The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the County of Clarke, Virginia 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 the County, it is not intended to and does not present the financial position, changes in net position, or cash flows of the County.
All federal financial assistance programs operated by the County are included in the scope of the Uniform Guidance audit.
Single Audit testing procedures were performed for program transactions occurring during the fiscal year ended June 30, 2025, for the following programs: Name of federal program or cluster Federal assistance listing number(s) Federal expenditures Special Education Cluster (IDEA) 84.027 & 84.173 $479,717
Federal expenditures, revenues and capital contributions are reported in the County’s basic financial statements as follows: Intergovernmental federal revenues per the basic financial statementsPrimary government:General Fund137,923$ Special Revenue Funds:Virginia Public Assistance Fund733,682 Debt Service Funds:School Debt Service Fund65,192 Capital Projects Funds:General Government Capital Projects Fund11,979 Total Primary Government948,776$ Component Unit School Board:School Operating Fund750,516$ School Food Service Fund501,395 School Capital Projects Fund51,806 Total component unit school board1,303,717$ Total federal expenditures per basic financial statements2,252,493$ Reconciling itemsLess amounts not reported on the Schedule of expenditure of Federal AwardsPayment in Lieu of Taxes(11,052) Build America Bond Interest rate subsidy(65,192) Portion of State Victim Witness Funds received from the state(27,983) Portion of Social Services Funds received from the state(926) (105,153) Add amounts reported on the Schedule of Expenditure of Federal Awardsbut not included in intergovernmental federal revenuesByrne Justice Grant74,012 Equitable Sharing Program4,481 78,493 Total Reconciling items(26,660) Total federal expenditures per Schedule of Federal Awards2,225,833$