Audit 5260

Title: REPORTING ENTITY Accounting Policies: The Schedule of Expenditures of Federal Awards is reported on the same accounting basis as the fund financial statements, which is described in Note 1 in the notes to financial statements. 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 (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Schedule of Expenditures of Federal awards includes the Federal grant activity of the Council under programs of the Federal government for the year ended June 30, 2023. Because the schedule presents only a selected portion of the operations of the Council, it is not intended to and does not present the financial position, changes in net position, fund balance, or changes in fund balance. 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 presents the activities of Federal award programs expended by St. Tammany Council on the Aging, Inc. (the Council). The Council's reporting entity is defined in Note 1 of the notes to financial statements.