Title: Sources of Funding
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of Fort Wayne (Authority) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the Authority’s consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: Not applicable. Actual costs or applicable percentage determined, if necessary.
The schedule includes all grants and contracts entered into directly between the Authority and agencies and departments of the federal government, as well as federal funds passed-through to the Authority by primary recipients. The Authority provided no part of its direct grant federal dollars to sub-recipients.
Title: Sub-Recipients
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of Fort Wayne (Authority) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the Authority’s consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: Not applicable. Actual costs or applicable percentage determined, if necessary.
There were no sub-recipients for the year ended June 30, 2023.
Title: Loans Outstanding
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of Fort Wayne (Authority) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the Authority’s consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: Not applicable. Actual costs or applicable percentage determined, if necessary.
There were no federal loans outstanding for the year ended June 30, 2023.
Title: Non-Cash Assistance
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of Fort Wayne (Authority) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the Authority’s consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: Not applicable. Actual costs or applicable percentage determined, if necessary.
The Authority provided no non-cash assistance for the year ended June 30, 2023.
Title: Insurance
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of Fort Wayne (Authority) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the Authority’s consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: Not applicable. Actual costs or applicable percentage determined, if necessary.
The Authority had no federal insurance for the year ended June 30, 2023.