Notes to SEFA
ASSISTANCE LISTING NUMBER The Assistance Listing Number, formerly known as the Catalog of Federal Domestic Assistance (CFDA) Number, is a five-digit number assigned in the awarding document for all Federal assistance award mechanisms, including Federal grants and cooperative agreements. State or local government redistributions of federal awards to the Municipality, known as “pass–through awards”, should be treated by the Municipality as though they were received directly from the federal government. The Uniform Guidance requires the schedule to include the name of the pass–through entity and the identifying number assigned by the pass-through entity for the federal awards received as a sub recipient. Numbers identified as N/A are not applicable and numbers identified as N/AV are not available.
INDIRECT COST RATE The Municipality has elected not to use the 10-percent de minimis cost rate allowed under the Uniform Guidance.
MAJOR PROGRAMS Major programs are identified in the Summary of Auditor’s Results Section of the Schedule of Findings and Questioned Costs.
SUBRECIPIENTS During fiscal year 2024-2025, there were no awards passed through to sub-recipients.
– COMMUNITY DISASTER LOAN PROGRAM The Community Disaster Loan (CDL) provide assistance to local governments to overcome a loss in revenues as a result of a natural disaster, in order to perform its governmental operational functions. Neither principal nor interest payments are required until maturity. The terms of the loan provide that if the municipality has not recovered sufficiently to meet its operating budget after three full fiscal years, repayment of all or part of the loan may be cancelled. The principal balance at June 30, 2025, was $645,574.