Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes federal grant activity of the Town of Pine Bluffs, Wyoming (the Town). The SEFA presents only a selected portion of the operations of the Town, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Town.
Federal program expenditres included in the accompanying schedule are presented on the cash basis of accounting, the same as the Town. Receipts are recognized when they are received and disbursements are recorded when cash is paid. The information in the schedule is presented in accordance with requirements of Title 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
The Town has not elected to utilize the 10 percent de minimis indirect cost rate.
The Town did not pass any portion of federal awards to subrecipients.
Loans without continuing compliance requirements have been excluded from the table below. The outstanding loans during the year are included in the SEFA. The Town had the following loan balances asociated with federal funding outstanding at June 30, 2025: