Title: Filing deadline
Accounting Policies: PURPOSE OF THE SCHEDULE
The Uniform Guidance requires a Schedule of Expenditures of Federal Awards showing total expenditures for each federal award program as identified in the catalog of Federal Domestic Assistance (CFDA).
SIGNIFICANT ACCOUNTING POLICIES
1. REPORTING ENTITY
The accompanying schedule includes all federal award programs of The County of Penobscot, Maine for the fiscal year ended December 31, 2022. The reporting entity is defined in the notes to the Financial Statements of The County of Penobscot, Maine.
2. BASIS OF PRESENTATION
The information in this schedule is presented in accordance with the requirements of the Uniform Guidance.
a. Federal financial assistance is defined as assistance provided by federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
b. The Uniform Guidance establishes the level of expenditures to be used in defining major federal financial award programs. Major programs for the Organization have been identified in the Schedule of Findings and Questioned Costs.
3. BASIS OF ACCOUNTING
The information presented in the Schedule of Expenditures of Federal Awards is presented on a basis consistent with the County’s basic financial statements. The grants included are all accounted for on a modified accrual basis of accounting which is described in the notes to the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% De Minimis Cost rate for the year ended December 31, 2022.
The Organization’s reporting package is being filed with the federal audit clearinghouse after the normal 9-month filing deadline due to business disruptions caused by the COVID-19 pandemic and resulting shutdowns and stay at home orders.
Title: Loan balances
Accounting Policies: PURPOSE OF THE SCHEDULE
The Uniform Guidance requires a Schedule of Expenditures of Federal Awards showing total expenditures for each federal award program as identified in the catalog of Federal Domestic Assistance (CFDA).
SIGNIFICANT ACCOUNTING POLICIES
1. REPORTING ENTITY
The accompanying schedule includes all federal award programs of The County of Penobscot, Maine for the fiscal year ended December 31, 2022. The reporting entity is defined in the notes to the Financial Statements of The County of Penobscot, Maine.
2. BASIS OF PRESENTATION
The information in this schedule is presented in accordance with the requirements of the Uniform Guidance.
a. Federal financial assistance is defined as assistance provided by federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
b. The Uniform Guidance establishes the level of expenditures to be used in defining major federal financial award programs. Major programs for the Organization have been identified in the Schedule of Findings and Questioned Costs.
3. BASIS OF ACCOUNTING
The information presented in the Schedule of Expenditures of Federal Awards is presented on a basis consistent with the County’s basic financial statements. The grants included are all accounted for on a modified accrual basis of accounting which is described in the notes to the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% De Minimis Cost rate for the year ended December 31, 2022.
There are no loan programs
Title: Pass-through awards
Accounting Policies: PURPOSE OF THE SCHEDULE
The Uniform Guidance requires a Schedule of Expenditures of Federal Awards showing total expenditures for each federal award program as identified in the catalog of Federal Domestic Assistance (CFDA).
SIGNIFICANT ACCOUNTING POLICIES
1. REPORTING ENTITY
The accompanying schedule includes all federal award programs of The County of Penobscot, Maine for the fiscal year ended December 31, 2022. The reporting entity is defined in the notes to the Financial Statements of The County of Penobscot, Maine.
2. BASIS OF PRESENTATION
The information in this schedule is presented in accordance with the requirements of the Uniform Guidance.
a. Federal financial assistance is defined as assistance provided by federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
b. The Uniform Guidance establishes the level of expenditures to be used in defining major federal financial award programs. Major programs for the Organization have been identified in the Schedule of Findings and Questioned Costs.
3. BASIS OF ACCOUNTING
The information presented in the Schedule of Expenditures of Federal Awards is presented on a basis consistent with the County’s basic financial statements. The grants included are all accounted for on a modified accrual basis of accounting which is described in the notes to the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% De Minimis Cost rate for the year ended December 31, 2022.
The County has passed the following awards through to subrecipients:
Program Subrecipient Amount
WIOA Adult Eastern Maine Development Corporation 332,951
WIOA Youth Eastern Maine Development Corporation 596,823
WIOA Dislocated Worker Eastern Maine Development Corporation 211,346
Career DWG Eastern Maine Development Corporation 49,177
NDWG – Opioid Eastern Maine Development Corporation 447,991
Subtotal 1,638,288
WIOA Adult Aroostook County Action Program 128,000
WIOA Youth Aroostook County Action Program 122,124
WIOA Dislocated Worker Aroostook County Action Program 72,817
NDWG-Opioid Aroostook County Action Program 115,368
Subtotal 438,309
Coronavirus State and Local Fiscal Recovery Funds
Various
1,989,825
Total Passed Through to Subrecipients 4,066,422