Notes to SEFA
Title: Reconciliation to DAODAS Schedule of Disbursements
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Lexington / Richland Alcohol and Drug Abuse Council, Inc. (LRADAC) under programs of the federal government for the year ended June 30, 2022 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 LRADAC, it is not intended and does not present the financial position, changes in net assets or cash flows of LRADAC. The financial information shown in the Schedule of Expenditures of Federal Awards reflects amounts recorded by LRADAC during its fiscal year July 1, 2021 through June 30, 2022. This information is presented on the full accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures may or may not be allowable or may be limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The following is a reconciliation of the Schedule of Expenditures of Federal Awards which reflects amounts recorded by LRADAC during its fiscal year to the Schedule of Disbursements of the South Carolina Department of Alcohol and Other Drug Abuse Services (DAODAS) at June 30, 2022: Total expenditures passed through DAODAS per Schedule of Expenditures of Federal Awards for the year ended June 30, 2022: $3,927,012; Deferred revenue at June 30, 2021 SOR Fentanyl $6,686; Deferred revenue at June 30, 2022 SAPT BG ($26,893);BG Tx extra funds received for the year ended June 30, 2022 ($27,872); NBCM extra funds received for the year ended June 30, 2022 ($12,676) $3,866,257.