Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal award activity of Eastern Area Workforce Development Board (EAWDB) 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 (CFR) 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 operations of EAWDB, it is not intended to and does not present the financial position or changes in financial position of EAWDB.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement.
EAWDB had the following subrecipients during the year ended June 30, 2025: Subrecipient Assistance Listings Number Amount Eastern New Mexico University - Ruidoso 17.258, 17.259, 17.278, 17.277 $ 2,072,392
EAWDB does not charge an indirect cost rate to the WIOA Cluster of programs.