An award, a formula calculation, a City proposal and annual expenditure answer different questions. Start with the record’s purpose, period and scope.
Separate questions, separate records.
These examples are not consecutive balances in one calculation. Do not add or subtract them to infer cash on hand or project spending.
Read the label before the number
What question does each record answer?
The first three examples carry 2026 source labels. The expenditure example is City FY2025. The years and financial stages are not interchangeable.
What amount did HUD publish?
HUD-published award amount · Federal grant year 2026$2,842,753USDFederal grant year 2026 · Phoenix AZ001
What this does not showNot cash draws, PHA contract obligations, actual expenditure or recognized accounting revenue. The public workbook is not an executed Phoenix agreement; Phoenix execution has not been verified.
HUD’s current master ACC schedule lists a $2,842,753 Capital Fund award amount for Phoenix (AZ001), grant AZ20P00150126.
ScopeCity of Phoenix Housing Department (AZ001); Public Housing Capital Fund, not all Phoenix housing finance.
Period and source dateFederal grant year 2026; current master ACC file marked updated September 28, 2026; retrieved November 8, 2026.
Financial stage: Published award amount in a master Annual Contributions Contract (ACC) schedule.
HUD index and update label Source locator & notesPHX-CFP-001 · FY2026 section: “2026 ACC Amendments (MS Excel) (UPDATED AS OF 9/28/2026 )”; retained extraction line 18
Record identifiersPHX-CFP-WEB-001
How was funding calculated?
Formula calculation · Federal grant year 2026$2,813,904USDFederal grant year 2026 · Phoenix AZ001
What this does not showDo not add the formula amount to the published award or treat development portions as project earmarks. Formula attribution and proposed uses answer different questions.
HUD’s separately published FY2026 formula workbook lists $2,813,904 for Phoenix (AZ001). Development-level portions are calculation inputs, not approved project budgets or project spending.
ScopePhoenix PHA total (AZ001) and development-level formula attribution; not project expenditure.
Period and source dateFederal grant year 2026; formula effective-date cell April 1, 2026; retrieved November 8, 2026.
Financial stage: Formula-calculation workbook amount; separate published source from the current master ACC schedule.
HUD formula guidance Source locator & notesPHX-CFP-013 · Slide 11 / PDF page 4; also slide 36 / PDF page 12
Record identifiersPHX-CFP-WEB-002
What did the City propose?
Draft proposed uses · City plan column “2026”$2,713,865USDColumn “2026” · Draft 2026–2030 City plan
What this does not showThe related draft FY2026–27 Annual Action Plan repeats the amount but labels it “25-26 FY.” These source-year labels remain unresolved; do not silently treat them as the same award or expenditure period.
Phoenix’s draft 2026–2030 Capital Fund plan proposes $2,713,865 in the column labeled “2026.”
ScopeCity of Phoenix draft Public Housing Capital Fund plan; not the full City housing budget.
Period and source dateDraft 2026–2030 plan, column “2026”; heading also says “2026/2027 CFP.”
Financial stage: Proposed plan uses, not executed project obligations or expenditure.
Draft City Capital Fund plan Source locator & notesPHX-CITY-013 · PDF page 1, total under the 2026 column; heading “2026/2027 CFP”
Draft Annual Action Plan Source locator & notesPHX-CITY-003 · Printed page 62 / PDF page 64, Capital Fund Program passage labeled “25-26 FY”
Record identifiersPHX-CFP-WEB-003
What expenditure was reported?
SEFA expenditure · City fiscal year 2025$7,218,862USDCity FY2025 · July 2024–June 2025
What this does not showThe SEFA is not a cash-flow statement. Its notes describe modified accrual or accrual depending on the fund; they do not assign a specific fund basis to ALN 14.872. This row has no Capital Fund grant-year breakdown, so do not subtract one annual award to infer overspending or an unspent balance.
Phoenix’s FY2025 Schedule of Expenditures of Federal Awards (SEFA) reports $7,218,862 under ALN 14.872, the Public Housing Capital Fund.
ScopeCity of Phoenix, ALN 14.872; one federal-program expenditure row, not all housing expenditure.
Period and source dateCity FY2025: July 1, 2024–June 30, 2025; final Single Audit report dated January 21, 2026.
