Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Workforce Development Board of Western Missouri, Inc. 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 for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Workforce Development Board of Western Missouri, Inc., it is not intended to and does not present the financial position, changes in net position, or cash flows of the Workforce Development Board of Western Missouri, Inc.
Of the federal expenditures presented in the schedule, the Workforce Development Board of Western Missouri, Inc. provided federal awards to subrecipients as follows:
The Workforce Development Board of Western Missouri, Inc. uses approved indirect costs rates and has not elected to use the 10% de minimis cost rate as covered in 2 CFR 200.4 indirect (F&A) costs.