Notes to SEFA
The District was approved by the EPA and Drinking Water State Revolving Fund to receive loans totaling $139,100 to improve its drinking water systems, which includes 100% loan forgiveness. The District drew $29,082.55 against this award in 2024, with a balance of $13,910.45 left to draw from.
The amounts shown as current year expenditures represent only the federal award portion of the program costs. Entire program costs, including the district’s portion, are more than shown. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The District included $59,201 of expenditures for its Economic Development grant (ALN 14.251) which took place in FY 2023.