Notes to SEFA
The accompanying schedules of expenditures of federal awards and state financial assistance (the Schedules) include the federal and state award activity of the District under programs of the federal and state governments for the year ended June 30, 2025. The information in these Schedules is presented in accordance with the requirements of 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the Wisconsin State Single Audit Guidelines. Because the Schedules present only a selected portion of the operations of the District, they are not intended to and do not present the financial position or changes in net position of the District.
Nonmonetary assistance is reported in the schedule at the fair market value of the commodities received and disbursed for the USDA Commodities Program (#10.555).