Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of the City of Warsaw, Missouri, under programs of the federal 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). Because the Schedule presents only a selected portion of the operations of the City of Warsaw, Missouri, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Warsaw Missouri.
The City of Warsaw, Missouri, did not provide funds to subrecipients in the current year
The City has an outstanding loan through the Drinking Water State Revolving Fund from the Missouri Department of Natural Resources, as a pass-through agency for the Environmental Protection Agency (Assistance Listing Number 66.468). As of December 31, 2025, the outstanding loan payable balance of the Series 2022 Combined Waterworks and Sewerage System Revenue Bonds (State of Missouri – Direct Loan Program) was $1,061,080.