Notes to SEFA
Title: Federal Award Identification Numbers
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) presents the federal financial assistance programs of the Nambe Pueblo Housing Entity (the Entity), a component unit of the Nambe Pueblo (the Pueblo), and is presented on the modified accrual basis of accounting. The information in the schedule 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. Therefore, some amounts presented in the 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 Entity has elected not to use the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance.
The federal granting agency is responsible for providing the Entity with the Assistance Listing Number (ALN) for each grant or contract. In cases where the federal granting agency did not provide the ALN to the Entity, other identifying numbers are presented on the Schedule. In addition, for pass-through awards, the pass-through granting agencies are responsible for providing the Entity with pass-through grantor numbers. In cases where the pass-through granting agency did not provide this number to the Entity, it is blank on the Schedule.
Title: Other Disclosures
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) presents the federal financial assistance programs of the Nambe Pueblo Housing Entity (the Entity), a component unit of the Nambe Pueblo (the Pueblo), and is presented on the modified accrual basis of accounting. The information in the schedule 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. Therefore, some amounts presented in the 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 Entity has elected not to use the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance.
The Entity did not receive any non-cash assistance, there was no insurance in effect during the year, and no federal loan guarantees are outstanding at year-end.