The accompanying Schedule of Expenditures of Federal and State Awards (the "Schedule") presents the federal and state award activity of the South Texas Development Council (STDC) for the fiscal year ended September 30, 2024. The Council's reporting entity is defined in Note 1 to the basic financial statements. Federal and state awards received directly from federal and state agencies, as well as those passed through other governmental entities, are included on the Schedule.
The Schedule has been prepared on the modified accrual basis of accounting used for the governmental fund financial statements. The information in the 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) and the Texas Grant Management Standards (TxGMS), issued by the Texas Comptroller of Public Accounts. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and TxGMS, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
STDC has elected to use a negotiated indirect cost rate for federal and state programs. The negotiated rate is applied to direct salaries and wages as the base for cost allocation. The indirect cost rate schedule and budget-to-actual comparison are presented in the supplementary schedules section of this report.
Of the federal and state expenditures presented in the Schedule, STDC provided the following amounts to subrecipients during fiscal year 2024: Program ALN Amount Ryan White HIV/AIDS Program 93.917 $2,749,703 Housing Opportunities for Persons with AIDS (HOPWA) 14.241 1,727,249 State Services — HIV/SRVS HHS001317000004 2,668,120 State-R / RW State Administration HHS001122200004 269,643 Total $7,414,715 The Ryan White HIV/AIDS Program and HOPWA amounts represent subrecipient pass-through expenditures only. The remaining balance of each program represents administrative costs retained by STDC for program oversight and administration. The State Services — HIV/SRVS and State-R / RW State Administration contracts are fully passed through to subrecipients. STDC is responsible for monitoring subrecipient compliance with program requirements as further described in the Schedule of Findings and Questioned Costs. Subrecipients under these programs include: Coastal Bend Wellness Foundation, Centro De Salud Familiar La Fe, City of Laredo Health Department, Project Vida Health Center, South Plains Community Action Association, and Valley AIDS Council.
The total expenditures reported on the Schedule differ from the total expenditures reported in the governmental fund financial statements. The difference represents expenditures that are not federal or state awards subject to the Uniform Guidance or TxGMS and are therefore excluded from the Schedule. The following reconciles the Schedule to the financial statements: Total expenditures of federal and state awards per Schedule $12,832,368 Non-federal/non-state expenditures not subject to Uniform Guidance or Texas Grant Management Standards (TxGMS): Local and general fund expenditures 72,472 Professional services and fee-for-service 27,942 Indirect cost and fringe benefit pools 103,571 SMP stipends and other non-award expenditures 5,798 Energy assistance — private utility funds 2,297 Total non-federal/non-state expenditures 212,080 Total expenditures per financial statements $13,044,448 Non-federal/non-state expenditures include general fund administrative costs, fee-for-service and professional services expenditures, indirect cost and fringe benefit pool allocations, State Senior Medicare Patrol (SMP) stipend payments, and energy assistance funded through private utility contributions. These amounts are included in total expenditures per the financial statements but do not represent federal or state awards subject to audit under the Uniform Guidance or TxGMS.
STDC administers loan activity through S.T.E.D. Corporation, a blended component unit, under the Economic Development Administration (EDA) Title IX Revolving Loan Fund program. During fiscal year 2024, STDC ceased active loan operations under this program and returned the accumulated revolving loan fund corpus of $364,340 to EDA. Outstanding CARES Act loan receivables of $37,729 remain as of September 30, 2024. EDA has authorized STDC to retain all collections on outstanding loans, including accrued interest, for program purposes. The balance of outstanding loans as of September 30, 2024 is $37,729.