Notes to SEFA
Amounts reported in the accompanying schedule agree with the amounts reported in the related federal financial reports.
The Township has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Amounts reported in the column entitled "adjustments" represent cancellation of grant balances.
The Township had no loan balances outstanding at December 31, 2025.
Each of the grantor agencies reserves the right to conduct additional audits of the Township’s grant programs for economy, efficiency and program results. However, the Township management does not believe such audits would result in material amounts of disallowed costs. The Township has not entered into various contracts with subrecipients and other contractors to perform services or provide goods in an effort to administer such grants. Thus, the Township has no commitments to meet various conditions of such contracts.
Major programs are identified in the Summary of Auditor's Results section of the Schedule of Findings and Questioned Costs.