Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of Lake Hamilton School District No. 5 (the "District") 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 (CFR) 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 or changes in financial position of the District.
During the year ended June 30, 2025, the District received Medicaid funding of $395,574 and ARMAC Medicaid Administrative Claming funding of $307,615 from the Arkansas Department of Human Services. Such payments are not considered Federal awards expended, and therefore, are not included in the above Schedule.
During the year ended June 30, 2025, the District received reimbursements totaling $72,284 for Reserve Officers' Training Corps programs. Such payments are not considered Federal awards expended, and therefore, are not included in the above Schedule.