Notes to SEFA
The loan programs listed below are administered directly by the Municipality of Parkersburg and balances and transactions relating to these programs are included in the Municipality of Parkersburg's Home Fund and in a Nonmajor Fund for CDBG's financial statements. Loans made during this year are included in the federal expenditures presented in the Schedule of Expenditures of Federal Awards. The balance of these loans outstanding at June 30, 2025, consist of:
The accompanying schedule of expenditures of federal awards includes the federal award activity of the Municipality 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 Municipality, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Municipality.