) 44,528 Emergency Management Performance Grants 20,950 Unavailable in 2021; recognized as revenue in 2022: Special Programs for the Aging, Title III, Part B, Grants for Supportive Services and Senior Centers (2,458) Promoting Safe and Stable Families Program (469) Temporary Assistance for Needy Families (16,347) Community-Based Child Abuse Prevention Grants (604) Stephanie Tubbs Jones Child Welfare Services Program (427) Child Abuse and Neglect State Grants (940) COVID-19 - Child Abuse and Neglect State Grants (529) John H. Chafee Foster Care Program for Successful Transition to Adulthood (2,541) Children's Health Insurance Program (262) Emergency Management Performance Grants (30,354) Expenditures per Schedule of Expenditures of Federal Awards $3,134,742