Audit 48399

Title: Basis of Presentation Accounting Policies: Expenditures reported on the schedules are reported on the accrual basis of accounting, which is described in Note 1 of PASCs basic financial statements. Federal 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. Any negative amounts shown on the schedule represent adjustments or credits made in the normal course of operations to amounts reported as expenditures in prior years. Passthrough entity identifying numbers are presented where available. Expenses reported include any property or equipment acquisitions incurred under the federal and state programs. There were no payments made to subrecipients for the year ended June 30, 2022. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. PASC has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedules of expenditures of federal, state, and county awards presents only the expenditures incurred (and related awards received) by Personal Assistance Services Council (PASC) that are reimbursable under programs of federal and state agencies providing financial assistance. The federal award information in this schedule is presented in accordance with the audit 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 these schedules present only a selected portion of the operations of Personal Assistance Services Council, it is not intended to and does not present the financial position, changes in net position, or cash flows of Personal Assistance Services Council. For purposes of these schedules, financial assistance includes both federal financial assistance received directly from a federal agency, as well as federal funds received indirectly by PASC from nonfederal entities. Only the portion of program expenditures reimbursable with such federal and selected state funds is reported in the accompanying schedules. Program expenditures in excess of the maximum federal reimbursement authorized and the portion of program expenditures that were funded with other state or other nonfederal funds are excluded from the accompanying schedules.