Notes to SEFA
THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS (THE SCHEDULE) INCLUDES THE FEDERAL AWARD ACTIVITY OF ETOWAH WATER AND SEWER AUTHORITY, UNDER PROGRAMS FOR THE FEDERAL GOVERNMENT FOR THE CURRENT YEAR. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH THE REQUIREMENTS OF TITLE 2 U.S. COST OF FEDERAL REGULATIONS (CFR) PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). BECAUSE THIS SCHEDULE PRESENTS ONLY A SELECTED PORTION OF THE OPERATIONS OF THE AUTHORITY, IT IS NOT INTENDED TO AND DOES NOT PRESENT THE FINANCIAL POSITION, CHANGES IN NET POSITION OR CASH FLOWS OF THE AUTHORITY.
FOR THE CURRENT YEAR, ETOWAH WATER AND SEWER AUTHORIY DID NOT PASS FEDERAL FUNDS THROUGH TO SUBRECIPIENTS.