Audit 46831

Accounting Policies: CECIL COUNTY PUBLIC SCHOOLSNOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDSYear ended June 30, 2022 NOTE ABASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Cecil County Public Schools 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 Cecil County Public Schools (the School System), it is not intended to and does not present the financial position, changes in net position, or cash flows of the School System.NOTE B SCOPE OF SINGLE AUDIT PURSUANT TO UNIFORM GUIDANCEAll federal financial assistance programs operated by the Cecil County Public Schools are included in the scope of the Uniform Guidance audit. The Maryland State Department of Education has been designated as the cognizant audit agency for the Uniform Guidance audit.NOTE C SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(1) 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.(2) The School System has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.NOTE D FISCAL PERIOD AUDITSingle Audit testing procedures were performed for program transactions occurring during the fiscal year ended June 30, 2022 for the following programs:Name of federal program or clusterFederal assistance listing number(s) Federal expendituresChild Nutrition Cluster 10.553; 10.555; 10.556; 10.559; 10.582 $11,820,005COVID-19 Coronavirus State and 21.027 $1,560,077 Local Fiscal Recovery Funds COVID-19 Education Stabilization Fund 84.425 $15,777,670NOTE E MEDICAL ASSISTANCE BUDGET The Medical Assistance Budget is considered to be charges for services and is not considered a grant; therefore, these grants are not included in the Schedule of Expenditures of Federal Awards. During fiscal year 2022, Cecil County Public Schools received $1,550,197 in Medical Assistance monies.Total Federal Grant Expenditures per financial statements $ 41,454,717Medical Assistance Program (1,550,197)Total Schedule of Expenditures of Federal Awards $ 39,904,520 De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.