Audit 351484

Title: Reporting Entity Accounting Policies: NOTE 1 – REPORTING ENTITY Rural Community Transportation, Inc., Inc. (the “Organization”) is a voluntary, not-for-profit organization incorporated under the laws of the State of Vermont and is engaged to provide coordinated Medicaid and other transportation services to Medicaid eligible residents in the Caledonia, Essex, Lamoille, and Orleans Countries as well as to the general public and to promote the planning and development of public transportation. The Organization was founded in November 1991 and is headquartered in Lyndonville, Vermont. NOTE 2 – SCOPE OF THE AUDIT PURSUANT TO THE UNIFORM GUIDANCE The Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all Federal award programs of Rural Community Transportation, Inc. All Federal awards are received directly from Federal agencies as well as Federal awards passed through other government agencies or other entities are included in the schedule. NOTE 3 – BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards has been prepared in the format as set forth in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. The Schedule is presented using 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. It includes all Federal awards to the Organization which had expenditure activity during the year ended June 30, 2024. Several programs are jointly funded by State of Vermont appropriations in addition to Federal Awards. The Schedule reflects only that part of the grant activity funded by Federal Awards. The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. NOTE 4 – CATALOG OF FEDERAL DOMESTIC ASSISTANCE (CFDA) NUMBERS The program titles and CFDA numbers were obtained from the Catalog of Federal Domestic Assistance. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. Rural Community Transportation, Inc., Inc. (the “Organization”) is a voluntary, not-for-profit organization incorporated under the laws of the State of Vermont and is engaged to provide coordinated Medicaid and other transportation services to Medicaid eligible residents in the Caledonia, Essex, Lamoille, and Orleans Countries as well as to the general public and to promote the planning and development of public transportation. The Organization was founded in November 1991 and is headquartered in Lyndonville, Vermont.

Title: SCOPE OF THE AUDIT PURSUANT TO THE UNIFORM GUIDANCE Accounting Policies: NOTE 1 – REPORTING ENTITY Rural Community Transportation, Inc., Inc. (the “Organization”) is a voluntary, not-for-profit organization incorporated under the laws of the State of Vermont and is engaged to provide coordinated Medicaid and other transportation services to Medicaid eligible residents in the Caledonia, Essex, Lamoille, and Orleans Countries as well as to the general public and to promote the planning and development of public transportation. The Organization was founded in November 1991 and is headquartered in Lyndonville, Vermont. NOTE 2 – SCOPE OF THE AUDIT PURSUANT TO THE UNIFORM GUIDANCE The Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all Federal award programs of Rural Community Transportation, Inc. All Federal awards are received directly from Federal agencies as well as Federal awards passed through other government agencies or other entities are included in the schedule. NOTE 3 – BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards has been prepared in the format as set forth in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. The Schedule is presented using 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. It includes all Federal awards to the Organization which had expenditure activity during the year ended June 30, 2024. Several programs are jointly funded by State of Vermont appropriations in addition to Federal Awards. The Schedule reflects only that part of the grant activity funded by Federal Awards. The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. NOTE 4 – CATALOG OF FEDERAL DOMESTIC ASSISTANCE (CFDA) NUMBERS The program titles and CFDA numbers were obtained from the Catalog of Federal Domestic Assistance. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all Federal award programs of Rural Community Transportation, Inc. All Federal awards are received directly from Federal agencies as well as Federal awards passed through other government agencies or other entities are included in the schedule.

Title: BASIS OF PRESENTATION Accounting Policies: NOTE 1 – REPORTING ENTITY Rural Community Transportation, Inc., Inc. (the “Organization”) is a voluntary, not-for-profit organization incorporated under the laws of the State of Vermont and is engaged to provide coordinated Medicaid and other transportation services to Medicaid eligible residents in the Caledonia, Essex, Lamoille, and Orleans Countries as well as to the general public and to promote the planning and development of public transportation. The Organization was founded in November 1991 and is headquartered in Lyndonville, Vermont. NOTE 2 – SCOPE OF THE AUDIT PURSUANT TO THE UNIFORM GUIDANCE The Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all Federal award programs of Rural Community Transportation, Inc. All Federal awards are received directly from Federal agencies as well as Federal awards passed through other government agencies or other entities are included in the schedule. NOTE 3 – BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards has been prepared in the format as set forth in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. The Schedule is presented using 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. It includes all Federal awards to the Organization which had expenditure activity during the year ended June 30, 2024. Several programs are jointly funded by State of Vermont appropriations in addition to Federal Awards. The Schedule reflects only that part of the grant activity funded by Federal Awards. The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. NOTE 4 – CATALOG OF FEDERAL DOMESTIC ASSISTANCE (CFDA) NUMBERS The program titles and CFDA numbers were obtained from the Catalog of Federal Domestic Assistance. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards has been prepared in the format as set forth in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.

Title: Catalog of Federal Domestic Assistance (CFDA) Numbers Accounting Policies: NOTE 1 – REPORTING ENTITY Rural Community Transportation, Inc., Inc. (the “Organization”) is a voluntary, not-for-profit organization incorporated under the laws of the State of Vermont and is engaged to provide coordinated Medicaid and other transportation services to Medicaid eligible residents in the Caledonia, Essex, Lamoille, and Orleans Countries as well as to the general public and to promote the planning and development of public transportation. The Organization was founded in November 1991 and is headquartered in Lyndonville, Vermont. NOTE 2 – SCOPE OF THE AUDIT PURSUANT TO THE UNIFORM GUIDANCE The Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all Federal award programs of Rural Community Transportation, Inc. All Federal awards are received directly from Federal agencies as well as Federal awards passed through other government agencies or other entities are included in the schedule. NOTE 3 – BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards has been prepared in the format as set forth in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. The Schedule is presented using 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. It includes all Federal awards to the Organization which had expenditure activity during the year ended June 30, 2024. Several programs are jointly funded by State of Vermont appropriations in addition to Federal Awards. The Schedule reflects only that part of the grant activity funded by Federal Awards. The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. NOTE 4 – CATALOG OF FEDERAL DOMESTIC ASSISTANCE (CFDA) NUMBERS The program titles and CFDA numbers were obtained from the Catalog of Federal Domestic Assistance. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The program titles and CFDA numbers were obtained from the Catalog of Federal Domestic Assistance.