Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Property and is presented on the accrual basis of accounting. The information on 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 . Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
The Property did not elect to use the 10-percent de minimis indirect cost rate.
During the year ended December 31, 2024, the Property had no sub-recipients.
The Property did not receive any noncash assistance, federal loans, or federally funded insurance during the year ended December 31, 2024.