Notes to SEFA
Of the expenditures presented in the schedule, the Department did not provide any awards to sub-recipients.
The Department has no federal loan obligations as of December 31, 2024
The schedule of expenditures of federal and non-federal awards is a summary of the Department’s federal and non-federal award programs presented on the modified accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America. The information in the schedule is 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.