Notes to SEFA
(4) Loan Program The Clean Water State Revolving Loan Program CW2024006 is administered by the City of Zebulon. The balance and transactions relating to this program are included in the City of Zebulon’s basic financial statements. The loan outstanding at the beginning of the year and the loan made during the year are included in the federal expenditures presented in the Schedule. The balance of the loan outstanding as of December 31, 2025 is as follows: Assistance Listing Number Program Name Outstanding Balance at December 31, 2025 66.458 Clean Water State Revolving Fund - CW2024006 $ 538,845