Notes to SEFA
Accounting Policies: This note is included to meet the requirements of 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) requirement that the schedule of expenditures of federal awards (the Schedule) include notes that describe the significant accounting policies used in preparing the Schedule. The accompanying Schedule includes the federal award activity of the District 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 the Uniform Guidance. The District has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the District. The combined financial statements reflect revenue recognized from the Provider Relief Fund and American Result Plan Rural Distribution of $2,183,748 and $5,548,472 for the years ended June 30, 2022 and 2021, respectively. The Schedule includes the Provider Relief Funds and American Result Plan Rural Distributions of $418,801 that were received in Periods 2 and 3 in accordance with the requirements of the compliance supplement for assistance listing number 93.498.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.