Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (the Schedule) includes the federal and state grant activity of Alleghany County under programs of the federal government and the State of North Carolina 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) and the State Single Audit Implementation Act. Because the Schedule presents only a selected portion of the operations of Alleghany County, it is not intended to and does not present the financial position, changes in net position, or cash flows of Alleghany County.
Subsidized Child Care and Foster Care Adoption are clustered by the NC Department of Health and Human Services and are treated separately for state audit requirement purposes.
Alleghany County did not have any subrecipients of federal funds for 2025. Alleghany County did have $941,580 in N.C. Department of Public Safety Recovery Grants provided to the Town of Sparta, NC as a subrecipient.
The North Carolina State and Local Government Finance Division and the Local Government Commission has required opioid funding be included in review of state funding compliance.
Federal expenditures, revenues and capital contributions are reported in the County's basic financial statements as follows: See chart in Notes to SEFA