Notes to SEFA
Title: 1
Accounting Policies: The accrual basis of accounting is used
De Minimis Rate Used: N
Rate Explanation: Not needed
The accompanying schedule of Federal Awards includes the Federal Award activity of Park Village Apartments, Inc. under programs of the Federal Government for the year ended December 31, 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 Requirements for Federal Awards.