Notes to SEFA
Arrow receives federal and state grants from the Texas Department of Family and Protective Services (DFPS). Arrow prepares its consolidated financial statements, schedule of expenditures of federal awards, and schedule of expenditures of state awards on a fiscal year basis ending June 30. DFPS operates and reports grant activity on a state fiscal year basis ending August 31. Because these fiscal years are not aligned, expenditures included in the schedule of expenditures of federal awards and schedule of expenditures of state awards may not correspond directly to DFPS state fiscal year reports for the same period due to timing differences. See below for reconciliation between expenditures per the schedule of expenditures of federal awards and schedule of expenditures of state awards, and DFPS expenditures per state fiscal year reports: See the Notes to the SEFA for table.