Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes federal and state grant activity of RCAWDB under programs of the federal and state governments for the year ended September 30, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the State of Texas Single Audit Circular. Because the Schedule presents only a selected portion of the operations of RCAWDB, it is not intended to and does not present the financial position, changes in net assets, or cash flows of RCAWDB.