FAC Explorer

Audit 319940

FY End
2022-12-31
Total Expended
$6.04M
Findings
0
Programs
2
Organization: Bandera Electric Cooperative, Inc. (TX)
Year: 2022 Accepted: 2024-09-18
Auditor: Bolinger Segars Gilbert & Moss LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.751 Rural Energy Savings Program (resp) $5.53M Yes 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $503,821 - 0

Contacts

Name Title Type
H6ULVFEC9N99 Stephanie Pankratz Auditee
8303314446 Jarrod Bryant Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting or when the funds are obligated by the awarding entity. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The cooperative has elected not to use 10% de minimis cost rate allowed under Uniform Guidance.