Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the City of Williamsburg, 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 on a selected portion of the operations of the City of Williamsburg, Virginia, it is not intended to be and does not present the financial position, changes in net position, or cash flows of the City of Williamsburg, 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 City's basic financial statements as follows: Intergovernmental federal revenues per the basic financial statements: Primary government: General fund $ 143,687 American Rescue Plan fund 19,193 Virginia public assistance fund 909,588 Capital projects fund 111,284 Total federal expenditures per the Schedule of Expenditures of Federal Awards $ 1,183,752
No awards were passed through to subrecipients.
The City has no loans or loan guarantees which are subject to reporting requirements for the current year.