Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (the Schedule) includes the federal and state award activity of the City of Watertown, Wisconsin under programs of the federal and state government for the year ended December 31, 2025. The information in this 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) and the State Single Audit Guidelines. Because the Schedule presents only a selected portion of the operations of the City of Watertown, it is not intended to and does not present the financial position, changes in net position or cash flows of the City of Watertown.
The City of Watertown received federal awards from the following pass-through agencies: DOT Wisconsin Department of Transportation DHS Wisconsin Department of Health Services DOA Wisconsin Department of Administration
The Schedule includes adjustments through the February 14, 2026 Grant Enrollment, Application and Reporting System (GEARS) reports.