Notes to SEFA
The City did not disburse any loans during the fiscal year ending June 30, 2025. The following direct federal loan balances were outstanding at June 30, 2025.
The City received donated vaccines directly from the federal government under Assistance Listing No. 93.268 which were reported at assessed value provided by the federal agency. The amount of such donated vaccines issued/consumed for the year ended June 30, 2025, was $3,267,060 and was reported as federal award expenditures in the schedule of expenditures of federal and state awards. The value of donated vaccines as of year ended June 30, 2025, was $739,827.
Federal Emergency Management Administration (FEMA) Public Assistance (Presidentially Declared Disasters) (Assistance Listing No. 97.036) provide Disaster Grants to reimburse eligible costs associated with repair, replacement or restoration of disaster damaged facilities and other assets. The federal government makes reimbursement in the form of cost shared grants. As of June 30, 2025, a total of $8.7M of approved eligible expenditures were incurred in the prior year(s) and are included in the schedule of expenditures of federal and state awards. Additional estimated expenditures in the amount of $35.7M for FEMA were incurred in the current and prior years but were not obligated as of June 30, 2025.
The City receives various grants to cover the costs of specified programs. Final determination of eligibility of costs will be made by the grantors. Should any costs be found ineligible, the City will be responsible for reimbursing the grantors for these amounts.