Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the City of Bristol, Virginia under programs of the federal government for the year ended June 30, 2025. The information in the Schedule is presented in accordance with the requirements of the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of the City of Bristol, Virginia, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Bristol, Virginia.
The City did not have any loans or loan guarantees which are subject to reporting requirements for the current year.
The City did not have an subrecipients during the fiscal year.
Federal expenditures, revenues and capital contributions are reported in the City's basic financial statements as follows: