Title: Indirect Costs
Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of the System. under programs of the federal government for the year ended June 30, 2022. The information in the SEFA 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). For purposes of the SEFA, federal awards include all federal assistance entered into directly between the System and the federal government and subawards from nonprofit nonfederal organizations made under federally sponsored agreements. Because the SEFA presents only a selected portion of the operations of the System, it is not intended to and does not present the consolidated financial position, results of operations, changes in net assets, or cash flows of the System. The SEFA is reported on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The System has negotiated indirect cost rates. However, not all awards presented in the SEFA include indirect expenses. Allowable indirect costs for each award are determined by the related terms and conditions developed by the awarding agency for each program. The System has not elected to use the 10% de minimis indirect cost rate allowed under Uniform Guidance.
Title: Nature of Activities
Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of the System. under programs of the federal government for the year ended June 30, 2022. The information in the SEFA 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). For purposes of the SEFA, federal awards include all federal assistance entered into directly between the System and the federal government and subawards from nonprofit nonfederal organizations made under federally sponsored agreements. Because the SEFA presents only a selected portion of the operations of the System, it is not intended to and does not present the consolidated financial position, results of operations, changes in net assets, or cash flows of the System. The SEFA is reported on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The System receives various grants to cover costs of specified programs. Final determination of eligibility of costs will be made by the grantors. Should any costs be found ineligible, the System will be responsible for reimbursing the grantors for these amounts.
Title: Donated Goods (Unaudited)
Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of the System. under programs of the federal government for the year ended June 30, 2022. The information in the SEFA 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). For purposes of the SEFA, federal awards include all federal assistance entered into directly between the System and the federal government and subawards from nonprofit nonfederal organizations made under federally sponsored agreements. Because the SEFA presents only a selected portion of the operations of the System, it is not intended to and does not present the consolidated financial position, results of operations, changes in net assets, or cash flows of the System. The SEFA is reported on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
There were no donated goods received from federal sources that required recognition in the SEFA.
Title: Provider Relief Fund
Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of the System. under programs of the federal government for the year ended June 30, 2022. The information in the SEFA 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). For purposes of the SEFA, federal awards include all federal assistance entered into directly between the System and the federal government and subawards from nonprofit nonfederal organizations made under federally sponsored agreements. Because the SEFA presents only a selected portion of the operations of the System, it is not intended to and does not present the consolidated financial position, results of operations, changes in net assets, or cash flows of the System. The SEFA is reported on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Schedule includes grant activity related to the Department of Health and Human Services (HHS) Coronavirus Aid, Relief, and Economic Security (CARES) Act Assistance Listing Number 93.498. As required based on guidance in the 2022 OMB Compliance Supplement, the Schedule includes all Period 2 and Period 3 funds received between July 1, 2020 and June 30, 2021, and expended by June 30, 2021, as reported to the Health Resources and Services Administration (HRSA) via the Provider Relief Fund Reporting Portal.