Notes to SEFA
Title: Note 2
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The Organization did not elect to use the de-minimis 10% indirect cost rate.
Extensive compliance tests, as required by the Uniform Guidance, were performed on the Medical Assistance Program, which represents 76% of the total expenditures reflected on the Schedule of Expenditures of Federal Awards. The 20% test for a low risk auditee was satisfied as follows: Medical Assistance Program 93.778 $618,903; Social Services Block Grant 93.667 $110,968; Special Education-Grants for Infants and Families 84.181 $81,447. Total Federal Expenditures $811,318 X 20% = $162,264-Minimum Amount Which Must Be Tested. The medical Assistance Program exceeds #162,264 and, therefore, represents the program to which the specific compliance requirements must be applied.