Title: Note C
Accounting Policies: NOTE ABASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of St. TammanyParish Government (the Parish) under programs of the federal government for the year ended December 31, 2022. Theinformation in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations part200, 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 Parish, it is not intended to and does not presentthe net position, changes in net position, or cash flows of the Parish.DESCRIPTION OF GRANTSThe majority of Federal Assistance received by the Parish is in the form of flow-through grants that pass through a state agencyprior to reaching the Parish. Among these are the Community Services Block Grant, Community Development Block Grant,Hazard Mitigation Grant, and the Weatherization Assistance for Low-Income Persons Grant. Other Federal Assistance isreceived directly by the Parish, such as the Federal Transit Formula Grant and the Supportive Housing Program.NOTE BSUMMARY OF SIGNIFICANT ACCOUNTING POLICIESThe accompanying Schedule of Expenditures of Federal Awards has been prepared on the modified accrual basis of accounting.Grant revenues are recorded, for financial reporting purposes, when the Parish has met the cost reimbursement or fundingrequirements for the respective grants. Expenditures are recognized following the cost principles contained in the UniformGuidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.St. Tammany Parish has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.ACCRUED REIMBURSEMENTVarious reimbursement procedures are used for Federal Awards received by the Parish. Consequently, timing differencesbetween expenditures and program reimbursements exist at the beginning and end of the year. Accrued revenue represents anexcess of expenditures over cash reimbursements received. Unearned revenue represents an excess of cash reimbursementsover expenditures.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
SUB-RECIPIENTSDuring 2022, the Parish made payments, to sub-recipients out of funds received under Community Development andCommunity Service Block Grants as follows (accrual basis):ALN GRANTS SUB-RECIPIENTS AMOUNT14.218 Community Development Block Grant Habitat for Humanity West $ 100,00014.218 Community Development Block Grant NAMI St. Tammany 88,27520.507 Federal Transit Formula Grants Council on Aging St. Tammany 418,53245.025 Promotion of the Arts Partnership Agreements St. Bernard Parish Library 5,74345.025 Promotion of the Arts Partnership Agreements Northshore Harp Association 5,00045.025 Promotion of the Arts Partnership Agreements STARC Art Program 5,74345.025 Promotion of the Arts Partnership Agreements Cultural Economy Coalition Film Industry 5,00045.025 Promotion of the Arts Partnership Agreements St. Bernard Government 5,00045.025 Promotion of the Arts Partnership Agreements Ozone Music Education Foundation 5,00045.025 Promotion of the Arts Partnership Agreements Slidell Little Theatre 5,00045.025 Promotion of the Arts Partnership Agreements St. Tammany Art Association 5,00093.569 Community Service Block Grant Boys and Girls Clubs of LA 8,55793.569 Community Service Block Grant Upward Community Services 4,78093.569 Community Service Block Grant Community Christian Concerns 12,471Total Payments to Sub-Recipients $674,101
Title: Note D
Accounting Policies: NOTE ABASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of St. TammanyParish Government (the Parish) under programs of the federal government for the year ended December 31, 2022. Theinformation in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations part200, 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 Parish, it is not intended to and does not presentthe net position, changes in net position, or cash flows of the Parish.DESCRIPTION OF GRANTSThe majority of Federal Assistance received by the Parish is in the form of flow-through grants that pass through a state agencyprior to reaching the Parish. Among these are the Community Services Block Grant, Community Development Block Grant,Hazard Mitigation Grant, and the Weatherization Assistance for Low-Income Persons Grant. Other Federal Assistance isreceived directly by the Parish, such as the Federal Transit Formula Grant and the Supportive Housing Program.NOTE BSUMMARY OF SIGNIFICANT ACCOUNTING POLICIESThe accompanying Schedule of Expenditures of Federal Awards has been prepared on the modified accrual basis of accounting.Grant revenues are recorded, for financial reporting purposes, when the Parish has met the cost reimbursement or fundingrequirements for the respective grants. Expenditures are recognized following the cost principles contained in the UniformGuidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.St. Tammany Parish has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.ACCRUED REIMBURSEMENTVarious reimbursement procedures are used for Federal Awards received by the Parish. Consequently, timing differencesbetween expenditures and program reimbursements exist at the beginning and end of the year. Accrued revenue represents anexcess of expenditures over cash reimbursements received. Unearned revenue represents an excess of cash reimbursementsover expenditures.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
LOANS OUTSTANDINGDuring 2022, the Parish paid $60,000 on the outstanding Capitalization Grants for Clean Water State Revolving Funds Loanunder ALN 66.458. As of December 31, 2022, $265,563 remains outstanding. The interest rate is .95% and final payment isdue June 1, 2030. This loan balance is not presented on the Schedule as the loan has no significant compliance requirementsother than repayment. During 2021, the Parish issued Gulf of Mexico Security Act (GOMESA) bonds under ALN 15.435 in the amount of$22,035,000. Principal payments were not due in 2022, and the full amount of the bonds is still outstanding. The interest rateis 3.875% and final payment is due November 1, 2045. The amount of the loan expended during 2022, $824,092, is presentedon the Schedule.