Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of the Windsor C-1 School District under programs of the federal government for the year ended June 30, 2025. The information reported 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 District, it is not intended to and does not present the financial position, changes in net assets or cash flows of the District.
Nonmonetary assistance is reported in the schedule at the fair market value of the commodities received and disbursed during the year ended June 30, 2025.
The District did not have any federal insurance in effect during the fiscal year ended June 30, 2025.
The District did not have any loans or loan guarantees outstanding as of June 30, 2025.
The District did not provide federal awards to any subrecipients during the fiscal year ended June 30, 2025.