Notes to SEFA
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Yuma District Hospital’s (Hospital) under programs of the federal government for the year ended December 31, 2025. The information 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 Hospital, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Hospital.
Expenditures reported on this schedule consist of the beginning of the year outstanding loan balances of the Hospital’s USDA direct loan of $5,286,936 and guaranteed loan of $11,821,892, which is 90% of the beginning of the year outstanding balance of the guaranteed loan. The Hospital made no advances on the loans during the year ended December 31, 2025. The Hospital’s outstanding loan balances for the direct loan and the guaranteed loan as of December 31, 2025 are $5,142,299 and $11,184,945 (of which 90% is $10,066,451), respectively.