Notes to SEFA
Accounting Policies: NOTE 1 – BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal grant activity of the
Housing Authority of the City of Nevada, Missouri (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 of Federal Awards (Uniform Guidance)
De Minimis Rate Used: N
Rate Explanation: 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.