The accompanying schedule of expenditures of federal awards includes the federal grant activity of White River Planning and Development District, Inc. and is presented on the accrual basis of accounting. The information in this 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the preparation of the basic financial statements.
Certain federal programs require that the District contribute non-federal funds (matching funds) to support the federal funded programs. The District has complied with the matching requirements. The expenditures of non-federal matching funds are not included on the schedule.
White River Planning and Development District, Inc. had the following federal loan balances outstanding that are considered federal awards at June 30, 2025: R.D.A - U.S. Department of Agriculture Federal Assistance Listing# 10.766 Ending balance of Previous Year Loans - 689,336 Loans Outstanding at Year Ended June 30, 2025 - 678.299R.D.A - U.S. Department of Agriculture Federal Assistance Listing #10.766 Ending Balance of Previous Year Loans - 320,075 Loans Oustanding at Year Ended June 30, 2025 - 315,819
White River Planning and Development District, Inc. had the following revolving loan balances outstanding at June 30, 2025. These revolving loan balances outstanding are also included in the calculation of federal expenditures presented in the schedule. Cluster/Prgram Title - Revolving Loan Fund - COVID-19 Federal Assistance Listing #11.307 Ending Balance of Previous Year Loans - 1,489,611 Loans Outstanding for year Ended June 30, 2025 1,395,092
Revolving Loan Fund calculation for SEFA: Outstanding Loan Balance - 1,395,092 RLF Cash and Cash Equivalents - 285,154 Total - 1,680,246 Federal Share - 100% Total Listed on SEFA for RLF - 1,680,246
No awards were passed through to subrecipients.
In connection with various federal grant programs, the District is obligated to administer related programs and spend the funds in accordance with regulatory restrictions, and is subject to audit by grantor agencies and other auditors. In cases of noncompliance, the agencies involved may require the District to refund program funds.