Notes to SEFA
The above Schedule of Expenditures of Federal Awards includes the federal grant activity of International Falls-Koochiching County Airport Commission and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Single Audit Act; Subpart F of Tittle 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Prinicples, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts in this schedule may differ from amounts presented in, or used in the preparation of the financial statements
The Airport did not pass any federal funds to subrecipients during the year ended December 31, 2025.
The Airport's pass-through identifying number is unknown.