Notes to SEFA
The Accompanying schedule of expenditures of federal awards (the "Schedule") includes he federal grant activity of the Municipal Authority of Hazle Township (the "Authority") under program of the federal government for the year ended Dcember 31, 2025. The information in this schedule is presented in accordance with the requirements of the Office of Mangement and Budget (OMB) Uniform Guidance. Because the schedule presents only a selected portion of the operations of the Authority, it is nt intended to and does not present the financial position, changes in net position, or cash flows of the Authority.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expeditures are recognized following the cost principles contained in the OMB Uniform Guidance, wherein certain types of expenditures are not allowable or are limited to reimbursement. Expenditures represent only the federally funded portions of the programs. Authority records should be consulted to determine the amounts expended or matched from non-federal sources, if any. Pass-through entity identifying numbers are presented where available.
The Authority has not elected to use the 10-percent de minimis indirect cost rate allowed uder the Uniform Guidance.