Notes to SEFA
Included in federal expenditures is a $925,604 capital advance outstanding balance at June 30, 2025. See Note K to the financial statement for further details.
West Carroll Elderly Housing, Inc. d/b/a White Oaks Terrace Apartments has elected not to use the 10% de minimis cost rate.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of West Carroll Elderly Housing, Inc. d/b/a White Oaks Terrace Apartments and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance.