Audit 363070

Title: AMERICAN RESCUE PLAN ACT OF 2021 Accounting Policies: Expenditures reported on the Schedule are reported on the cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. The cash basis recognizes revenue when received, and expenditures are recognized when the obligation is paid. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The County has elected to not use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. The County previously received Coronavirus State and Local Fiscal Recovery Funds from the American Rescue Plan Act of 2021 (ALN #21.027), totaling $15,319,967. During the 1st quarter of 2022, the County elected the option of assigning $10,000,000 of the total ARPA funds received for standard revenue replacement. The reported subcategory for the $10,000,000 in ARPA funds was 6.1: Provision of Government Services with the project identified as for Public Safety Infrastructure. The County obligated the full $10,000,000, but under the cash basis of accounting, has reported the following expenditures: Obligated Funds – 6.1: Provision of Government Services $ 10,000,000 Reported Expenditures: Year Ended December 31, 2024 (1,862,996) December 31, 2024 – Unexpended Obligations $ 8,137,004 The remaining $5,319,767 in ARPA funds was reported under subcategory 3.4: Public Sector Capacity: Effective Service Delivery with the project being identified as for emergency operations centers and acquisition of emergency response equipment. As of December 31, 2024, the County reported the following obligations and expenditures: Obligated Funds – 3.4: Public Sector Capacity $ 5,319,767 Reported Expenditures: Year Ended December 31, 2022 (498,460) Year Ended December 31, 2023 (1,929,963) Year Ended December 31, 2024 (2,891,344) December 31, 2024 – Unexpended Obligations $ -