Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The accompany schedule of expenditures of federal awards (the Schedule") includes the federal grant activity of St. Clair County Intergovernmental Grants Department under programs of federal government for the year ended December 31, 2022. 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 St. Clair County Intergovernmental Grants Department, it is not intended to and does not present the financial position, changes in net position or cash flows of St. Clair County Intergovernmental Grants Department.
Title: OUTSTANDING OANS
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
This schedule also includes the outstanding loan balances for the Community Development Block Grant (CDBG) of $5,141 and Home Investment Partnership Program (HOME) of $118,785.
Title: PROGRAM OPERATION AGREEMENT
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
St. Clair County Intergovernmental Grants Department has a Program Operation Agreement with the St. Clair Community Action Agency, that gives St. Clair County Intergovernmental Grants Department all authority for the operation of all CAA programs. Programs included in this agreement are: Weatherization, Barrier Reduction Pilot, Low-Income Home Energy Assistance, and Community Services Block Grant programs. Funds expended on behalf of the St. Clair Community Action Agency included in this Schedule are $8,521,725 for the year ended December 31, 2022.