The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Scioto County (the County) under programs of the federal government for the year ended December 31, 2023. The information on this Schedule is prepared 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, changes in net position, or cash flows of the County.
Expenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance wherein certain types of expenditures may or may not be allowable or may be limited as to reimbursement.
The County has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The County passes certain federal awards received from the Ohio Department of Job and Family Services and the United States Department of the Treasury to other governments or not-for-profit agencies (subrecipients). As Note B describes, the County reports expenditures of Federal awards to subrecipients when paid in cash. As a pass-through entity, the County has certain compliance responsibilities, such as monitoring its subrecipients to help assure they use these subawards as authorized by laws, regulations, and the provisions of contracts or grant agreements, and that subrecipients achieve the award’s performance goals.
The County has an Economic Development Community Development Block Grant (CDBG) Program Income Account. The current cash balance of Scioto County’s local program income account as of December 31, 2023 is $69,144. In addition, the County has an Ohio Small Cities Community Development Block Grant (CDBG) Housing Program Income Account. The current cash balance of Scioto County’s local program income account as of December 31, 2023 is $6,759.
The County was previously awarded a grant and a loan through the Water and Waste Disposal Systems for Rural Communities program, A # 10.760. Both grant and loan proceeds were previously reported on the Schedule when expended. The project was completed in 2014, and all funds from both the grant and loan proceeds had been expended as of December 31, 2014. USDA loan proceeds extended over the life of the project totaled $1,388,000. The balance of USDA loans outstanding relating to the Eden Park Project totaled $1,189,100 as of December 31, 2021. On February 10, 2022, the County approved a resolution to enter into a cooperative agreement with the Ohio Water Development Authority for refinancing of a USDA Rural Development Loan with a principal balance of $331,000 and an existing rate of 4.5% for the construction of sanitary sewers in the Eden Park Area. The application was approved on April 28, 2022 with the new loan amount of $332,369 at a rate of 3.45% for 29.5 years starting on January 1, 2023. On June 16, 2022 payment of proceeds in the amount of $331,210 was made to USDA Rural Development. The balance of the remaining USDA loan outstanding related to the Eden Park Project totaled $827,600 as of December 31, 2023.
The County was previously awarded a grant and a loan through the ARRA-Water and Waste Disposal Systems for Rural Communities program, AL # 10.781. Both grant and loan proceeds have been reported on the Schedule when expended. The remaining grant and loan proceeds were drawn down in 2015 and the remaining proceeds were expended in 2017. USDA loan proceeds drawn down over the life of the project total $14,912,000. Repayment of the loan began in 2016, and the balance of USDA loans outstanding relating to the Minford Sewer Project totaled $12,855,470 as of December 31, 2023.
The County was awarded a grant and a loan through the Water and Waste Disposal Systems for Rural Communities program, AL # 10.760. Both grant and loan proceeds are reported on the Schedule when expended. USDA loan proceeds drawn down in 2021 totaled $670,364. An additional $2,219,651 was drawn down in 2022, leaving a total outstanding balance of $2,890,015 as of December 31, 2022. An additional $109,985 was drawn down in 2023 with a principal payment in the amount of $28,900 paid leaving a total outstanding balance of $2,971,100 as of December 31, 2023.
Certain Federal programs require the County to contribute non-Federal funds (matching funds) to support the Federally-funded programs. The County has met its matching requirements. The Schedule does not include the expenditure of non-Federal matching funds.