Notes to SEFA
The accompanying Schedule of Expenditures of Federal and State Awards (SEFSA) includes the federal and State grant activity of the Town of Holden Beach under the programs ofthe federal government and the State of North Carolina for the year ended June 30, 2025. The information in this SEFSA is presented in accordance with the requirements of Title 2U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards , and the State Single AuditImplementation Act. Because the schedule presents only a selected portion of the operations of the Town of Holden Beach, it is not intended to and does not present the financialposition, changes in net position or cash flows of the Town of Holden Beach.