Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Rockbridge Area Community Services Board 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 Rockbridge Area Community Services Board, it is not intended to and does not present the financial position, changes in net position, or cash flows of Rockbridge Area Community Services Board.
No awards were passed through to subrecipients.
Federal Revenue Reported $ 968,356 Reconciling items: Unexpended current year funds (21,866) Revenue recognition timing differences 27,040 Total expenditures of federal awards $ 973,530