Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the County of Dinwiddie, Virginia 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 of Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the County of Dinwiddie, Virginia, it is not intended to be and does not present the financial position, changes in net position, or cash flows of the County of Dinwiddie, Virginia.
The value of federal awards expended in the form of noncash assistance for food commodities is reported in the schedule.
Federal expenditures, revenues and capital contributions are reported in the County's basic financial statements as follows: Intergovernmental federal revenues per the basic financial statements: Primary government: General Fund $ 2,087,165 Less: Payment in lieu of taxes (2,124) Special Revenue Fund 432,955 Total primary government $ 2,517,996 Component Unit - School Board: Operating Fund $ 2,598,316 Special Revenue Fund 3,557,623 Total component unit school board $ 6,155,939 Total federal expenditures per basic financial statements $ 8,673,935 Total federal expenditures per the Schedule of Expenditures of Federal Awards $ 8,673,935
Expenditures to subrecipients are presented on the Schedule of Expenditures of Federal Awards.
The County has no loans or loan guarantees which are subject to reporting requirements for the current year.