Note 1. Basis of Presentation
The accompanying schedule of expenditures of federal and state awards (the "Schedule") includes the
federal and state award activity of the County of Duval, Texas, (County) under programs of the federal
government and State of Texas 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 Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
(Uniform Guidance) and the Texas Uniform Grant Management Standards (UGMS). Because the
Schedule presents only a selected portion of the operations of the County, it is not intended to and does
not present the financial position, changes in net position of the County.
Note 2. Summary of Significant Accounting Policies
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such
expenditures are recognized following, as applicable, the cost principles contained in the Uniform
Guidance, or UGMS, wherein certain types of expenditures are not allowable or are limited as to
reimbursements. Negative accounts shown in the Schedule represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in the prior year.
Note 3. Relationships to Federal and State Financial Reports
Amounts reported in the Schedule may not agree with the amounts reported in the related Federal/State
financial reports filed with grantor agencies because of accruals which would be included in the next
report filed with the agencies.