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STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION 525-010-40 LOCAL AGENCY PROGRAM AGREEMENT PRODUCTION SUPPORT 08111 — Paagege 5 Part II - State Funded : Recipients of state funds ( i . e . , a non-state entity as defined by Section 215 . 97 (2) ( 1 ) , Florida Statutes) are to have audits done annually using the following criteria : 1 . In the event that the recipient expends a total amount of state financial assistance equal to or in excess of $ 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 , Florida Statutes , applicable rules of the Executive Office of the Governor and the CFO , and Chapters 10 . 550 ( local governmental entities) or 10 . 650 ( nonprofit and for- profit organizations ) , Rules of the Auditor General . Exhibit 1 " to this Agreement indicates state financial assistance awarded through the Department by this Agreement . In determining the state financial assistance expended in its fiscal year, the recipient shall consider all sources of state financial assistance , including state financial assistance received from the Department , 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 . 2 . In connection with the audit requirements addressed in Part II , paragraph 1 , the recipient shall ensure that the audit complies with the requirements of Section 215 . 97 (7) , Florida Statutes . This includes submission of a financial reporting package as defined by Section 215 . 97 (2 ) (d ) , Florida Statutes , and Chapters 10 . 550 ( local governmental entities ) or 10 . 650 ( nonprofit and for- profit organizations) , Rules of the Auditor General . 3 . 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 , Florida Statutes , is not required . However , if the recipient elects to have audit conducted in accordance with the provisions of Section 215 . 97 , Florida Statutes , 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 ) . 4 . State awards are to be identified using the Catalog of State Financial Assistance ( CSFA) title and number, award number and year, and name of the state agency awarding it. Part III - Other Audit Requirements : The recipient shall follow up and take corrective action on audit findings . Preparation of a Summary Schedule of Prior Year Audit Findings , including corrective action and current status of the audit findings is required . Current year audit findings require corrective action and status of findings . Records related to unresolved audit findings , appeals or litigation shall be retained until the action is completed or the dispute is resolved . Access to project records and audit work papers shall be given to the Department , the Department of Financial Services , and the Auditor General . This section does not limit the authority of the Department to conduct or arrange for the conduct of additional audits or evaluations of state financial assistance or limit the authority of any other state official . Part IV - Report Submission : 1 . Copies of financial reporting packages for audits conducted in accordance with OMB Circular A- 133 , as revised , and required by Part I of this Agreement shall be submitted , when required by Section . 320 (d ) , OMB Circular A- 133 , as revised , by or on behalf of the recipient directly to each of the following : a) The Department at each of the following address (es) : Karen Maxon , Budget & Work Program Coordinator Florida Department of Transportation 3400 West Commercial Boulevard Fort Lauderdale , FL 33309 b ) The Federal Audit Clearinghouse designated in OMB Circular A- 133 , as revised (the number of copies required by Sections . 320 ( d ) ( 1 ) and (2 ) , OMB Circular A- 133 , as revised ) , at the following address : Federal Audit Clearinghouse Bureau of the Census 1201 East 10'h Street