Notes to SEFA
The Schedule includes the federal grant activity of the Council under programs of the federal government for the year ended September 30, 2025. The information in the Schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because the Schedule presents only a selected portion of the Council’s operations, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Council.
There were no pass through federal awards made to subrecipients by the Council during 2025.
The Council received funding under the Temporary Assistance Program for Needy Families (AL #93.558) (TANF) through Massachusetts Department of Early Education & Care. The State has transferred the TANF funds into the Childcare and Development Fund (CCDF) as allowed by the TANF program. The OMB Compliance Supplement requires the transferred TANF funds to be reported as CCDF expenditures. The Council has reported $992,080 in expenditures of TANF funds as CCDF expenditures under AL #93.575 on the Schedule.
Fixed assets purchased with federal cost reimbursement grant funds are capitalized in the period purchased on the basic financial statements in accordance with generally accepted accounting principles; however, these costs are included on the Schedule as federal expenditures. During fiscal year 2025, fixed asset expenditures reported on the Schedule are as follows: Head Start, AL #93.600, $1,907,327; and Enhanced Mobility of Seniors and Individuals with Disabilities, AL #20.513, $577,872.