Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial assistance programs of the Puerto Rico Planning Board. The Board reporting entity is defined in Note A to The Board's Statement of Cash Receipts and Cash Disbursements. Federal financial assistance passed through from other government agencies is included on the schedule.
The accompanying Schedule of Expenditures of Federal Awards is presented using the cash basis of accounting, which is described in Note A to The Board's Statement of Cash Receipts and Cash Disbursements.
The federal funds expended for the year ended June 30, 2025 are as follows