Notes to SEFA
Oversight agencies are assigned to entities that spend less than $50 million in total federal awards in during the fiscal year. The agency that provides the highest amount of direct awards listing on the Schedule is the Oversight Agency. If less than 25% of the City’s total spending comes from direct awards or there are not direct awards, the Oversight Agency is the agency that provides the highest amount of total funding. Based on this criterion, the Department of Housing and Urban Development is the current year’s Oversight Agency.
The following reconciles federal sources reported in the financial statements to the federal expenditures reported in the Schedule: Governmental Funds – Federal Sources $1,141,866 Proprietary Funds – Federal Capital Grant 485,734 City’s subtotal 1,627,600 Component Unit – PWPL Federal Sources 23,800 TOTAL FEDERAL EXPENDITURES $1,651,400
The City did not have any amounts passed through to subrecipients for the fiscal year ended September 30, 2025.