Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grants activity of Alaska Reinsurance Program for the year ended December 31, 2024, and is presented on the accrual basis of accounting. 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”). The schedule presents only a selected portion of information included on the statement of activities; it is not intended to and does not present the financial position, changes in net assets or cash flows of Alaska Reinsurance Program.
Alaska Reinsurance Program did not receive any federal noncash assistance, federal loans or federal insurance for the year ended December 31, 2024.
Alaska Reinsurance Program did not provide any federal awards to subrecipients during the year ended December 31, 2024.