Notes to SEFA
Accounting Policies: 1. The accompanying schedule of expenditures of federal awards (Schedule) includes the federal
award activity of the Hospital Authority of Miller County (Authority) 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 the Authority, it is not intended to and does not present the financial
position, changes in net position, or cash flows of the Authority.
2. Expenditures reported on the Schedule are reported on the accrual basis of accounting which
is consistent with the preparation of the Authority’s financial statements. 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. The Provider
Relief Fund (PRF) amount reported on the Schedule represents the amount reported to the
U.S. Department of Health and Human Services HRSA Reporting Portal for Period 4
Period 3 as specified in the OMB Compliance Supplement. The Authority did not receive any Period 5 PRF payments.
3. The Authority did not have any non-cash awards during the fiscal year.
4. There were no awards passed through to subrecipients.
5. The Authority has elected to not use the 10% de minimis indirect cost rate under the
Uniform Guidance.
6. Federal expenditures under loan programs include any new loans made during the year and
loans outstanding at the beginning of the year for which there are continuing compliance
requirements. There were no new loans for the year ended June 30, 2023. The balance of
the loan outstanding as of June 30, 2023 is $5,884,419.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected to not use the 10% de minimis indirect cost rate under the
Uniform Guidance.