Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of the City under programs of the federal government for the year ended September 30, 2025. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Because the schedule presents only a selected portion of the operations of the City, it is not intended to and does not present the financial position, changes in net position or cash flows of the City.
The City has outstanding loan commitments under the Clean Water State Revolving Loan Fund (ALN #66.458) and Drinking Water State Revolving Loan Fund (ALN #66.468) from the Texas Water Development Board, as a pass-through agency for the Environmental Protection Agency. As of September 30, 2025, the outstanding loan payable balances were: See notes to SEFA for chart/table.