Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the St. Louis Park Housing Authority 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 St. Louis Park Housing Authority, it is not intended to and does not present the financial position, changes in net position, or cash flows of the St. Louis Park Housing Authority.
As part of its Section 8 Housing Choice Vouchers Program, the St. Louis Park Housing Authority administered portable vouchers totaling $283,905 and related administration fees totaling $19,258 as the receiving public housing authority (PHA) for various other initial PHAs throughout the United States. The St. Louis Park Housing Authority does not consider these amounts received from the initial PHAs to be subrecipient payments, and therefore are excluded from the Section 8 Housing Choice Vouchers Program amount above.