Notes to SEFA
Title: Note 1 -- Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein
certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Highlands Community Services Board has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance.
The accompanying schedule of expenditures of federal awards includes the federal award activity of Highlands Community Services Board under programs of the federal government for the year
ended June 30, 2023. 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). Because the schedule presents only a selected portion of the operations of Highlands Community
Services Board, it is not intended to and does not present the financial position, changes in net position, or cash flows of Highlands Community Services Board.
Title: Note 4 -- Subrecipients
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein
certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Highlands Community Services Board has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance.
The Board did not have any subrecipients for the year ended June 30, 2023.
Title: Note 5 -- Provider Relief Fund (PRF)
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein
certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Highlands Community Services Board has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance.
Based on current guidance from the Department of Health and Human Services (HHS), PRF expenditures (including lost revenue) are to be reported on the SEFA based upon PRF reports submitted
through the Health Resources and Services Administration (HRSA) reporting portal. Therefore, the amount of PRF expenditures included on the FYE June 30, 2023 SEFA is based upon the PRF
reporting portal guidelines for Periods 2 and 3, as applicable, as specified by HHS.
Title: Note 6 -- Relationship to the Financial Statements
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein
certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Highlands Community Services Board has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance.
Intergovernmental state and federal revenues per the basic financial statements: