Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (SEFA) and other financial assistance includes the federal and state grant activity of North Central Wisconsin Workforce Development Board, Inc. (NCWWDB), and is presented on the accrual basis of accounting 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) and State Single Audit Guidelines. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.