FAC Explorer

Audit 35693

FY End
2022-12-31
Total Expended
$3.04M
Findings
0
Programs
7
Organization: Southern Indiana Development Commission (IN)
Year: 2022 Accepted: 2023-06-26
Auditor: Crowe LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
20.509 Formula Grants for Rural Areas and Tribal Transit Program $467,431 Yes 0
12.610 Community Economic Adjustment Assistance for Compatible Use and Joint Land Use Studies $221,755 - 0
11.307 Economic Adjustment Assistance $128,962 - 0
10.443 Outreach and Assistance for Socially Disadvantaged and Veteran Farmers and Ranchers $109,396 - 0
66.818 Brownfields Assessment and Cleanup Cooperative Agreements $69,114 - 0
11.302 Economic Development_support for Planning Organizations $52,500 - 0
20.526 Buses and Bus Facilities Formula, Competitive, and Low Or No Emissions Programs $25,546 - 0

Contacts

Name Title Type
WM3NCW77AJE8 Janice Taylor Auditee
8122953707 Scott Nickerson Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Southern Indiana Development Commission (the Commission) 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 the Commission, it is not intended to and does not present the receipts, disbursements, and cash and investment balances regulatory basis of the Commission. Expenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. When federal grants are received on a reimbursement basis, the federal awards are considered expensed when the reimbursement is received. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.