Notes to SEFA
Title: Non-Cash Assistance
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Northern Area Local Workforce Development Board (NALWDB), under programs of the federal government for the year ended June 30, 2022. 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 NALWDB, it is not intended to and does not present the financial position or changes in financial position of the NALWDB.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Northern Area Local Workforce Development Board did not receive any noncash assistance.
Title: Payments To Subrecipients
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Northern Area Local Workforce Development Board (NALWDB), under programs of the federal government for the year ended June 30, 2022. 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 NALWDB, it is not intended to and does not present the financial position or changes in financial position of the NALWDB.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Federal ALSubrecipient IdentifyingOrganization NumberGrant No.Amount HELP NM - Formula Funds17.258Adult-DW 2020-007 $ 2,104,603 17.259Youth-2020-008 1,497,765 17.278Adult-DW 2020-007 1,338,418 Total$ 4,940,786