FAC Explorer

Audit 347346

FY End
2024-12-31
Total Expended
$1.21M
Findings
0
Programs
3
Organization: The Housing Authority of the City of Vernon (AL)
Year: 2024 Accepted: 2025-03-21
Auditor: John Russell and Associates INC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.850 Public and Indian Housing $558,799 Yes 0
14.872 Public Housing Capital Fund $442,015 - 0
14.182 Section 8 New Construction and Substantial Rehabilitation $208,353 - 0

Contacts

Name Title Type
PZVTNMPLSJN3 Sharon Johnson Auditee
2056957122 John G. Russell Auditor
No contacts on file

Notes to SEFA

Title: Note 1 - Basis of Presentation Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of Vernon, Alabama and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Cose of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The Housing Authority did not elect to use the 10% De Minimus Cost Rate. De Minimis Rate Used: N Rate Explanation: The auditee did not use the deminimis cost rate. The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Housing Authority of the City of Vernon, Alabama and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Cose of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The Housing Authority did not elect to use the 10% De Minimus Cost Rate.