Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal award activity of Jaycee View Housing Incorporated, HUD Project No. 042-EE044-WAH under programs of the federal government for the year ended May 31, 2026. 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, it is not intended to and does not present the financial position, changes in net assets or cash flows of Jaycee View Housing Incorporated.
The outstanding balance of loan and loan guarantee programs at May 31, 2026 with continuing compliance requirements which are reported as federal expenditures on the accompanying schedule of expenditures of federal awards was $1,063,500.