Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of Hampton Roads Sanitation District, a component unit of the Commonwealth of Virginia (“HRSD”), under programs of the federal government for the year ended June 30, 2025. The information in the Schedule is 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 (the “Uniform Guidance”). Because the Schedule presents only a selected portion of the operations of HRSD, it is not intended to and does not present either the financial position, changes in net position, or cash flows of HRSD.
There were no amounts passed to subrecipients for the year ended June 30, 2025.
The outstanding balance of the WIFIA loan was $682,889,968 on June 30, 2025.