Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (the Schedule) includes the federal and state award activity of Texoma Council of Governments under programs of the federal and state government for the year ended April 30, 2026. 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 Texas Grant Management Standards. Because the Schedule presents only a selected portion of the operations of Texoma Council of Governments, it is not intended to and does not present the net position or changes in net position of Texoma Council of Governments.
Federal and state awards are reported in the Council's basic financial statements as follows: See notes to SEFA for chart/table.
Amounts reported on the Schedule may not agree with the amount reported in the related Federal/State financial status reports files with grantor agencies because of the effect of accruals made in the Schedule.