Notes to SEFA
The accompanying schedule of expenditures of federal awards presents the activity of all applicable federal awards of the City of Garland, Texas (the City). The City’s reporting entity is defined in Note 1 to the City’s basic financial statements. Federal awards received directly from federal agencies as well as federal awards passed through other government agencies are included in the respective schedule.
Grant expenditures reports as of September 30, 2025, which have been submitted to grantor agencies will, in some cases, differ slightly from amounts disclosed herein. The reports prepared for grantor agencies are typically prepared at a later date and often reflect refined estimates of year-end accruals. The reports will agree at termination of the grant as the discrepancies noted are timing differences.
At September 30, 2025, the amount of loans outstanding related to the HOME Investment Partnerships Program was $5,413,667.91.
On January 27, 2022, the Department of Treasury issued the final rule for the Coronavirus State and Local Fiscal Recovery Funds (CSLFRF). The final rule allows recipients to use CSLFRF funds to restore prepandemic employment levels. Eligible incurred payroll expenditures are allowed beginning March 3, 2021. For the year ended September 30, 2025, the City’s SEFA includes $8,338,635 in expenditures that were incurred in prior years.