Notes to SEFA
During the year ended September 30, 2025, Lower Rio Grande ValleyWorkforce Development Boarddba Workforce Solutions, Inc. did not have any federal loans or loan guarantees outstanding.
During the year ended September 30, 2025, Lower Rio Grande Valley Workforce Development Board dba Workforce Solutions, Inc. did not receive any noncash assistance or federally funded insurance.
Grant monies received and disbursed by the Lower Rio Grande Valley Workforce Development Board dba Workforce Solutions, Inc. are for specific purposes and are subject to review by the grantor agencies. Such audits may result in requests for reimbursement due to disallowed expenditures. Based upon experience, the organization does not believe that such disallowance, if any, would have a material effect on the financial position of the Lower Rio Grande Valley Workforce Development Board dba Workforce Solutions, Inc.
See table in the report.