Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes federal award activity of the Midwestern Intermediate Unit IV (the “Intermediate Unit”) under programs of the federal government for the year ended June 30, 2025. The information in this 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Midwestern Intermediate Unit IV, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Midwestern Intermediate Unit IV.
The Intermediate Unit passes-through various federal funds to subrecipients. The subrecipients include school districts within the Mercer, Lawrence, and Butler Counties. Funds passed-through for the fiscal year ended June 30, 2025, were as follows: See the Notes to the SEFA for table.
See the Notes to the SEFA for table.