Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Tawas Area Schools under programs of the federal government for the year ended June 30, 2025. 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 Tawas Area Schools, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Tawas Area Schools.
Total Current Year Receipts per the MDE NexSys Grant Section Auditors Report $1,087,493 Addition of receipts not passed through the Michigan Department of Education and not included in the NexSys System: Food Distribution for National Lunch Program: 55030 Entitlement Commodities 39,733 55030 Bonus Commodities - Filter First Grant 29,229 Special Education Teacher Tuition Reimbursement Grant 4,460 Medicaid Outreach Claims 2024-2025 1,894 Total Current Year Receipts on the Schedule of Expenditures of Federal Awards $1,162,809
General Fund $526,267 Special Revenue Funds: Lunch Fund 637,229 Federal Revenue on the Schedule of Expenditures of Federal Awards $1,163,496