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( d ) If the Recipient is a non -state entity as defined by Section 215 . 97, Fla . Stat . , it shall comply with the following : If the Recipient expends a total amount of State financial assistance equal to or more than $ 500 , 000 in any fiscal year of such Recipient , the Recipient must have a State single or project- specific audit for such fiscal year in accordance with Section 215 . 97 , Fla . Stat . ; applicable rules of the Executive Office of the Governor and the Chief Financial Officer; and Chapters 10 . 550 ( local government entities ) or 10 . 650 ( nonprofit and for- profit organizations ) , Rules of the Auditor General . EXHIBIT 1 to this Agreement shows the State financial assistance awarded by this Agreement . In determining the State financial assistance expended in its fiscal year , the Recipient shall include all sources of State financial assistance , including State funds received from the Division , other state agencies , and other non -state entities . State financial assistance does not include Federal direct or pass-through awards and resources received by a non-state entity for Federal program matching requirements . In connection with the audit requirements addressed in this Paragraph 6 ( d ) above , the Recipient shall ensure that the audit complies with the requirements of Section 215 . 97( 8 ) , Fla . Stat . This includes submission of a reporting package as defined by Section 215 . 97 ( 2 )( e ) , Fla . Stat . and Chapters 10 . 550 ( local governmental entities ) or 10 . 650 ( nonprofit and for- profit organizations ) , Rules of the Auditor General . If the Recipient expends less than $ 500 , 000 in State financial assistance in its fiscal year, an audit conducted in accordance with the provisions of Section 215 . 97 , Fla . Stat , is not required . In the event that the Recipient expends less than $ 500 , 000 in state financial assistance in its fiscal year and elects to have an audit conducted in accordance with the provisions of Section 215 . 97 , Fla . Stat , the cost of the audit must be paid from the non -state entity' s resources ( i . e . , the cost of such an audit must be paid from the Recipient ' s resources obtained from other than State entities ) . Additional information on the Florida Single Audit Act may be found at the following website : http ://www. state . fl - us/fsaa/statutes . html . ( e ) Report Submission 1 . The annual financial audit report shall include all management letters and the Recipient's response to all findings , including corrective actions to be taken . 2 . The annual financial audit report shall include a schedule of financial assistance specifically identifying all Agreement and other revenue by sponsoring agency and Agreement number . 3 . Copies of financial reporting packages required under this Paragraph 6 shall be submitted by or on behalf of the Recipient directly to each of the following : The Department of Community Affairs at the following address : Department of Community Affairs Office of Audit Services 2555 Shumard Oak Boulevard Tallahassee , Florida 32399-2100 [an electronic copy shall also be submitted to aurilla . parrish@dca . state.fl . us ] and 3