FAC Explorer

Audit 302609

FY End
2023-12-31
Total Expended
$7.01M
Findings
0
Programs
4
Organization: Graham Housing Authority (NC)
Year: 2023 Accepted: 2024-04-04
Auditor: Tpo CPA PLLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.871 Section 8 Housing Choice Vouchers $5.35M Yes 0
14.850 Public and Indian Housing $780,800 Yes 0
14.872 Public Housing Capital Fund $537,329 - 0
14.182 Section 8 New Construction and Substantial Rehabilitation $343,472 - 0

Contacts

Name Title Type
CM7MNA129HA3 Sheri Debruler Auditee
3362297041 T. Peter Oke-Bello Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1: BASIS OF PRESENTATION Accounting Policies: EXPENDITURES ARE REPORTED ON THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. De Minimis Rate Used: N Rate Explanation: AGENCY ELECTED NOT TO USE THE 10% DE MINIMIS INDIRECT RATE THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS INCLUDES THE FEDERAL GRANT ACTIVITY OF GRAHAM HOUSING AUTHORITY AND IS PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING.
Title: NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: EXPENDITURES ARE REPORTED ON THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. De Minimis Rate Used: N Rate Explanation: AGENCY ELECTED NOT TO USE THE 10% DE MINIMIS INDIRECT RATE EXPENDITURES REPORTED IN SEFA ARE REPORTED ON THE MODIFIED ACCRUAL BASIS OF ACCOUNTING.