Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes the Federal grant activity of Charlevoix County, Michigan, under programs of the federal government for the year ended September 30, 2025. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements, which are reconciled in Note 4. Federal Awards of the Grandvue Medical Care Facility and Charlevoix County Road Commission are excluded from the accompanying Schedule of Expenditures of Federal Awards. These component units’ audit reports are issued under separate covers and were audited by other auditors. Single Audits, when applicable, are included in their reports. To view copies of those reports, contact the administrative offices of the component unit or the Charlevoix County Clerk’s office.
Expenditures reported on the Schedule of Expenditures of Federal Awards are reported on the modified 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 (if any) shown on the Schedule of Expenditures of Federal Awards represent adjustments or credits made in the normal course of business to amounts reported as expenses in prior years. Pass-through entity identifying numbers are presented where available. The County has not elected to use the 15-percent de minimis indirect cost rate allowed under Uniform Guidance for awards executed on or after October 1, 2024.
No federal awards were passed through by the County to any subrecipients during the year.