Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards is a summary of the activity of the North Park Public Water District's federally funded award programs and is presented on the accrual basis of accounting in accordance with generally accepted accounting principles. 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).
There were no subrecipients for the fiscal year ending April 30, 2026.
The District did not receive any federal non-cash assistance or federal insurance for the year ended April 30, 2026.
The District did not have any loans or loan guarantee programs outstanding as of April 30, 2026.
The District did not elect to use the 10% de minimis indirect cost rate.