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: Y
Rate Explanation: Touchstone Behavioral Health d/b/a Touchstone Health Services has elected to use the ten percent de minimis cost rate allowed under the Uniform Guidance.
award activity of Touchstone Behavioral Health d/b/a Touchstone Health Services under programs of the federal government for the year ended September 30, 2024. 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 Touchstone Behavioral Health d/b/a Touchstone Health Services, it is not intended to and does not present the financial position, changes in net assets or cash flows of Touchstone Behavioral Health d/b/a Touchstone Health Services. Touchstone Behavioral Health d/b/a Touchstone Health Services did not provide federal awards to sub-recipients during the year ended September 30, 2024.