Notes to SEFA
Title: NOTE 1 BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance for all awards with the exception of ALN 21.019 and ALN 21.027, which follows criteria determined by the Department of Treasury for allowability of costs. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement. For ALN 21.027 awards, funds expended in the Countys fiscal year 2022 are subject to the allowable cost requirements set forth in the American Rescue Plan Act, Treasurys Interim Final Rule, Treasurys Final Rule, and Frequently Asked Questions that were in effect at the time of those expenditures. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Amounts reported in the Schedule of Expenditures of Federal Awards are recognized on the modified accrual basis when they become a demand on current available federal resources and eligibility requirements are met, except in the following programs, which are reported in the Schedule of Expenditures of Federal Awards on the cash basis: Federal Incentives for Food Stamp Program10.551Supplemental Nutrition Program10.561WIC Special Supplemental Nutrition Program for Women, Infants, and Children10.557Guardianship Assistance93.090Promoting Safe and Stable Families Program93.556Temporary Assistance for Needy Families93.558Child Support Enforcement93.563Low-Income Home Energy Assistance93.568Child Care & Development Block Grant Cluster93.575, 93.596Child Welfare Services93.645Foster Care Title IV-E93.658Adoption Assistance93.659Social Services Block Grant93.667Chafee Foster Care Independence (IV-E)93.674Elder Abuse Prevention Interventions93.747Medicaid Cluster93.778
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Montrose County, Colorado (the County) under programs of the federal government for the year ended December 31, 2022. The information in this Schedule is presented in accordance with the requirements of 2 CFR 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 County, it is not intended to and does not present the financial position, changes in net position, or cash flows of the County.
Title: NOTE 4 OTHER INFORMATION
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance for all awards with the exception of ALN 21.019 and ALN 21.027, which follows criteria determined by the Department of Treasury for allowability of costs. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement. For ALN 21.027 awards, funds expended in the Countys fiscal year 2022 are subject to the allowable cost requirements set forth in the American Rescue Plan Act, Treasurys Interim Final Rule, Treasurys Final Rule, and Frequently Asked Questions that were in effect at the time of those expenditures. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Amounts reported in the Schedule of Expenditures of Federal Awards are recognized on the modified accrual basis when they become a demand on current available federal resources and eligibility requirements are met, except in the following programs, which are reported in the Schedule of Expenditures of Federal Awards on the cash basis: Federal Incentives for Food Stamp Program10.551Supplemental Nutrition Program10.561WIC Special Supplemental Nutrition Program for Women, Infants, and Children10.557Guardianship Assistance93.090Promoting Safe and Stable Families Program93.556Temporary Assistance for Needy Families93.558Child Support Enforcement93.563Low-Income Home Energy Assistance93.568Child Care & Development Block Grant Cluster93.575, 93.596Child Welfare Services93.645Foster Care Title IV-E93.658Adoption Assistance93.659Social Services Block Grant93.667Chafee Foster Care Independence (IV-E)93.674Elder Abuse Prevention Interventions93.747Medicaid Cluster93.778
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The County participates in the Food Assistance Benefits/EBT program under ALN 10.551. The County performs some administrative duties on behalf of the State. The State distributed $17,096,306 in benefits which are not reflected on the schedule of expenditures of federal awards for the County as the programs compliance requirements are the responsibility of the State.