Title: BASIS OF PRESENTATION
Accounting Policies: Federal awards are accounted for modified cash basis of accounting, which is a basis of accounting other than account principles generally accepted in the United States of America. The Schedule reflects the modified cash basis of accounting in which revenues and expenditures are recognized when received or checks are issued.
De Minimis Rate Used: Y
Rate Explanation: The County elected to use the 10% de minimis indirect cost rate.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) summarizes the expenditures of Christian County, Illinois under programs of the federal government for the fiscal year ended November 30, 2024. 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, changes in fund balance, revenues and expenditures of the County.
For purposes of the Schedule, federal awards include all grants, contracts and similar agreements entered into directly between the County and agencies and departments of the federal government and all sub-awards to the County by nonfederal organizations pursuant to federal grants, contracts and similar agreements. The schedule presents expenditures by federal agency for the County’s major and nonmajor programs in accordance with the provisions of the U.S. Office of Management and Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Title: SUBRECIPIENTS
Accounting Policies: Federal awards are accounted for modified cash basis of accounting, which is a basis of accounting other than account principles generally accepted in the United States of America. The Schedule reflects the modified cash basis of accounting in which revenues and expenditures are recognized when received or checks are issued.
De Minimis Rate Used: Y
Rate Explanation: The County elected to use the 10% de minimis indirect cost rate.
The County did not pass through any federal funds to subrecipients during the year ended November 30, 2024.
Title: NONMONETARY DISTRIBUTIONS
Accounting Policies: Federal awards are accounted for modified cash basis of accounting, which is a basis of accounting other than account principles generally accepted in the United States of America. The Schedule reflects the modified cash basis of accounting in which revenues and expenditures are recognized when received or checks are issued.
De Minimis Rate Used: Y
Rate Explanation: The County elected to use the 10% de minimis indirect cost rate.
The County did not receive any nonmonetary distributions as it relates to federal programs for the year ended November 30, 2024.
Title: INSURANCE
Accounting Policies: Federal awards are accounted for modified cash basis of accounting, which is a basis of accounting other than account principles generally accepted in the United States of America. The Schedule reflects the modified cash basis of accounting in which revenues and expenditures are recognized when received or checks are issued.
De Minimis Rate Used: Y
Rate Explanation: The County elected to use the 10% de minimis indirect cost rate.
The County had no insurance as it relates to federal programs in effect for the year ended November 30, 2024.
Title: LOANS AND LOAN GURANTEES
Accounting Policies: Federal awards are accounted for modified cash basis of accounting, which is a basis of accounting other than account principles generally accepted in the United States of America. The Schedule reflects the modified cash basis of accounting in which revenues and expenditures are recognized when received or checks are issued.
De Minimis Rate Used: Y
Rate Explanation: The County elected to use the 10% de minimis indirect cost rate.
The County had no outstanding loans or loan guarantees from federal sources as of November 30, 2024.
Title: DONATED PERSONAL PROTECTIVE EQUIPMENT
Accounting Policies: Federal awards are accounted for modified cash basis of accounting, which is a basis of accounting other than account principles generally accepted in the United States of America. The Schedule reflects the modified cash basis of accounting in which revenues and expenditures are recognized when received or checks are issued.
De Minimis Rate Used: Y
Rate Explanation: The County elected to use the 10% de minimis indirect cost rate.
During the year ended November 30, 2024, the County did not receive any donated personal protective equipment through federal funding.
Title: LOW RISK AUDITEE
Accounting Policies: Federal awards are accounted for modified cash basis of accounting, which is a basis of accounting other than account principles generally accepted in the United States of America. The Schedule reflects the modified cash basis of accounting in which revenues and expenditures are recognized when received or checks are issued.
De Minimis Rate Used: Y
Rate Explanation: The County elected to use the 10% de minimis indirect cost rate.
The County did not qualify as a low-risk auditee under section .530.