Orange County NC Website
Browse       Search
revisions to OMB Circular A-133 and NC General Statute 143-6.1, where applicable. Home and <br />Community Care Block Grant providers are not required to submit Activities and <br />Accomplishments Reports. For-profit corporations are not subject to the requirements of OMB <br />Circular A-133, but are subject to Yellow Book audit requirements. Federal funds may not be <br />used to pay for a Single or Yellow Book audit unless it a federal requirement. State funds will <br />not be used to pay for a Single or Yellow Book audit if the provider receives less than $300,000 <br />in state funds. The Department of Health and Human Services will provide confirmation of <br />federal and state expenditures at the close of the state fiscal year. Information on audit and fiscal <br />reporting requirements can be found at <br />http://www.ncauditor.net/webproject/default asp nonprofit. Particular attention should be given <br />to: <br />• Audit Advisory # 2: Rewrite of G.S. 143-6.1 <br />• Memorandum NGO- l : "Grantee Receipt and Expenditure Reports" <br />• Memorandum NGO-2: "Grantee Audit Reports" <br />• Memorandum NGO-3: "Questions and Answers" <br />The following provides a summary of reporting requirements under NCGS 143-6.1 and OMB <br />Circular A-133 based upon funding received and expended during the service provider's fiscal <br />year. <br />Annual Expenditures <br />• Less than $15,000 <br />Annual Expenditures <br />• $15,000 - $299,999 <br />Report Reauired <br />None, records can be <br />monitored <br />Report Reauired <br />Grantee Receipts Report <br />& Certification and Sworn <br />Statement <br />Allowable Cost for Reporting <br />N/A <br />Allowable Cost for Reporting <br />May use State funds but not Federal <br />• $300,00+ in State funds, Audited Financial State- May use State funds but not Federal <br />includes Federal pass ment in compliance with <br />through funds where ex- GAO/GAS (i.e. Yellow <br />penditures are less than Book) <br />$500,000. <br />• $300,000+ in State funds, Audited Financial State- May use State and Federal funds <br />includes Federal pass ment in compliance with <br />through funds where ex- OMB Circular A-133 <br />penditures exceed $500,000 <br />24. AudidAssessment Resolutions and Disallowed Costs. It is further understood that the Agency is <br />responsible to The Area Agency for clarifying any audit exceptions that may arise from any <br />assessment, Agency single or financial audit, or audits conducted by the State or Federal <br />Governments. In the event the Area Agency or the North Carolina Department of Health and <br />Human Services disallows any expenditures of grant funds made by the Agency for any reason, <br />the Agency shall promptly reimburse such funds to the Area Agency. The Area Agency may also <br />5 <br />