Notes to SEFA
The accompanying schedule of expenditures of federal awards (SEFA) includes the federal awards activity of Mountain Parks Electric, Inc. and Subsidiary (the Cooperative) 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 SEFA presents only a selected portion of the operations of the Cooperative, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Cooperative.