Notes to SEFA
Title: Note 2 - Summary of Significant Accounting Policies
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal financial assistance programs of the County of Fulton, McConnellsburg, Pennsylvania (the County). The reporting entity is defined in Note 1 to the County's financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Expenditures reported on the Schedule of Expenditures of Federal Awards is reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Note 4 - Related Party Transactions
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal financial assistance programs of the County of Fulton, McConnellsburg, Pennsylvania (the County). The reporting entity is defined in Note 1 to the County's financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Human Services Director is the Vice President of the Board of the Fulton County Family Partnership, Inc. The Fulton County Family Partnership, Inc. received pass through funding from the County for the Medical Assistance Transportation Program in the amount of $476,985.
Title: Note 5 - Program Clusters
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal financial assistance programs of the County of Fulton, McConnellsburg, Pennsylvania (the County). The reporting entity is defined in Note 1 to the County's financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The following program clusters, as defined by the OMB Compliance Supplement, were treated as single programs for determining major programs:Food Distribution Cluster: CFDA # 10.568 Expenditures: $46,611 Food Distribution Cluster: CFDA # 10.569 Expenditures: $706,654 Total: $753,265