FAC Explorer

Audit 378628

FY End
2025-06-30
Total Expended
$10.23M
Findings
0
Programs
2
Organization: Tennessee Valley Electric Cooperative (TN)
Year: 2025 Accepted: 2026-01-02
Auditor: GODWIN & ASSOCIATES PLLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $6.67M Yes 0
21.029 CORONAVIRUS CAPITAL PROJECTS FUND $3.56M Yes 0

Contacts

Name Title Type
E9MJSAXECR91 Gerald Taylor Auditee
7319254916 Mark Godwin Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance summarizes the expenditures of TVEC under programs of the federal and state governments. The schedule is presented using the modified accrual basis of accounting.
TVEC has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Recorded as aid-to-construction in construction work in progress in Electric plant on page 7 of the consolidated balance sheet.