Notes to SEFA
The accompanying schedules of expenditures of federal and state awards ("the Schedules") include the federal and state awards of Wise County, Texas. The information in the Schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the Texas Grant Management Standards (TxGMS). Because the schedules present only a selected portion of the operations of Wise County, they are not intended to and do not present the financial position or changes in net position of Wise County, Texas.