Notes to SEFA
The System applied for reimbursement of certain expenses related to the COVID-19 pandemic under Assistance Listing Number 97.036, FEMA Public Assistance through the Commonwealth of Massachusetts. Expenditures are reflected in the Schedule in the year in which a project application is obligated. The Schedule thus includes $2,726,240 of expenditures incurred in fiscal years 2021 through 2023, which were obligated in fiscal year 2025 and represents a reconciling item between the federal expenses in the System’s financial statements and the amount included on the Schedule.