Notes to SEFA
Title: Loan/loan guarantee outstanding balances
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 519625. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 767746. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 702811. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 951069. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 96352. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 23756. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 35694.