Notes to SEFA
During the normal course of business, the Housing Authority receives funds from the United States Government for program services. Substantially all of these funds are subject to future audit by the U.S. Department of Housing and Urban Development. However, it is management's opinion that any resulting adjustments would not have a material effect upon the accompanying basic financial statements.
The Housing Authority had no federal loans outstanding as of December 31, 2025.
The Housing Authority had no sub-recipients for the federal awrds received for the year ending December 31, 2025.
The Housing Authority received no federal, non-cash assistance for the year ending December 31, 2025.
The Housing Authority has evaluated subsequent events through September 11, 2026, the date which the financial statements were available to be issued.