Notes to SEFA
Note contains a reconciliation between the revenues received and the expenditures reported
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Palmyra R-1 School District under programs of the federal government for the year ended June 30, 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 Palmyra R-1 School District, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Palmyra R-1 School District.