Notes to SEFA
As reflected in the basic financial statements, the Association has spent all balances and interest earned from emergency service fees for landline and wireless telecommunication services and capital replacement funds as of September 30, 2025.
Expenditures for the EDA Revolving Loan Fund were calculated as follows: SPAG Permian Basin Panhandle West TX CARES Act CARES Act CARES Act CARES Act Revolving Loan Revolving Loan Revolving Loan Revolving Loan Revolving Loan Cash and investment balance at 9/30/2025 $ 819,576 $ 482,544 $ 246,441 $ 360,131 $ 136,327 Balance of outstanding loans at 9/30/2025 2,574,887 3,396,469 1,108,048 879,438 686,762 Administrative costs during the fiscal year 22,391 57,432 21,783 23,143 17,567 Total EDA Revolving Loan Fund Expenditures 3,416,854 3,936,445 1,376,272 1,262,712 840,656 Federal Participation Rate 75% 75% 75% 75% 75% Total Federal Share of EDA Revolving Loan Fund Expenditures $ 2,562,641 $ 2,952,334 $ 1 ,032,204 $ 947,034 $ 630,492