Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the City of Barre, Vermont under programs of the federal government for year ended June 30, 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 Barre, Vermont, it is not intended to and does not present the financial position, changes in net position or cash flows.
The City received grant funds under 02140-84720-006 in the amount of $2,721,942 in fiscal year 2025. Of the amounts obligated, the City spent $2,465,677 during fiscal year 2024 and 2025. The City also received $256,264 that was not spent during 2025.