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determining the state financial assistance expended in its fiscal year , the recipient shall consider all
<br /> sources of state financial assistance , including state financial assistance received from the
<br /> Department , other state agencies , and other nonstate entities . State financial assistance does not
<br /> include Federal direct or pass - through awards and resources received by a nonstate entity for Federal
<br /> program matching requirements .
<br /> 2 . In connection with the audit requirements addressed in Part II , paragraph 1 , the recipient shall
<br /> ensure that the audit complies with the requirements of Section 215 . 97 ( 7 ) , Florida Statutes . This
<br /> includes submission of a financial reporting package as defined by Section 215 . 97 ( 2 ) ( d ) , Florida
<br /> Statutes , and Chapters 10 . 550 ( local governmental entities ) or 10 . 650 ( nonprofit and for- profit
<br /> organizations ) , Rules of the Auditor General .
<br /> 3 . If the recipient expends less than $ 500 , 000 in state financial assistance in its fiscal year
<br />, an audit
<br /> conducted in accordance with the provisions of Section 215 . 97 , Florida Statutes , is not required .
<br /> However , if the recipient elects to have an audit conducted in accordance with the provisions
<br /> of
<br /> Section 215 . 97 , Florida Statutes , the cost of the audit must be paid from the nonstate entity '
<br />s
<br /> resources ( i . e . , the cost of such an audit must be paid from the recipient ' s resources obtained
<br /> from
<br /> other than State entities ) .
<br /> 4 . State awards are to be identified using the Catalog of State Financial Assistance ( CSFA )
<br /> title and
<br /> number , award number and year , and name of the state agency awarding it .
<br /> PART III : OTHER AUDIT REQUIREMENTS
<br /> The recipient shall follow up and take corrective action on audit findings . Preparation of a summary
<br /> schedule of prior year audit findings , including corrective action and current status of the audit
<br /> findings is required . Current year audit findings require corrective action and status of findings .
<br /> Records related to unresolved audit findings , appeals , or litigation shall be retained until the action is
<br /> completed or the dispute is resolved . Access to project records and audit work papers shall be given
<br /> to the FDOT , the Department of Financial Services , and the Auditor General . This section does not
<br /> limit the authority of the Department to conduct or arrange for the conduct of additional audits or
<br /> evaluations of state financial assistance or limit the authority of any other state official .
<br /> PART IV : REPORT SUBMISSION
<br /> 1 . Copies of reporting packages for audits conducted in accordance with OMB Circular A- 133 , as revised ,
<br /> and required by PART I of this agreement shall be submitted , when required by Section . 320 ( d ) ,
<br /> OMB
<br /> Circular A- 133 , as revised , by or on behalf of the recipient directly to each of the following :
<br /> A. The Department at each of the following address :
<br /> Florida Department of Transportation ,
<br /> 3400 W . Commercial Blvd .
<br /> Ft . Lauderdale , FL 33309
<br /> Karen Maxon , District Single Audit Liaison
<br /> B . The Federal Audit Clearinghouse designated in OMB Circular A - 133 , as revised ( the number
<br /> of
<br /> copies required by Sections . 320 ( d ) ( 1 ) and ( 2 ) , OMB Circular A- 133 , as revised , should be
<br /> submitted to the Federal Audit Clearinghouse ) , at the following address :
<br /> Federal Audit Clearinghouse
<br /> Bureau of the Census
<br /> 1201 East 10th Street
<br /> Jeffersonville , IN 47132
<br /> C . Other Federal agencies and pass - through entities in accordance with Sections . 320 ( e ) and
<br />( f ) ,
<br /> OMB Circular A - 133 , as revised .
<br /> 2 . In the event that a copy of the reporting package for an audit required by PART I of this
<br /> agreement
<br /> and conducted in accordance with OMB Circular A - 133 , as revised , is not required to be submitted to
<br /> the Department for reasons pursuant to section . 320 ( e ) ( 2 ) , OMB Circular A - 133 , as revised , the
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