Notes to SEFA
The schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the City. The information in this Schedule is 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the City it is not intended to, and does not, present the financial position, changes in net position, or cash flows of the City. The schedule of expenditures of state awards includes all of the state funds subject to the Wisconsin State Single Audit Guidelines. The reporting entity for the City is based upon criteria established by the Governmental Accounting Standards Board.
The City did not provide federal or state awards to subrecipients during the year ended December 31, 2024.