Title: Basis Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Pee Dee Regional Council of Governments under programs of the federal government for the year ended June 30, 2023. The information on this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (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 Pee Dee Regional Council of Governments, it is not intended and does not present the financial position, changes in net assets, or cash flows of Pee Dee Regional Council of Governments.
De Minimis Rate Used: N
Rate Explanation: (2) Pee Dee Regional Council of Governments has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Pee Dee Regional Council of Governments under programs of the federal government for the year ended June 30, 2023. The information on this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (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 Pee Dee Regional Council of Governments, it is not intended and does not present the financial position, changes in net assets, or cash flows of Pee Dee Regional Council of Governments.
Title: Summary of Significant Accounting Policies
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Pee Dee Regional Council of Governments under programs of the federal government for the year ended June 30, 2023. The information on this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (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 Pee Dee Regional Council of Governments, it is not intended and does not present the financial position, changes in net assets, or cash flows of Pee Dee Regional Council of Governments.
De Minimis Rate Used: N
Rate Explanation: (2) Pee Dee Regional Council of Governments has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
(1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Summary of Significant Accounting Policies
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Pee Dee Regional Council of Governments under programs of the federal government for the year ended June 30, 2023. The information on this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (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 Pee Dee Regional Council of Governments, it is not intended and does not present the financial position, changes in net assets, or cash flows of Pee Dee Regional Council of Governments.
De Minimis Rate Used: N
Rate Explanation: (2) Pee Dee Regional Council of Governments has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
(2) Pee Dee Regional Council of Governments has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Grant Provisions
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Pee Dee Regional Council of Governments under programs of the federal government for the year ended June 30, 2023. The information on this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (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 Pee Dee Regional Council of Governments, it is not intended and does not present the financial position, changes in net assets, or cash flows of Pee Dee Regional Council of Governments.
De Minimis Rate Used: N
Rate Explanation: (2) Pee Dee Regional Council of Governments has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Grant provisions allow for reimbursement of depreciation on fixed assets acquired by General Fund monies; therefore, it is reflected in expenditures for grant reimbursement purposes. Depreciation allocated to federal awards is as follows: Department of Commerce $2,140, Department of Labor $11,634, Department of Treasury $964, Department of Transporation $1,050 Total $15,788.
Title: Sub-Recipient Awards
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Pee Dee Regional Council of Governments under programs of the federal government for the year ended June 30, 2023. The information on this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (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 Pee Dee Regional Council of Governments, it is not intended and does not present the financial position, changes in net assets, or cash flows of Pee Dee Regional Council of Governments.
De Minimis Rate Used: N
Rate Explanation: (2) Pee Dee Regional Council of Governments has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Of the federal expenditures presented in the schedule, the Council provided federal awards to sub-recipients as follows: Federal Amount
CFDA Grant Provided to
Program Number Number Sub-recipients
Workforce Innov. and Opportunity Act Youth Program 17.259 21Y007 $81,834
Workforce Innov. and Opportunity Act Dislocated Worker Program 17.278 21DW007 97,102
Workforce Innov. and Opportunity Act Adult Program 17.258 21A007 90,926
Workforce Innov. and Opportunity Act Adult/DW LWDA Resiliency Grant 17.278 21LRA07 168,878
Workforce Innov. and Opportunity Act Adult Program 17.258 22A007 328,894
Workforce Innov. and Opportunity Act Dislocated Worker Program 17.278 22DW007 447,492
Workforce Innov. and Opportunity Act Youth Program 17.259 22Y007 361,416
H-IB Non-Immigrant Petitioner 17.268 HG35880-21-60-A-45 520,061
Workforce Innov. and Opportunity Act Adult/DW Engage, Build and Serve Grant 17.258 22EBA07 23,528
Upper Savannah Council of Governments 17.277 DW36844-21-60-A-45 294,503
Workforce Innov. and Opportunity Act Rapid Response Additional Assistance 17.278 22RRA07 14,164
$2,428,798