Notes to SEFA
The accompanying Schedule includes the federal award activity of the County 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 the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of the County, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the County.
Amounts reported in the accompanying Schedule do not agree with amounts reported on the County’s Annual Comprehensive Financial Report (ACFR). The reconciling items between ACFR and the Schedule are as follows: Federal grant revenues per ACFR:Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds33,734,102$ Statement of Revenues, Expenses and Changes in Net Position - Bell Court Apartments40,816 Statement of Revenues, Expenses and Changes in Net Position - Library Fund43,600 33,818,518 Reconciling items:Federal expenditures related to loss of revenue previously recognized in the financial statements7,972,275 Federal reimbursements not subject to Single Audit(4,667,797) Other(10,211) 3,294,267 Total Expenditures of Federal Awards37,112,785