Notes to SEFA
Accounting Policies: The schedule of expenditures of federal awards includes the federal grant activity of Beltzhoover Apartments, Inc., HUD Project No. 033-EE074 and is presented on the accural basis of accounting. The information in this scheduel is presented in accordance with the requirement of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: N/A