Notes to SEFA
The accompanying Schedule includes the Federal and State award activity of the District under programs of the Federal and State government for the year ended June 30, 2025, and is reported on the accrual basis of accounting. The information in the Schedule is presented in accordance with Uniform Guidance. Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the District. Reconciliation of the Schedule to the financial statements: Federal expenditures per Schedule of Federal and State Awards $ 1,146,598 Federal revenue reported with State sources per financial statements (125,804) Federal revenue per financial statements 1,020,794