Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of the Office of the Governor of the Commonwealth of Puerto Rico (the Office) under programs of the federal government for the year ended June 30, 2025. The information in the SEFA is presented in accordance with the requirements of the Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents only a selected portion of the operations of the Office, it is not intended to and does not purport to present the statement of cash receipts and disbursements of the Office.
Expenditures reported on SEFA are reported on the cash basis of accounting. It is drawn primarily from the Office’s internal accounting records, which are the basis of the Office’s Statement of Cash Receipts and Disbursements. Such expenditures are recognized following the cost principles contained in Title 2 US Code of Federal Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The Office has not elected to use the 10 percent “de minimis” indirect cost rate allowed under the Uniform Guidance.
The titles of federal awards included in the SEFA are presented as described in the Assistance Listing Number.
Expenditures included in the SEFA amounting to $10,491,257 agree with the amounts included in the accompanying Statement of Cash Receipts and Disbursements for purposes of the Federal Financial Assistance.
Each federal program has its own use restrictions. Those restrictions are included in the corresponding Office of Management Budget’s Assistance Listing.
The Office received federal awards from the following federal grantors/pass-through entities (1) U.S. Department of Health and Human Services (HHS), (2) Corporation for National and Community Services, (3) U.S. Department of Homeland Security (4) U.S. Department of the Treasury: All federal grants have a particular purpose and objective, which is disclosed in each grant award and/or compliance supplement.