Orange County NC Website
Browse       Search
DAAS-735_COVID19 <br />(revised 5/1/2020) <br />5 <br /> <br /> <br /> <br /> <br />Community service providers, as specified in paragraph one (1), who are not units of local <br />government or otherwise subject to the audit and other reporting requirements of the Local <br />Government Commission are subject to audit and fiscal reporting requirements, as stated in NC <br />General Statute 143C-6-22 and 23 and OMB Uniform Guidance CFR 2 Part 200, where <br />applicable. Applicable community service providers must send a copy of their year-end <br />financial statements, and any required audit, to the Area Agency on Aging. Providers are not <br />required to submit Activities and Accomplishments Reports. For-profit corporations are not <br />subject to the requirements of OMB Uniform Guidance 2 CFR Part 200 but are subject to NC <br />General Statute 143C-6-22 and 23 and Yellow Book audit requirements, where applicable. <br />Federal funds may not be used to pay for a Single or Yellow Book audit unless it is a federal <br />requirement. State funds will not be used to pay for a Single or Yellow Book audit if the <br />provider receives less than $500,000 in state funds. The Department of Health and Human <br />Services will provide confirmation of federal and state expenditures at the close of the state <br />fiscal year. Information on audit and fiscal reporting requirements can be found at <br />https://www.osbm.nc.gov/management/grants. <br /> <br />The following provides a summary of reporting requirements under NCGS 143C-6-22 and 23 <br />and OMB Uniform Guidance 2 CFR Part 200 based upon funding received and expended <br />during the service provider’s fiscal year. <br /> <br />Annual Expenditures Report Required to AAA Allowable Cost for Reporting <br /> Less than $25,000 in Certification form and State N/A <br />State or Federal funds Grants Compliance Re- <br />porting <$25,000 (item # 11, <br />Activities and Accomplishments <br />does not have to be completed) <br />OR <br />Audited Financial Statements in <br />Compliance with GAO/GAS <br />(i.e. Yellow Book) <br /> <br /> Greater than $25,000 Certification form and Schedule of N/A <br />and less that $500,000 Grantee Receipts >$25,000 and <br />in State Funds or Schedule of Receipts and Expendi- <br />$750,000 in Federal tures <br />Funds <br />OR <br />Audited Financial Statements in <br />Compliance with GAO/GAS <br />(i.e. Yellow Book) <br /> <br /> $500,000 + in State funds Audited Financial Statement in May use State funds, but <br />but Federal pass through compliance with GAO/GAS (i.e. not Federal Funds <br />DocuSign Envelope ID: 597E498A-5C6A-4C71-A5AA-4697608BE1BF