Notes to SEFA
Title: Note 1: General
Accounting Policies: Note 2: Basis of Accounting
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 reimbursement. Provider Relief Funding (PRF) is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reported on the Schedule for PRF are based on the PRF period of availability, terms, and conditions of the PRF program.
De Minimis Rate Used: N
Rate Explanation: Note 3: Indirect Cost Rate
The Hospital has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (“Schedule”) includes the federal award activity of
Pinckneyville Community Hospital District (the “Hospital”). 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 (the “Uniform Guidance”). Because the
schedule presents only a selected portion of the operations of the Hospital, it is not intended to and does not
present the financial position, changes in net assets, or cash flows of the Hospital.
Title: Note 4: Sub-Recipients
Accounting Policies: Note 2: Basis of Accounting
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 reimbursement. Provider Relief Funding (PRF) is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reported on the Schedule for PRF are based on the PRF period of availability, terms, and conditions of the PRF program.
De Minimis Rate Used: N
Rate Explanation: Note 3: Indirect Cost Rate
The Hospital has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Hospital does not have any sub-recipients of federal awards.
Title: Note 5: Balance of Outstanding Loans
Accounting Policies: Note 2: Basis of Accounting
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 reimbursement. Provider Relief Funding (PRF) is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reported on the Schedule for PRF are based on the PRF period of availability, terms, and conditions of the PRF program.
De Minimis Rate Used: N
Rate Explanation: Note 3: Indirect Cost Rate
The Hospital has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Hospital has direct loans from the U.S. Department of Agriculture under the community facility loans and
grants program. Amounts reported in the schedule of expenditures of federal and state awards are the balances
at the beginnning of the year. Outstanding balance at April 30, 2023 were as follows: