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A TRUE COPY CERTIFICATION ON LAST PAGE • Exhibit C J . R . SMITH , CLERK Audit Requirements The administration of resources awarded by the DEPARTMENT to the RECIPIENT may be subject to audits and/ or monitoring by the DEPARTMENT as described in this exhibit. MONITORING In addition to reviews of audits conducted in accordance with OMB CircuJm, ` ,1. 33 and Section 215 .97 , F. S. , as revised (see "AUDITS" below) , monitoring procedures may include, but not be limited to, on-site visits by DEPARTMENT staff, limited scope audits as defined by OMB Circular A433, as revised, and/or other procedures. By entering into this agreement, the recipient agrees to comply and cooperate with any monitoring procedures /processes deemed appropriate by the DEPARTMENT. In the event the DEPARTMENT determines that a limited scope audit of the recipient is appropriate, the recipient agrees to comply with any additional instructions provided by the DEPARTMENT staff to the recipient regarding such audit. The recipient further agrees to comply and cooperate with any inspections, reviews, investigations, or audits deemed necessary by the Chief Financial Officer (CFO) or Auditor General. AUDITS PART I : FEDERALLY FUNDED This part is applicable if the recipient is a State or local government or a non-profit organization as defined in OMB Circular A433 , as revised. 1 . In the event that the recipient expends $500,000 or more ire Federal awards in its fiscal year, the recipient must have a single or program-specific audit conducted in accordance with the provisions of OMB Circular A433, as revised. Exhibit 1 to this Agreement indicates Federal resources awarded through the DEPARTMENT by this Agreement. In determining the Federal awards expended in its fiscal year, the recipient shall consider all sources of Federal awards, including Federal resources received from the DEPARTMENT. The determination of amounts of Federal awards expended should be in accordance with the guidelines established by OMB Circular A- 133 , as revised. An audit of the recipient conducted by the Auditor General in accordance with the provisions OMB Circular A433, as revised, will meet the requirements of this part. 2. In connection with the audit requirements addressed in Part I, paragraph 1 , the recipient shall fulfill the requirements relative to auditee responsibilities as provided in Subpart C of OMB Circular A433 , as revised. 2. If the recipient expends less than $ 500,000 in Federal awards in its fiscal year, an audit conducted in accordance with the provisions of OMB Circular A433, as revised, is not required. In the event that the recipient expends less than $ 500,000 in Federal awards in its fiscal year and elects to have an audit conducted in accordance with the provisions of OMB Circular A433, as revised, the cost of the audit must be paid from non-Federal resources (i.e. , the cost of such an audit must be paid from recipient resources obtained from other than Federal entities) . 15