Audit 338637

FY End
2024-06-30
Total Expended
$24.53M
Findings
0
Programs
4
Year: 2024 Accepted: 2025-01-17
Auditor: Rkl LLP

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
JSBPUB31WRK6 Nicole Ozoa Auditee
6104355693 Timothy Kraft Auditor
No contacts on file

Notes to SEFA

Title: Program Clusters Accounting Policies: The Lehigh and Northampton Transportation Authority (the Authority) maintains its accounting records in accordance with accounting principles generally accepted in the United States of America. The financial information contained in the schedules of expenditures of federal awards and Pennsylvania Department of Human Services expenditures has been prepared on the basis of accounting practices prescribed under the terms of Operating Assistance, Planning, and Capital Grants with the Federal Transit Administration. The practices differ from accounting principles generally accepted in the United States of America as follows: A. Depreciation is not allowed as a project cost. B. Certain expenditures that would not normally be included in the determination of net income are either allowable or unallowable for project purposes. De Minimis Rate Used: N Rate Explanation: Indirect cost of the Authority was based on actual time. The Authority did not elect to utilize the ten percent de minimis indirect cost rate. The following program clusters, as defined by the Uniform Guidance, were treated as single programs for determining major programs: CFDA Number Expenditures Federal Transit Cluster 20.507 and 20.526 $ 21,535,996 Transit Services Programs Cluster 20.513 $ 519,315 Medicaid Cluster 93.778 $ 2,478,486