Notes to SEFA
The Supplementary Schedule of Expenditures of Federal Awards includes the federal award activity of Kentucky Science and Technology Corporation and Subsidiaries. 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 Kentucky Science and Technology Corporation and Subsidiaries, it is not intended to and does not present the financial position, change in net assets, or cash flows of Kentucky Science and Technology Corporation and Subsidiaries.