Title: Note 1. General Information
Accounting Policies: Note 1. General Information
The accompanying Schedule of Expenditures of Federal Awards presents the activities in all the federal programs of the Housing Authority of the City of Orange. All financial assistance received directly from federal agencies as well as financial assistance passed through other governmental agencies is included on the schedule.
Note 2. Basis of Accounting
The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule are presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
Note 3. Non-Cash Federal Assistance
The Authority did not receive any non-cash federal assistance for the year ended March 31, 2023.
Note 4. Loan Guarantees
At March 31, 2023, the Authority is not the guarantor of any loans outstanding.
Note 5. Sub-Recipients
Of the federal expenditures presented in this schedule, no expenditures were used to provide federal awards to sub-recipients.
Note 6. Indirect Cost Rate
The Authority has elected not to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance
The accompanying Schedule of Expenditures of Federal Awards presents the activities in all the federal programs of the Housing Authority of the City of Orange. All financial assistance received directly from federal agencies as well as financial assistance passed through other governmental agencies is included on the schedule.
Title: Note 2. Basis of Accounting
Accounting Policies: Note 1. General Information
The accompanying Schedule of Expenditures of Federal Awards presents the activities in all the federal programs of the Housing Authority of the City of Orange. All financial assistance received directly from federal agencies as well as financial assistance passed through other governmental agencies is included on the schedule.
Note 2. Basis of Accounting
The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule are presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
Note 3. Non-Cash Federal Assistance
The Authority did not receive any non-cash federal assistance for the year ended March 31, 2023.
Note 4. Loan Guarantees
At March 31, 2023, the Authority is not the guarantor of any loans outstanding.
Note 5. Sub-Recipients
Of the federal expenditures presented in this schedule, no expenditures were used to provide federal awards to sub-recipients.
Note 6. Indirect Cost Rate
The Authority has elected not to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance
The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule are presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
Title: Note 3. Non-Cash Federal Assistance
Accounting Policies: Note 1. General Information
The accompanying Schedule of Expenditures of Federal Awards presents the activities in all the federal programs of the Housing Authority of the City of Orange. All financial assistance received directly from federal agencies as well as financial assistance passed through other governmental agencies is included on the schedule.
Note 2. Basis of Accounting
The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule are presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
Note 3. Non-Cash Federal Assistance
The Authority did not receive any non-cash federal assistance for the year ended March 31, 2023.
Note 4. Loan Guarantees
At March 31, 2023, the Authority is not the guarantor of any loans outstanding.
Note 5. Sub-Recipients
Of the federal expenditures presented in this schedule, no expenditures were used to provide federal awards to sub-recipients.
Note 6. Indirect Cost Rate
The Authority has elected not to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance
The Authority did not receive any non-cash federal assistance for the year ended March 31, 2023.
Title: Note 4. Loan Guarantees
Accounting Policies: Note 1. General Information
The accompanying Schedule of Expenditures of Federal Awards presents the activities in all the federal programs of the Housing Authority of the City of Orange. All financial assistance received directly from federal agencies as well as financial assistance passed through other governmental agencies is included on the schedule.
Note 2. Basis of Accounting
The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule are presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
Note 3. Non-Cash Federal Assistance
The Authority did not receive any non-cash federal assistance for the year ended March 31, 2023.
Note 4. Loan Guarantees
At March 31, 2023, the Authority is not the guarantor of any loans outstanding.
Note 5. Sub-Recipients
Of the federal expenditures presented in this schedule, no expenditures were used to provide federal awards to sub-recipients.
Note 6. Indirect Cost Rate
The Authority has elected not to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance
At March 31, 2023, the Authority is not the guarantor of any loans outstanding.
Title: Note 5. Sub-Recipients
Accounting Policies: Note 1. General Information
The accompanying Schedule of Expenditures of Federal Awards presents the activities in all the federal programs of the Housing Authority of the City of Orange. All financial assistance received directly from federal agencies as well as financial assistance passed through other governmental agencies is included on the schedule.
Note 2. Basis of Accounting
The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule are presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
Note 3. Non-Cash Federal Assistance
The Authority did not receive any non-cash federal assistance for the year ended March 31, 2023.
Note 4. Loan Guarantees
At March 31, 2023, the Authority is not the guarantor of any loans outstanding.
Note 5. Sub-Recipients
Of the federal expenditures presented in this schedule, no expenditures were used to provide federal awards to sub-recipients.
Note 6. Indirect Cost Rate
The Authority has elected not to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance
Of the federal expenditures presented in this schedule, no expenditures were used to provide federal awards to sub-recipients.
Title: Note 6. Indirect Cost Rate
Accounting Policies: Note 1. General Information
The accompanying Schedule of Expenditures of Federal Awards presents the activities in all the federal programs of the Housing Authority of the City of Orange. All financial assistance received directly from federal agencies as well as financial assistance passed through other governmental agencies is included on the schedule.
Note 2. Basis of Accounting
The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule are presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
Note 3. Non-Cash Federal Assistance
The Authority did not receive any non-cash federal assistance for the year ended March 31, 2023.
Note 4. Loan Guarantees
At March 31, 2023, the Authority is not the guarantor of any loans outstanding.
Note 5. Sub-Recipients
Of the federal expenditures presented in this schedule, no expenditures were used to provide federal awards to sub-recipients.
Note 6. Indirect Cost Rate
The Authority has elected not to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance
The Authority has elected not to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.