Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the for the year ended December 31, 2024. The information in this Schedule is presented in accordance with the requirements of 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 of Fridley, Minnesota, it is not intended to and does not present the financial position, changes in net assets, or cashflows of the City of Fridley, Minnesota.
The City of Fridley, Minnesota did not pass any federal funds to subrecipients during 2024.