Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the activities of federal award programs of Community Strategies Group (CSG) for the year ended December 31, 2024. The information in the 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of CSG, it is not intended and does not present the financial position, changes in net assets, or cash flows of CSG.
CSG has a federal loan under HUD's Hurricane Sandy Community Development Block Grant Disaster Recovery Grants (CDBG-DR). The loan balances outstanding at the beginning of the year is included in the Schedule. CSG received no additional loans during the year. The balance of the loan outstanding at December 31, 2024, consists of: “See the Notes to the SEFA for chart/table”