Notes to SEFA
Title: Loan/loan guarantee outstanding balances
Accounting Policies: The accompanying Schedules of Expenditures of Federal Awards and of State Financial Assistance are presented on the accrual basis of accounting. The information in the schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, and the State of Florida Chapter 10.650, Rules of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
COMMUNITY DEVELOPMENT BLOCK GRANT - GOVERNORS MANOR (14.218) - Balances outstanding at the end of the audit period were 395961. HOME INVESTMENT PARTNERSHIP PROGRAM -LANCASTER VILLAS (14.239) - Balances outstanding at the end of the audit period were 1200790. HOME INVESTMENT PARTNERSHIP PROGRAM - MENDEL VILLAS (14.239) - Balances outstanding at the end of the audit period were 458151. GREEN GABLES (14.239) - Balances outstanding at the end of the audit period were 636185. HOME INVESTMENT PARTNERSHIPS PROGRAM - PEBBLE CREEK (14.239) - Balances outstanding at the end of the audit period were 678500. HOME INVESTMENT PARTNERSHIPS PROGRAM - ANDERSON OAKS (14.239) - Balances outstanding at the end of the audit period were 160400. HOME INVESTMENT PARTNERSHIPS PROGRAM - LAKE JENNIE II (14.239) - Balances outstanding at the end of the audit period were 1428265. HOME INVESTMENT PARTNERSHIPS PROGRAM - LANCASTER VILLAS (14.239) - Balances outstanding at the end of the audit period were 251496. HOME INVESTMENT PARTNERSHIPS PROGRAM - GREEN CABLEES (14.239) - Balances outstanding at the end of the audit period were 1162983. HOME INVESTMENT PARTNERSHIP PROGRAM - LAKE DAVIS (14.239) - Balances outstanding at the end of the audit period were 678912. HOME INVESTMENT PARTNERSHIP PROGRAM - GOVERNORS MANOR (14.239) - Balances outstanding at the end of the audit period were 284000.