Notes to SEFA
The Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of the Association under programs of the federal governement for the year ended. 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 ("The Uniform Guidance"). Because the Schedule presents only a selected portion of the operations of the Associaition it is not intended to and does not present the financial position, changes in net position, or cash flows of the Association.