Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Town of Greensboro, Vermont 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 Town of Greensboro, Vermont it is not intended to and does not present the financial position, changes in net position or cash flows.
The Town received $2,353,981 in funds for FEMA grant #02140-84720-055 during fiscal year 2025. The SEFA amount of $1,411,510 represents the amount obligated and spent by June 30, 2025. $104,840 was spent in fiscal year 2025. $1,306,670 was spent in fiscal year 2024.