SEFA Tutorial
Lesson 1: Federal Reporting Requirements – Background
Reporting Entity (Agency)
The state of Texas is recognized as one non-federal entity, therefore all activity for Texas state agencies and universities is compiled annually into one single audit package submission. Texas’ aggregate annual federal expenditures exceed the minimum single audit threshold. Therefore, all agencies must submit all required federal expenditure data and notes through the SEFA web application so the information can be consolidated for one statewide SEFA submission. The SEFA is reported on a state fiscal year basis, similar to the State of Texas Annual Comprehensive Financial Report (ACFR).
The consolidated statewide SEFA includes the activity of all federal award programs administered by the primary government of the state of Texas, except for certain discrete component units and a blended component unit of the Texas A&M University System. See the Reporting Entity – Consolidated Statewide SEFA page in the AFR’s website for a current list of the agencies excluded from the consolidated statewide SEFA.