Financial stage: Annual SEFA expenditure in the final published Single Audit report; not a cash-flow total.
FY2025 Single Audit / SEFA Source locator & notesPHX-CITY-027 · SEFA printed page 1 / PDF page 3, ALN 14.872; Notes 1–2 on printed page 7 / PDF page 9; auditor date January 21, 2026 on printed page 13 / PDF page 15
The arithmetic is clear. The explanation is not established by the reviewed records.
A later file-update label does not identify the transaction or revision that would reconcile the amounts.
Unexplained published-source discrepancy · Not a cash transaction
The current master ACC amount is $28,849 higher than the separately published 2026 formula workbook total. The reviewed records do not explain the transaction, date or reason linking the two amounts.
What this does not showThis is not evidence of missing money, a cash receipt or a verified award revision. A published file-update date is not a Phoenix transaction date.
ScopePhoenix AZ001, federal grant year 2026; current master ACC schedule versus the separately published formula workbook.
Period and source dateFormula effective-date cell: April 1, 2026. Current master ACC file: index marked updated September 28, 2026. Both retrieved November 8, 2026.
Financial stage: Arithmetic difference between two published source amounts, not a verified revision transaction.
HUD index and update label Source locator & notesPHX-CFP-001 · FY2026 section: “2026 ACC Amendments (MS Excel) (UPDATED AS OF 9/28/2026 )”; retained extraction line 18
Record identifiersPHX-CFP-WEB-005 · Arithmetic: 2,842,753 − 2,813,904 = 28,849
Three terms worth separating
A commitment is not a payment.
PHA means public housing agency. These are HUD program definitions, not evidence of a Phoenix transaction.
HUD program definitions · Not Phoenix transaction evidence
PHA obligation:
a binding agreement for work or financing that will result in outlays.
Grant draw:
Capital Funds vouchered through HUD’s Line of Credit Control System (LOCCS).
HUD grant-reporting expenditure:
the PHA pays a contractor or vendor bill using funds disbursed from LOCCS.
What this does not showA PHA obligation is different from HUD’s federal award obligation. This HUD grant-reporting definition of expenditure is distinct from the SEFA accounting measure. These definitions do not establish Phoenix’s amounts, dates or completion of grant-processing requirements.
ScopeHUD Capital Fund guidance for public housing agencies (PHAs); national definitions, not a Phoenix ledger.
Period and source dateHUD training materials dated September 25, 2023.
Financial stage: Definitions separating a PHA commitment, a grant disbursement and expenditure.
What Did Phoenix Complete at Maryvale Parkway Terrace?
City-reported project result · 2025
What the record shows. Phoenix reports that it completed major improvements at Maryvale Parkway Terrace in 2025 using the Public Housing Capital Fund and Community Development Block Grant (CDBG).
What’s still open. Project payment records are needed to identify the grants and determine how much each program paid.
The reviewed evidence does not provide a complete award-to-project spending reconciliation. Unknown draws and project expenditure remain unverified, not zero.
HUD-approved grant Annual Statements/Budgets and approved five-year plan
Which uses and budget line items were approved for each grant?
Which grant years and activities support the annual SEFA expenditure row?
FY2025 Single Audit / SEFA Source locator & notesPHX-CITY-027 · SEFA printed page 1 / PDF page 3, ALN 14.872
A research gap is not a finding of noncompliance. The public award files do not establish which Phoenix processing steps are complete. The next useful evidence is grant-level approval and transaction records, rather than another aggregate award total.
Source notes
Follow the original record.
Official workbooks, draft City plans, the final Single Audit and HUD guidance serve different purposes. Their source IDs and exact page or cell locators stay attached.
This explainer uses a few examples from the dated research snapshot. It is not a complete account of Phoenix housing funding or a grant-level ledger.
2026–2027 Draft Annual Action Plan Source locator & notesPHX-CITY-003 · Printed page 62 / PDF page 64, Capital Fund Program passage labeled “25-26 FY”
FY2025 Single Audit Report: Schedule of Expenditures of Federal Awards Source locator & notesPHX-CITY-027 · SEFA printed page 1 / PDF page 3, ALN 14.872; Notes 1–2 on printed page 7 / PDF page 9; auditor date January 21, 2026 on printed page 13 / PDF page 15; SEFA printed page 1 / PDF page 3, ALN 14.872
