Laserfiche WebLink
A TRUE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J . R . SMITH , CLERK <br /> 3. A web site that provides links to several Federal Single Audit Act resources can be <br /> found at: http: / /harvester.census .gov/ sac/ sainfo. html <br /> PART II : STATE FUNDED <br /> This part is applicable if the recipient is a nonstate entity as defined by Section 215. 97 (2) , Florida <br /> Statutes. <br /> 1 . In the event that the reci "' � ' ends a total amount of state financial assistance equal <br /> P q <br /> to or in excess of $500,000 in any fiscal year of such recipient (for fiscal years ending September <br /> 30, 2004 or thereafter) , the recipient must have a State single or project-specific audit for such <br /> fiscal year in accordance with Section 215 .97, Florida Statutes; applicable rules of the Department <br /> of Financial Services; and Chapters 10. 550 (local governmental entities) or 10. 650 (nonprofit and <br /> for-profit organizations) , Rules of the Auditor General. EXHIBIT 1 to this agreement indicates <br /> state financial assistance awarded through the DEPARTMENT by this agreement. In <br /> 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 <br /> not include Federal direct or pass-through awards and resources received by a nonstate entity for <br /> Federal program matching requirements . <br /> 2. In connection with the audit requirements addressed in Part II, paragraph 1 , the <br /> recipient shall ensure that the audit complies with the requirements of Section 215 .97 (8) , Florida <br /> Statutes . This includes submission of a financial reporting package as defined by Section <br /> tt <br /> 215 . 97 (2) , Florida Statutes, and Chapters 10 . 550 (local governmental entities) or 10. 650 (nonprofit <br /> and for-profit 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 /> (for fiscal years ending September 30, 2004 or thereafter) , an audit conducted in accordance with <br /> the provisions of Section 215 .97, Florida Statutes, is not required. In the event that the recipient <br /> expends less than $ 500,000 in state financial assistance in its fiscal year and elects to have an audit <br /> conducted in accordance with the provisions of Section 215 . 97, Florida Statutes , the cost of the <br /> audit must be paid from the nonstate entity's resources (i. e. , the cost of such an audit must be. <br /> paid from the recipient's resources obtained from other than State entities) . <br /> 4. Additional information regarding the Florida Single Audit Act can be found at. <br /> httpo / /www. myflorida. com/ fsaa/ statutes .html . <br /> PART III : REPORT SUBMISSION <br /> 1 . Copies of reporting packages for audits conducted in accordance with OMB Circular A- <br /> 133, as revised, and required by PART I of this agreement shall be submitted, when <br /> required by Section . 320 (d) , OMB Circular A433, as revised, by or on behalf of the <br /> recipient directly to each of the following. <br /> 16 <br />