Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the County of Page, Virginia 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 the 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 County of Page, Virginia, it is not intended to and does not present the financial position, changes in net position, or cash flows of the County of Page, Virginia.
Nonmonetary assistance is reported in the schedule at the fair market value of the commodities received and disbursed. At June 30, 2025, the County had food commodities totaling $81,127 in inventory.
Matching costs, the nonfederal share of certain program costs are not included in the Schedule.
County of Page had no federal loans required to be presented in the Schedule.
Intergovernmental federal revenues per the basic financial statements: Primary government: General Fund $ 928,622 Department of the Interior-Payment in Lieu of Taxes (232,252) Special Revenue Funds: Workforce Investment Act Fund 1,227,172 Virginia Public Assistance Fund 1,828,336 Total primary government $ 3,751,878 Discretely presented component unit - School Board: School operating fund $ 2,153,088 School cafeteria fund 1,890,629 Total discretely presented component unit - School Board $ 4,043,717 Total federal expenditures per the Schedule of Expenditures of Federal awards $ 7,795,595