Audit 51972

FY End
2022-06-30
Total Expended
$14.51M
Findings
0
Programs
9
Year: 2022 Accepted: 2023-03-29

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
KGFLLCFZ3652 Ralph Frier Auditee
8634193171 Stacy McCrady Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of the School under Federal Government programs for the year ended June 30, 2022. The information in this schedule has been 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 (the Uniform Guidance). Because the Schedule presents only a select portion of the operations of the School, it is not intended to and does not present the net position, or statement of activities of the School. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. COMMUNITY FACILITIES LOANS AND GRANTS (10.766) - Balances outstanding at the end of the audit period were 11419709.