Notes to SEFA
Amounts reported in the accompanying schedules agree with amounts reported in the Authority’s financial statements.
Amounts reported in the accompanying schedules of expenditures of federal awards and state financial assistance agree with the amounts reported in the related federal and state financial reports, where required. Expenditures incurred for Statewide Assistance Infrastructure Loans are based upon expenditures incurred for these projects. When expenditures are incurred, a requisition is submitted to the NJIB for reimbursement for eligible costs. Expenditures incurred for COVID-19 Coronavirus State and Local Fiscal Recovery Funds are based upon expenditures incurred due to the public health emergency with respect to Coronavirus 2019 (COVID-19). When expenditures are incurred, a request for reimbursement is submitted to the County of Middlesex, New Jersey, for reimbursement of eligible costs.