Notes to SEFA
The accompanying schedule of expenditures of federal awards (“Schedule”) includes the federal award activity of Plumas District Hospital, (the “District”). 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 District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the District.
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. Pass-through entity identifying numbers are presented where available.
District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
District does not have any sub-recipients of federal or state awards.
The District had an outstanding loan with the USDA as of June 30, 2025, with a balance of $28,667,280. The Schedule of Expenditures of Federal Awards reports USDA program expenditures incurred during the year ended June 30, 2025.