Notes to SEFA
The accompanying Schedule includes the federal award activity of Independent School District No. 432 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 the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of Independent School District No. 432, it is not intended to and does not present the financial position or changes in net position of Independent School District No. 432.
The District received money passed through multiple grantor agencies. There were no passthrough identifier numbers identified with the grants above.
Nonmonetary assistance is reported in the Schedule at the fair market value of the commodities received and disbursed.
During 2025, the District did not pass any federal money to subrecipients.