Audit 45894

Accounting Policies: ENOTE 1 - BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance (the Schedule) includes the federal and state grant activity for Central Florida Cares Health System, Inc. (CFCHS) under programs of the federal government and the State of Florida 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), and Chapter 10.650, Rules of the State of Florida Auditor General. Because the Schedule presents only a selected portion of the operations of CFCHS, it is not intended to and does not present the financial position, changes in net assets, or cash flows of CFCHS. Pass-through entity identifying numbers are presented, where available. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule are 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. CFCHSs indirect cost rate is dictated by its contract terms with the State of Florida Department of Children and Families (DCF). The 10 percent de minimis indirect cost rate, as allowed under the Uniform Guidance, is not in effect, nor is it available under its GHME1 contract with DCF. NOTE 3 - OTHER FINANCIAL ASSISTANCE RECEIVED CFCHS received funding from DCF that was not subject to Section 215.97, Florida Statutes, as follows: A. Matching Funds for Federal Programs: Agency Current Year Transfer to Subrecipients State Department of Children and Families State Matching Funds-93.958 Block Grantsfor Community Mental Health Services State Department of Agency for Health Care GHME1 $27,593,350 $27,593,350Administration State Matching Funds-93.778 Medical Assistance Program GHME1 $3,989,621 $3,989,261U.S. Department of Health and Human Services Corona Virus Relief Fund 21.109 GHME1 $2,000,125 $1,900,104 Federal Matching Funds-93.959 Block Grants for Prevention and Treatment of Substance Abuse GHME1 $14,839,950 $14,834,913 Total Matching Funds for Federal Programs $48,423,046 $48,317,988 De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.