Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all federal award programs of Florence School District One, South Carolina (the “District”) for the year ended June 30, 2025. All federal awards received directly from federal agencies, as well as those passed through other government agencies, are included on the Schedule.
Federal award expenditures are reported in the District’s basic financial statements as expenditures in the Special Revenue Fund and Food Service Fund.
Amounts reported in the accompanying Schedule agree with the amounts reported in the related federal financial reports except for timing differences relating to expenditures made subsequent to the filing of the federal financial reports.
The District did not provide any awards to subrecipients for the year ended June 30, 2025.