Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the activities of federal award programs of Community Strategies Group (CSG) for the year ended December 31, 2025. The information in the 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 of CSG, it is not intended and does not present the financial position, changes in net assets, or cash flows of CSG.
CSG has a federal loan under HUD's Community Development Block Grant Disaster Recovery Grant (CDBG-DR) Cluster. The loan balances outstanding at the beginning of the year is included in the Schedule. CSG received no additional loans during the year. The balance of the loan outstanding at December 31, 2025, consists of: Assistance Listing Number: 14.269 Program Name: Hurricane Sandy Community Development Block Grant Disaster Recovery Grants (CDBG-DR) Outstanding Balance at December 31, 2025: $2,500,000
Federal award expenditures are reported in the consolidated financial statements. In certain programs, the expenditures are reported in the consolidated financial statements may differ from the expenditures reported in the Schedule, because the latter represents only the expenditures of CSG and not its consolidating subsidiaries and because not all expenditures are required to be reported on the schedule of expenditures of federal awards. The consolidated financial statements are prepared in under accounting principles generally accepted in the United States of America.
The following table lists the correct assistance listing numbers (ALNs), fiscal year, and expenditure amounts noted during the reconciliation process of the Borough of Berwick funds that occurred during the year ended December 31, 2025: ALN Fiscal Year Expenditure Amount Over (Under) Reported 21.027 2022 $ 16,000 $ 55,000 21.027 2023 $ 7,388 $ 57,124 21.027 2024 $ 2,124 $ 48,729