Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the Federal award activity of the City of Clinton Water & Sewer Department (the Department) under programs of the Federal government for the year ended December 31, 2025. The information in the schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of the Department, it is not intended to and does not present the financial position, changes in net position, or cash flows, where applicable of the Department.
The Department does not charge indirect cost rates and charges 100% of their costs directly.
The program title and ALN number was obtained from the Federal or pass-through grantor or the sam.gov website.
The Department was approved by the Arkansas Department of Agriculture, Natural Resources Division to receive loans totaling $18,175,269 on a reimbursement basis. The balances of these loans*** as of December 31, 2025 was as follows: