Notes to SEFA
The schedules of expenditures of federal and state awards (Schedules) includes the federal and state award activity of the El Paso Metropolitan Planning Organization (MPO) under programs of the federal and state government for the year ended August 31, 2025. The information in the Schedules are 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) and the Texas Grant Management Standards issued by the Texas Comptroller of Public Accounts. Because the Schedules present only a selected portion of the operations of the MPO, it is not intended to and does not present the financial position or changes in net position of the MPO.
The accompanying Schedules are presented using the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance or the Texas Grant Management Standards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The MPO did not elect to use the 10% de minimis cost rate allowed under uniform guidance.
Amounts reported in the accompanying Schedules agree or can be reconciled with amounts reported in the related federal and state financial assistance reports.
Federal and state award expenditures agree or can be reconciled with the amounts reported in the MPO’s basic financial statements.