Notes to SEFA
The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of the County of Venango, Pennsylvania (County) under programs of the federal government for the year ended December 31, 2023. 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 the County, it is not intended to and does not present the financial position or changes in net position of the County. Component Unit The County’s financial statements include the operations of the Venango Country Economic Development Authority (Authority), which expended $2,056,574, in federal awards, which are not included in the accompanying Schedule for the year ended December 31, 2023. This Schedule does not include the expenditures of the Authority because they completed a separate audit in accordance with the Uniform Guidance.
In-kind values are reported in the Schedule at the fair value of the commodities received and disbursed.
The Schedule reporting for the year ending December 31, 2020 reported expenditures incorrectly for the following Pennsylvania Commission on Crime and Delinquency (PCCD) grants: 33342 and 28781. The grant expenditures for PCCD should have been reported as follows: See Table on Page 65 The Schedule reporting for the year ending December 31, 2021 reported expenditures incorrectly for the following PCCD grants: 33342, 28781, and 34469. The grant expenditures for PCCD should have been reported as follows: See Table on Page 65 The Schedule reporting for the year ending December 31, 2022 reported expenditures incorrectly for the following PCCD grants: 33342, 34469, 35991, and 37881. The grant expenditures for PCCD should have been reported as follows: See Table on Page 65
Subsequent to the initial issuance of the Single Audit reporting package, management determined that approximately $2.2 million of expenditures related to the Highway Planning and Construction program (ALN 20.205) that had previously been classified as state funding represented federal awards subject to the Uniform Guidance. As a result, the schedule of expenditures of federal awards was revised to include these expenditures, and the Highway Planning and Construction program was tested as a major program for the year ended December 31, 2023.