Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the grant activity as prescribed by Federal Funding Accountability and Transparency Act (FFATA) assistance agreements of the California State Water Resources Control Board, Safe Drinking Water State Revolving Fund 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 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
The FFATA assistance agreements related to the Capitalization Grants for Safe Drinking Water State Revolving Fund Assistance Listing number 66.468 include $122,934,670 of expenditures that were disbursed as loan awards, which includes $31,690,868 of principal forgiveness loans and $-0- of expenditures that were disbursed as grant awards to qualifying subrecipients.