Title: CONTINGENCIES
Accounting Policies: NOTE 1 Basis of AccountingThe accompanying schedule of expenditures of federal awards includes the federal grant activity of Jefferson County, Illinois and is presented on the accrual basis of accounting. NOTE 2 Basis of PresentationThe accompanying schedule presents expenditures paid for each federal awards program in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and 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). Federal programs in titles are reported as presented in Assistance Listing Number (ALN), whenever possible. Jefferson County, Illinois, a non-federal entity, elected to use the 10% de minimus cost rate as covered in ?200.414 Indirect (F&A) costs.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The County has received funding from state and federal grants in the current and prior years which are subject to audits by the granting agencies. The board of commissioners believes any adjustments that may arise from those audits will be insignificant to county operations.
Title: SUBSEQUENT EVENTS
Accounting Policies: NOTE 1 Basis of AccountingThe accompanying schedule of expenditures of federal awards includes the federal grant activity of Jefferson County, Illinois and is presented on the accrual basis of accounting. NOTE 2 Basis of PresentationThe accompanying schedule presents expenditures paid for each federal awards program in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and 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). Federal programs in titles are reported as presented in Assistance Listing Number (ALN), whenever possible. Jefferson County, Illinois, a non-federal entity, elected to use the 10% de minimus cost rate as covered in ?200.414 Indirect (F&A) costs.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The County has evaluated subsequent events through May 16, 2023, the date which the financial statements were available to be issued.
Title: SUB-RECIPIENTS
Accounting Policies: NOTE 1 Basis of AccountingThe accompanying schedule of expenditures of federal awards includes the federal grant activity of Jefferson County, Illinois and is presented on the accrual basis of accounting. NOTE 2 Basis of PresentationThe accompanying schedule presents expenditures paid for each federal awards program in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and 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). Federal programs in titles are reported as presented in Assistance Listing Number (ALN), whenever possible. Jefferson County, Illinois, a non-federal entity, elected to use the 10% de minimus cost rate as covered in ?200.414 Indirect (F&A) costs.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Of the federal expenditures presented in the schedule, Jefferson County, Illinois provided federal awards to sub-recipients through the Public Safety Policing Grant in the amount of $173,804.
Title: NON-CASH ASSISTANCE
Accounting Policies: NOTE 1 Basis of AccountingThe accompanying schedule of expenditures of federal awards includes the federal grant activity of Jefferson County, Illinois and is presented on the accrual basis of accounting. NOTE 2 Basis of PresentationThe accompanying schedule presents expenditures paid for each federal awards program in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and 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). Federal programs in titles are reported as presented in Assistance Listing Number (ALN), whenever possible. Jefferson County, Illinois, a non-federal entity, elected to use the 10% de minimus cost rate as covered in ?200.414 Indirect (F&A) costs.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Jefferson County, Illinois expended an undisclosed amount in the form of non-cash assistance for WIC approved commodities.
Title: LOANS OUTSTANDING
Accounting Policies: NOTE 1 Basis of AccountingThe accompanying schedule of expenditures of federal awards includes the federal grant activity of Jefferson County, Illinois and is presented on the accrual basis of accounting. NOTE 2 Basis of PresentationThe accompanying schedule presents expenditures paid for each federal awards program in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and 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). Federal programs in titles are reported as presented in Assistance Listing Number (ALN), whenever possible. Jefferson County, Illinois, a non-federal entity, elected to use the 10% de minimus cost rate as covered in ?200.414 Indirect (F&A) costs.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Jefferson County, Illinois had no loans outstanding as of November 30, 2022 associated with federal grant awards.
Title: INSURANCE COVERAGE
Accounting Policies: NOTE 1 Basis of AccountingThe accompanying schedule of expenditures of federal awards includes the federal grant activity of Jefferson County, Illinois and is presented on the accrual basis of accounting. NOTE 2 Basis of PresentationThe accompanying schedule presents expenditures paid for each federal awards program in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and 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). Federal programs in titles are reported as presented in Assistance Listing Number (ALN), whenever possible. Jefferson County, Illinois, a non-federal entity, elected to use the 10% de minimus cost rate as covered in ?200.414 Indirect (F&A) costs.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Significant losses are covered by commercial insurance for all major programs: property, liability, and workers compensation. During the year ended November 30, 2022, there were no significant reductions in coverage. Also, there have been no settlement amounts, which have exceeded insurance coverage in the past three years.
Title: NON-MONETARY ASSISTANCE
Accounting Policies: NOTE 1 Basis of AccountingThe accompanying schedule of expenditures of federal awards includes the federal grant activity of Jefferson County, Illinois and is presented on the accrual basis of accounting. NOTE 2 Basis of PresentationThe accompanying schedule presents expenditures paid for each federal awards program in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and 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). Federal programs in titles are reported as presented in Assistance Listing Number (ALN), whenever possible. Jefferson County, Illinois, a non-federal entity, elected to use the 10% de minimus cost rate as covered in ?200.414 Indirect (F&A) costs.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Non-monetary assistance, if applicable, is reported in the schedule at the fair market value as confirmed by the granting agencies.