Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the federal award activity of Lycoming County Water and Sewer Authority (the Authority) under programs of the federal government for the year ended December 31, 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 select portion of the operations of the Authority, it is not intended to and does not present the financial position, changes in net position or cash flows of the Authority.