Notes to SEFA
The City did not have any federal loans or loan guarantees outstanding during the year ended September 30, 2025.
During the year ended September 30, 2025, the City had no subrecipients.
The City did not receive any noncash assistance or federally funded insurance during the year ended September 30, 2025.
Grant monies received and disbursed by the City are for specific purposes and are subject to review by the grantor agencies. Such audits may result in requests for reimbursement due to disallowed expenditures. Based upon experience, the City does not believe that such disallowance, if any, would have a material effect on the financial position of the City.