Notes to SEFA
The accompanying Schedule includes the federal award activity of City of Bagley, Minnesota 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 the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of City of Bagley, Minnesota, it is not intended to and does not present the financial position, changes in net position or cash flows of City of Bagley, Minnesota.
During 2025, the City did not pass any federal money to subrecipients.