Title: BASIS OF PRESENTATION
Accounting Policies: The schedule of expenditures of federal awards is presented in conformity with accounting principles generally accepted in the United States of America and the amounts presented are derived from the County’s general ledger. For programs with funding ceilings and caps, federal expenditures are only recorded and presented in the schedule of expenditures of federal awards up to such amounts.
De Minimis Rate Used: Y
Rate Explanation: The County has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the County of Steuben, New York (the County) under programs of the federal government for the year ended December 31, 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 the County, it is not intended to and does not present the financial position, the respective changes in financial position, or, where applicable, cash flows of the governmental activities, the business-type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of the County.
Title: BASIS OF ACCOUNTING
Accounting Policies: The schedule of expenditures of federal awards is presented in conformity with accounting principles generally accepted in the United States of America and the amounts presented are derived from the County’s general ledger. For programs with funding ceilings and caps, federal expenditures are only recorded and presented in the schedule of expenditures of federal awards up to such amounts.
De Minimis Rate Used: Y
Rate Explanation: The County has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance
The schedule of expenditures of federal awards is presented in conformity with accounting principles generally accepted in the United States of America and the amounts presented are derived from the County’s general ledger. For programs with funding ceilings and caps, federal expenditures are only recorded and presented in the schedule of expenditures of federal awards up to such amounts.
Title: PASS-THROUGH PROGRAMS
Accounting Policies: The schedule of expenditures of federal awards is presented in conformity with accounting principles generally accepted in the United States of America and the amounts presented are derived from the County’s general ledger. For programs with funding ceilings and caps, federal expenditures are only recorded and presented in the schedule of expenditures of federal awards up to such amounts.
De Minimis Rate Used: Y
Rate Explanation: The County has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance
Where the County receives pass-through funds from a government entity other than the federal government, the funds are accumulated based upon the Assistance Listing (AL) number advised by the pass-through grantor.
Identifying numbers (other than the AL numbers) may be assigned by pass-through grantors and are not maintained in the County’s financial management system. The County has included pass-through identifying numbers in the schedule of expenditures of federal awards as available.
Title: NONMONETARY FEDERAL PROGRAMS
Accounting Policies: The schedule of expenditures of federal awards is presented in conformity with accounting principles generally accepted in the United States of America and the amounts presented are derived from the County’s general ledger. For programs with funding ceilings and caps, federal expenditures are only recorded and presented in the schedule of expenditures of federal awards up to such amounts.
De Minimis Rate Used: Y
Rate Explanation: The County has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance
The County is the recipient of federal financial programs that do not result in cash receipts or disbursements to the County, termed "nonmonetary programs".
New York State pays benefits directly to vendors, primarily utility companies, on behalf of eligible persons participating in the Low-Income Home Energy Assistance Program (AL Number 93.568). Included in the amount presented on the schedule of expenditures of federal awards is $5,944,330 in direct payments to vendors.
Title: INDIRECT COSTS
Accounting Policies: The schedule of expenditures of federal awards is presented in conformity with accounting principles generally accepted in the United States of America and the amounts presented are derived from the County’s general ledger. For programs with funding ceilings and caps, federal expenditures are only recorded and presented in the schedule of expenditures of federal awards up to such amounts.
De Minimis Rate Used: Y
Rate Explanation: The County has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance
Indirect costs are included in the reported expenditures to the extent such costs are included in the federal financial reports used as the source for the data presented.
The County has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: MATCHING COSTS
Accounting Policies: The schedule of expenditures of federal awards is presented in conformity with accounting principles generally accepted in the United States of America and the amounts presented are derived from the County’s general ledger. For programs with funding ceilings and caps, federal expenditures are only recorded and presented in the schedule of expenditures of federal awards up to such amounts.
De Minimis Rate Used: Y
Rate Explanation: The County has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance
Matching costs (i.e., the County's share of certain program costs) are not included in the schedule of expenditures of federal awards.