Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the City of Ashland (the City) 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 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 Ashland, it is not intended to and does not present the financial position, changes in net position or cash flows of the City. The reporting entity for the City is based upon criteria established by the Governmental Accounting Standards Board. The City is the primary government according to GASB criteria, while the Ashland Ore Dock Trust is a component unit. The Ashland Ore Dock Trust did not expend any federal awards during 2024.
The City received federal awards from the following pass-through agencies: WI DOA Wisconsin Department of Administration WI DNR Wisconsin Department of Natural Resources WI DOT Wisconsin Department of Transportation WI EAC Wisconsin Election Assistance Commission