Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (the Schedule) includes the federal and state award activity of Central City Cyberschool of Milwaukee, Inc. under programs of the federal and state government for the year ended July 31, 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) and the State Single Audit Guidelines. Because the Schedule presents only a selected portion of the operations of Central City Cyberschool of Milwaukee, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Central City Cyberschool of Milwaukee, Inc.
The donated food commodities received during the year ended July 31, 2025, are included in the federal expenditures and are valued by the federal agency.