Title: PROVIDER RELIEF FUNDS
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Total federal expenditures of $396,255 included in the Schedule of Expenditures of Federal Awards under Assistance Listing 93.498 is based on Provider Relief Funds as reported during the reporting time period of January 1, 2023 thru March 31, 2023.
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Included within the Schedule of Expenditures of Federal Awards, DFD Russell Medical Centers has several outstanding federal loans issued by the U.S. Department of Agriculture under its Community Facilities Loans and Grants Cluster program, Assistance Listing 10.766. We have considered these outstanding loan balances in determining programs to be tested under the Uniform Guidance.
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Outstanding loans
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
(Federal loans made to DFD Russell Medical Centers from a federal agency)
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Community Facilities Loans and Grants Cluster – 10.766
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Note payable to USDA Rural Development with monthly payments of $1,260, including interest at 5.125% until May 2038. Collateral is land, building and fixtures, present and future contract rights and accounts receivable. $158,247
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Note payable to USDA Rural Development with monthly payments of $1,208, including interest at 5.00% until August 2042. Collateral is assignment of gross revenues to equal loan payments. $178,494
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Note payable to USDA Rural Development with monthly payments of $3,381, including interest at 5.00% until May 2042. Collateral is land, building and fixtures. $495,784
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Note payable to USDA Rural Development with monthly payments of $2,654, including interest at 4.50% until February 2046. Collateral is land, building and fixtures. $451,475
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Note payable to USDA Rural Development with monthly payments of $1,143, including interest at 2.375% until October 2056. Collateral is land, building and fixtures. $317,187
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Note payable to USDA Rural Development with monthly payments of $1,444, including interest at 2.375% until April 2050. Collateral is land, building and fixtures. $346,768
Title: FEDERAL LOANS OUTSTANDING
Accounting Policies: A. Reporting Entity - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of DFD Russell Medical Centers under programs of the federal government for the year ended March 31, 2023. The reporting entity is defined in the notes to the financial statements of DFD Russell Medical Centers. B. Basis of Presentation - The information in this Schedule is presented in accordance with the 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). 1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations. 2. Major Programs - The Uniform Guidance establishes the level of expenditures or expenses to be used in defining major federal award programs. Major programs for DFD Russell Medical Centers are identified in the summary of auditor’s results in the schedule of findings and questioned costs. C. Basis of Accounting - The information presented in the schedule of expenditures of federal awards is presented on the accrual basis of accounting, which is consistent with the reporting in DFD Russell Medical Centers’ financial statements.
De Minimis Rate Used: N
Rate Explanation: A. Indirect Cost Rate - DFD Russell Medical Centers has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Total due under assistance listing 10.766 $1,947,955