Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the Federal award activity of the District 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 District’s operations, it is not intended to and does not present the financial position, changes in net position, or cash flows of the District.
For the year ended June 30, 2025, the District has restated the beginning accrued (deferred) revenue amounts on the Schedule of Expenditures of Federal Awards to accurately reflect expenditures incurred and revenue recognized in the prior year. The total restatement resulted in a decrease of $204,653 to the beginning accrued (deferred) revenue amounts and impacted programs listed in the table below. See the Notes to Schedule of Expenditures of Federal Awards for table.