Notes to SEFA
The SEFA is presented in accordance with generally accepted accounting prinicples and is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the general purpose financial statements.
There were no subrecipient activities during the audit period.
The Authority has elected to not use the 10$ de minimis cost rate.
The Authority received no non-cash assistance.
The Authority did not have any HUD assisted mortgages or loans.