Notes to SEFA
The Schedule of Expenditures of Federal and State Awards presents the activity of all applicable federal and state award programs of the Brazos Valley Council on Alcohol and Substance Abuse (the Organization). The Organization’s reporting entity is defined in Note 1 of the financial statements. 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) and the State of Texas Grant Management Standards (Texas Standards).
The Schedule of Expenditures of Federal and State Awards is presented using the accrual basis of accounting. The accrual basis of accounting is described in Note 2 of the financial statements.
Allowable expenditures of federal awards are subject to audit and adjustment by grantor agencies. Any disallowed claims, including amounts already collected, may constitute a liability of the organization. As of August 31, 2025, the organization had no known liability to a grantor agency.
The Organization did not elect to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
See the Notes to the SEFA for chart/table