Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the Federal grant activity of Sugar Valley Rural Charter School 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 Sugar Valley Rural Charter School, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Sugar Valley Rural Charter School.
With respect to Federal expenditures presented in the Schedule, Sugar Valley Rural Charter School did not provide any Federal awards to subrecipients.