Notes to SEFA
The accompanying Schedule includes the federal award activity of the MDTA under programs of the federal government for the year ended June 30, 2025, and is reported on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of the Single Audit. Because the Schedule presents only a selected portion of the operations of the MDTA, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the MDTA.