The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Primary Government of the Terrebonne Parish Consolidated Government (the Primary Government) under programs of the federal government for the year ended December 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 Primary Government, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Primary Government. We did not audit the discretely presented component unit finan¬cial statements of the Houma-Terrebonne Regional Planning Commission, Assessor, District Attorney of the Thirty-Second Judicial District Court, Thirty-Second Judicial District Court, Clerk of Court, Terrebonne Parish Coroner, Terrebonne Parish Communications District, Terrebonne Parish Fire Districts No. 4A, 5, 6, 7, 8 and 9, Bayou Cane Fire Protection District, Coteau Fire Protection District, Schiever Fire Protection District, Terrebonne Levee and Conservation District, Terrebonne General Medical Center, Terrebonne Parish Recreation Districts No. 2/3, 3, 5, 6, 7, 8, 9, 10 and 11, Terrebonne Parish Veterans’ Memorial District, Houma Area Convention and Visitors Bureau, Houma Terrebonne Airport Commission, Houma Restoration District, Terrebonne Economic Development Authority, Terrebonne Parish Port Commission, Houma Terrebonne Public Trust Financing Authority, and the Firemen’s Pension and Relief Fund. These component units have separate boards and accounting systems whose financial statements and their accompanying schedule of expenditures of federal awards, if applicable, were audited by other auditors. Other component units of the Primary Government, whose discretely presented component unit financial statements have been audited by the auditors of the Primary Government’s financial statements, have separate boards and accounting systems for which separate audit reports on their financial statements have been issued. Separate reports, including the accompanying schedule of expenditures of federal awards were issued on Terrebonne General Medical Center for the year ended March 31, 2025, Terrebonne Council on Aging, Inc., Terrebonne Levee and Conservation District, and Consolidated Waterworks District No. 1, for the year ended June 30, 2025, and the District Attorney of the Thirty-Second Judicial District, Terrebonne Recreation District No. 4, and the Houma-Terrebonne Airport Commission for the year ended December 31, 2025, as required under the Uniform Guidance.
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, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Terrebonne Parish Consolidated Government has not elected to use 15% de minimis indirect cost rate as allowed under the Uniform Guidance.
The Parish received loan assistance for the following program: Program #1: Capitalazation Grants for Clean Water State Revolving Funds, Assistance Lising Number: 66.458, Project Number: 221493-01, Outstanding balance as of December 31, 2025 - $3,797,600, New Loans made during the year ended December 31, 2025 - $0 Program #2: Capitalazation Grants for Clean Water State Revolving Funds, Assistance Lising Number: 66.458, Project Number: 221490-01, Outstanding balance as of December 31, 2025 - $6,258,000, New Loans made during the year ended December 31, 2025 - $0
During the fiscal year ended December 31, 2022 and December 31, 2023, management identified that certain federal expenditures in the Schedule of Expenditures of Federal Awards were reported under the incorrect Assistance Listing Number (ALN). Specifically, expenditures totaling $95,362 in 2022 and $33,507 in 2023 for the Recreational Trails Program – LA 24 Sidewalks were incorrectly reported under ALN 20.219. These expenditures should have been reported under ALN 20.205. This had no impact on the total federal expenditures previously report.