Audit 31268

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying schedule of expenditures of federal awards include the federal award activity of Miller Park, Inc., HUD Project No. 065-HD040-CA, under programs of the federal government of the year ended June 30, 2022. 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 for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Miller Park, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Miller Park, Inc. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain 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. U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT CAPITAL ADVANCE -Miller Park, Inc. has received a U.S. Department of Housing and Urban Development Capital Advance under Section 811 of the National Housing Act. The Capital Advance outstanding at the beginning of the year is included in the federal expenditures presented in the Schedule. Miller Park, Inc. received no additional advances during the year. The balance of the advance outstanding at June 30, 2022 consists of:SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES (14.181) - Balances outstanding at the end of the audit period were 1713700.