Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant and loan activity of SCIDpda Bush Residential LLC under programs of the federal government for the year ended December 31, 2025. The Schedule is prepared on the same basis of accounting as the financial statements of SCIDpda Bush Residential LLC (see Note 1 in the Notes to the Financial Statements). 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 SCIDpda Bush Residential LLC, it is not intended to and does not present the financial position, changes in member’s equity, or cash flows of SCIDpda Bush Residential LLC.
The amounts shown as current year expenditures represent only the federal grant portion of the program costs. Entire program costs, including SCIDpda Bush Residential LLC's portion, may be more than shown.
No amounts were provided to sub-recipients.