BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of St. Tammany Parish Government (the Parish) 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 Parish, it is not intended to and does not present the net position, changes in net position, or cash flows of the Parish. DESCRIPTION OF GRANTS The majority of Federal Assistance received by the Parish is received directly by the Parish. Among these are the Community Development Block Grants/Entitlement Grants, Continuum of Care Program, Gulf of Mexico Energy Security Act of 2006, Coronavirus State and Local Fiscal Recovery Funds, Federal Aviation Administration Grants, Federal Transit Formula Grants, and Emergency Rental Assistance Program. Other Federal Assistance in the form of flow-through grants that pass through a state agency prior to reaching the Parish, such as the Hazard Mitigation Grant and Low-Income Home Energy Assistance.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying Schedule of Expenditures of Federal Awards has been prepared on the modified accrual basis of accounting. Grant revenues are recorded, for financial reporting purposes, when the Parish has met the cost reimbursement or funding requirements for the respective grants. 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. St. Tammany Parish has elected to use the de minimis indirect cost rate as allowed under the Uniform Guidance. ACCRUED REIMBURSEMENT Various reimbursement procedures are used for Federal Awards received by the Parish. Consequently, timing differences between expenditures and program reimbursements exist at the beginning and end of the year. Accrued revenue represents an excess of expenditures over cash reimbursements received. Unearned revenue represents an excess of cash reimbursements over expenditures.
SUB-RECIPIENTS During 2025, the Parish made payments to sub-recipients out of funds received as follows (accrual basis): ALN GRANTS SUB-RECIPIENTS AMOUNT 14.218 Community Development Block Grant Boys and Girls Club $24,191 14.218 Community Development Block Grant Habitat for Humanity West 380,024 14.218 Community Development Block Grant West 30's Redemption 360,156 14.218 Community Development Block Grant East St. Tammany Habitat 38,003 14.218 Community Development Block Grant Family Reach 40,000 14.218 Community Development Block Grant St. Bernard Parish Government 35,636 14.218 Community Development Block Grant Hope House 25,108 14.218 Community Development Block Grant NAMI St. Tammany 8,753 14.218 Community Development Block Grant Northshore Food Bank 5,140 14.218 Community Development Block Grant Southeast Louisiana Legal Services 25,000 14.218 Community Development Block Grant STARC 55,180 14.218 Community Development Block Grant Youth Service Bureau 17,898 14.228 Community Development Block Grant Habitat West 89,582 14.228 Community Development Block Grant Boys and Girls Club 30,000 14.228 Community Development Block Grant St. Bernard Parish Government 14,364 14.228 Community Development Block Grant Northlake Behavioral 20,000 14.228 Community Development Block Grant Northshore Food Bank 45,260 14.228 Community Development Block Grant Youth Service Bureau 56,602 21.027 Coronavirus State and Local Fiscal Recovery Funds Boys and Girls Club 12,452 21.027 Coronavirus State and Local Fiscal Recovery Funds Bush Food Pantry 32,001 21.027 Coronavirus State and Local Fiscal Recovery Funds Catholic Charities 50,856 21.027 Coronavirus State and Local Fiscal Recovery Funds East St. Tammany Habitat 48,336 21.027 Coronavirus State and Local Fiscal Recovery Funds NAMI St. Tammany 42,994 21.027 Coronavirus State and Local Fiscal Recovery Funds Samaritan Center 5,871 21.027 Coronavirus State and Local Fiscal Recovery Funds United Way 59,310 93.569 Community Service Block Grant Upward Community Services 1,225 93.569 Community Service Block Grant Boys and Girls Club 5,168 93.569 Community Service Block Grant St. Bernard Parish Government 20,000 Total Payments to Sub-Recipients $1,549,110
LOANS OUTSTANDING During 2025, the Parish paid $33,000 on the outstanding Capitalization Grants for Clean Water State Revolving Funds Loan under ALN 66.458. As of December 31, 2025, $169,000 remains outstanding. The interest rate is 0.95% and the final payment is due August 1, 2030. This loan balance is not presented on the Schedule, as the loan has no significant compliance requirements other than repayment. During 2021, the Parish issued Gulf of Mexico Security Act (GOMESA) bonds under ALN 15.435 in the amount of $22,035,000. Principal payments were made in the amount of $1,230,000 during 2025, and $18,570,000 is still outstanding. The interest rate is 3.875% and final payment is due November 1, 2045. The amount of the loan expended during 2025, $2,590,752, is presented on the Schedule. During 2025, the Parish entered into a loan under the Capitalization Grants for Clean Water State Revolving Funds Loan under ALN 66.458 in the amount of $7,000,000. $57,025 was drawn during 2025, which is the amount expended during 2025 as presented on the Schedule, and no principal payments were made during 2025. The interest rate is 0.95% and final payment is due August 1, 2045.