Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Lindsay-Strathmore Irrigation District under programs of the federal government for the year ended December 31, 2024. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 District, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
The value of federal awards expended under the loan program, for the year ended December 31, 2024, is calculated as follows: Balance of loans from previous years for which the federal government imposes continuing compliance requirements as of January 1, 2024 $5894987 New loans made or received $1121136 Total federal awards expended under the loan program as of the year ended December 31, 2024 $ 7,016,123
For the year ended December 31, 2024, no federal awards were provided to subrecipients by Lindsay-Strathmore Irrigation District.