Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance whereincertain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The County has elected to not use the 10 percent de minimis indirect cost rate as allowed under theUniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federalaward activity of the County of Orange, Virginia and component unit, Orange County School Boardunder programs of the federal government for the year ended June 30, 2022. The information in thisSchedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal RegulationsPart 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for FederalAwards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations ofthe County, it is not intended to and does not present the financial position, changes in net position, orcash flows of the County.Federal Financial Assistance The Single Audit Act Amendments of 1996 (Public Law 104-156) andUniform Guidance define federal financial assistance as grants, loans, loan guarantees, property(including donated surplus property), cooperative agreements, interest subsidies, insurance, foodcommodities, direct appropriations or other assistance. Nonmonetary deferral assistance including foodcommodities is considered federal assistance and, therefore, is reported on the Schedule. Federalfinancial assistance does not include direct federal cash assistance to individuals.Direct Payments Assistance received directly from the Federal government is classified as directpayments on the Schedule.Pass-through Payments Assistance received in a pass-through relationship from entities other than theFederal government is classified as pass-through payments on the Schedule.Major Programs The Single Audit Act Amendments of 1996 and Uniform Guidance establish thecriteria to be used in defining major programs. Major programs for the County of Orange, Virginia andits component units were determined using a risk-based approach in accordance with Uniform Guidance.Federal Assistance Listing Number The Assistance Listing is a government-wide compendium ofindividual federal programs. Each program included in the catalog is assigned a five-digit programidentification number (Federal Assistance Listing Number which is reflected in the Schedule.Cluster of Programs Closely related programs that share common compliance requirements are groupedinto clusters of programs. A cluster of programs is considered as one federal program for determiningmajor programs. The following are the clusters administered by the County of Orange, Virginia and itscomponent units: SNAP, Child Nutrition, Head Start, Special Education, Child Care and DevelopmentFund, and Medicaid.
Title: Non-Cash Assistance
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance whereincertain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The County has elected to not use the 10 percent de minimis indirect cost rate as allowed under theUniform Guidance.
In addition to amounts reported on the Schedule, the County of Orange, Virginia consumed non-cashassistance in the form of food commodities. Commodities with a fair value of $189,377 at the timereceived were consumed during the year ended June 30, 2022. These commodities were included in thedetermination of federal awards expended during the year ended June 30, 2022.