Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of Greater Hazleton Joint Sewer Authority (the "Authority") under programs of the federal government for the year ended July 31, 2025. 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). Because the Schedule presents only a selected portion of the operations of the Authority, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Authority.
The Schedule is prepared on the accrual basis of accounting. Generally, an expenditure is reported when it has been incurred and when the funds have been obligated. For U.S. Environmental Protection Agency loan programs, expenditures are reported when the expenditure has been incurred, funds have been obligated, and a loan disbursement request has been submitted to the pass-through agency disbursing the loan funds. This method of recognition is specially prescribed by the funding agency.
The Authority has elected not to use 10% de minimis indirect cost rate as allowed under the Uniform Guidance.