Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of the District under programs of the federal government for the ten months ended June 30, 2025. The information in this schedule is presented in accordance with the requirements Single Audit Act Amendments of 1996 and 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, changes in net position or cash flows of the District.
See notes to SEFA for table/chart. Negative amounts represent adjustments in the current year to SHARS reimbursement awards which were previously reported as a receivable as of August 31, 2024.
For purposes of regulatory requirements of the Texas Education Agency, a summary of federal program revenues received in the general fund for the ten months ended June 30, 2025, are as follows: See notes to SEFA for table/chart.