Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal and state grant activity of the City of Longwood (the City) under programs of the federal and state 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 (CFR) Part 200, Uniform Administrative Requirements for Federal Awards (Uniform Guidance) and Section 215.97, Florida Statutes. Because the Schedule presents only a selected portion of the operations of the City, it is not intended to and does not present the financial position, changes in net position or cash flows of the City.
Grant expenditure amounts are subject to audit and adjustment. If any expenditures are disallowed by a Grantor agency as a result of such an audit, any claim for reimbursement to the Grantor agency would become a liability of the City. In the opinion of the City's management, all grant expenditures included on the Schedule complied with the terms of the grant agreements and applicable federal and state laws and regulations.
Expenditures for Assistance Listing Number 97.036, Disaster Grants- Public Assistance, include expenditures of $40,172 that were incurred in prior fiscal years.