The accompanying schedule of expenditures of federal awards (the schedule) presents the activity of all federal awards programs of Madison County, Illinois (the County). The County’s reporting entity is defined in Note 1 to the County’s financial statements. Federal awards received directly from the federal agencies as well as passed through other government agencies are included on the schedule.
The schedule includes the federal grant activity of the County under programs of the federal government for the year ended November 30, 2025. 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, changes in net assets, or cash flows of the County.
Federal financial assistance is reported in the County’s financial statements within program revenue grants of the government wide financial statements and within intergovernmental revenues of the general and special revenue fund types in the fund financial statements.
Nonmonetary assistance is reported in the schedule at the fair market value of the supplies received and disbursed. The County received and dispensed $218,900 worth of immunizations. The County also received $27,877 of equipment from the East-West Gateway Council of Governments.
None
There are no outstanding Community Service Block Grant (CSBG) Industrial Development Loans at November 30, 2025. As of November 30, 2025, the cash on hand in the CSBG Industrial Development Revolving Fund totaled $77,572. .
The County Board authorized the submission of a Community Development Block Grants Section 108 Loan Guarantee application in the amount of $3,500,000 in June of 2009. The County Board also authorized up to $3,500,000 of the proceeds of the Section 108 Loan Guarantee to be lent to WellSpring Resources, formerly Community Counseling Center of Northern Madison County, for the construction of their new mental health facility. The result was a note in the amount of $2,247,000 dated February 2, 2010 with Madison County being the lender and WellSpring Resources being the borrower. Principal on this loan is paid annually and interest is paid semi-annually at variable rates ranging from 2.4% to 3.2% through 2028. As of 11/30/2025 the outstanding balance on this loan was $583,000. The loan is not considered to have continuing compliance requirements, and therefore, is only reported in the SEFA in the year in which funds were expended and drawn.
Of the following expenditures presented in the Schedule, Madison County, Illinois provided federal awards to subrecipients as follows: