Notes to SEFA
Title: Outstanding Loan Balances
Accounting Policies: This schedule is prepared on the accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: Horizon Behavioral Health did elect to use the 10% de minimis indirect cost rate for fiscal year 2023.
At June 30, 2023, Horizon Behavioral Health had no outstanding loan balances requiring continuing disclosure.
Title: Provider Relief Funds
Accounting Policies: This schedule is prepared on the accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: Horizon Behavioral Health did elect to use the 10% de minimis indirect cost rate for fiscal year 2023.
The amount reported for Provider Relief Funds on this Schedule is based upon the March 2023 reporting to Health and Human Services that covers all amounts received by the Board through June 30, 2022.