Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Scranton Housing Authority and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance, Audits of States, Local Governments, and Non- Profit Organizations. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
The Authority did not receive any non-cash Federal assistance for the year ended September 30, 2025.
At September 30, 2025, the Authority is not the guarantor of any loans outstanding.
The Authority has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.