Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the cash
basis of accounting. Such expenditures are recognized following the cost principles contained in
the Uniform Guidance wherein some types of expenditures are not allowable or are limited as to
reimbursement. Pass-through entity identifying numbers are presented where available. Kentucky
Hospital Association and Subsidiaries does not use the 10% de minimis indirect rate allowed in
the Uniform Guidance, Section 414. Kentucky Hospital Association and Subsidiaries has elected
to delay adopting the procurement requirements specified in the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Kentucky Hospital Association and Subsidiaries elected not to use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards includes the federal grant
activity of Kentucky Hospital Association and Subsidiaries and is presented on the cash basis
of accounting. The information in this schedule is presented in accordance with the requirements
of Title 2 U.S. Code of Federal Regulations ("CFR") Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Award ("Uniform Guidance").
Therefore, some amounts presented in this schedule may differ from amounts presented in, or used
in the preparation of, the basic consolidated financial statements.
Title: Subrecipients
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the cash
basis of accounting. Such expenditures are recognized following the cost principles contained in
the Uniform Guidance wherein some types of expenditures are not allowable or are limited as to
reimbursement. Pass-through entity identifying numbers are presented where available. Kentucky
Hospital Association and Subsidiaries does not use the 10% de minimis indirect rate allowed in
the Uniform Guidance, Section 414. Kentucky Hospital Association and Subsidiaries has elected
to delay adopting the procurement requirements specified in the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Kentucky Hospital Association and Subsidiaries elected not to use the de minimis cost rate.
Kentucky Hospital Association and Subsidiaries provided federal awards to subrecipients as follows: National Bioterrorism Hospital Preparedness Program (COVID) 93.889 $ 283,662 and Hospital Preparedness Program (HPP) and Public Health Emergency Preparedness (PHEP) 93.074 $14,960