Notes to SEFA
Included in federal expenditures is a $927,299 capital advance outstanding balance at September 30, 2025. See Note G to the financial statement for further details.
Village du Vie, Inc. 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 Village du Vie, Inc. 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.