Notes to SEFA
The accompanying schedule of expenditures of federal awards and schedule of expenditures of state awards (the Schedules) include federal and state grant activity of the Assessment Center under programs of the federal and state government for the year ended September 30, 2025. The information in these Schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the Texas Grant Management Standards (TxGMS). Because the Schedules present only a selected portion of the operation of the Assessment Center, it is not intended to and does not present the financial position, statements of activities, functional expenses and cash flows of the Assessment Center.