Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards and Other Financial Assistance (the Schedule) presents the activity of all financial assistance programs of the Council. All financial assistance received directly or indirectly from Federal, State, and local agencies is included in the Schedule.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Council under programs of the federal government for the year ended September 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 Council, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Council. See Note V of the basic financial statements for the reconciliation of total federal expenditures and other financial assistance to the basic financial statements.
A portion of the expenses for donated services and other in-kind support are excluded from the Council’s financial statements in accordance with FASB ASC 958-605-50-1. Donated services and other in-kind support are included in the accompanying Schedule in accordance with other applicable grant agreements, which is described in Note I to the Council’s basic financial statements.