Notes to SEFA
Title: HEALTH AND HUMAN SERVICES PROVIDER RELIEF FUNDS
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Northern Kentucky Mental Health - Mental Retardation Regional Board, Inc. and Subsidiaries 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 Northern Kentucky Mental Health - Mental Retardation Regional Board, Inc. and Subsidiaries, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Northern Kentucky Mental Health - Mental Retardation Regional Board, Inc. and Subsidiaries. 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The Northern Kentucky Mental Health - Mental Retardation Regional Board, Inc. and Subsidiaries has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on the Schedule of Expenditure of Federal Awards for the Department of Health and Human Services Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (93.498) are reported based on the reporting periods determined by the Department of Health and Human Services. Actual expenditures during the fiscal year are recognized in the Consolidated Statement of Activities based on the period of expenditure however funding is recognized on the Schedule of Expenditures of Federal Awards based on the individual rounds of funding and reporting requirements established by the Department.