|
STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION
<br />LOCAL AGENCY PROGRAM AGREEMENT
<br />525-010-40
<br />PROJECT MANAGEMENT OFFICE
<br />10/06
<br />Page 5
<br />3. If the recipient expends less than $500,000 in state financial assistance in its fiscal year, an audit conducted in
<br />accordance with the provisions of Section 215.97, Florida Statutes, is not required. However, if the recipient
<br />elects to have audit conducted in accordance with the provisions of Section 215.97, Florida Statutes, the cost of
<br />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
<br />recipient's resources obtained from other than State entities).
<br />4. State awards are to be identified using the Catalog of State Financial Assistance (CSFA) title and number, award
<br />number and year, and name of the state agency awarding it.
<br />Part 111 -Other Audit Requirements: The recipient shall follow up and take corrective action on audit findings.
<br />Preparation of a Summary Schedule of, Prior Year Audit Findings, including corrective action and current status of the
<br />audit 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 completed or the
<br />dispute is resolved. Access to project records and audit work papers shall be given to the Department, the Department of
<br />Financial Services, and the Auditor General. This section does not limit the authority of the Department to conduct or
<br />arrange for the conduct of additional audits or evaluations of state financial assistance or limit the authority of any other
<br />state official.
<br />Part IV - Report Submission:
<br />1. Copies of financial 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), OMB Circular A-
<br />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(es):
<br />Barbara Handrahan-District LAP Administrator, 3400 W. Commercial Blvd., Ft. Lauderdale, FL 33309-
<br />3421
<br />b) The Federal Audit Clearinghouse designated in OMB Circular. A-133, as revised (the number of copies
<br />required by Sections .320 (d)(1) and (2), OMB Circular A-133, as revised), 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 (f), OMB Circular
<br />A-133, as revised.
<br />In the event that a copy of the financial reporting package required by Part I of this Agreement and conducted in
<br />accordance with OMB Circular A-133, as revised, is not required to be submitted to the Department for reasons
<br />pursuant to Section .320 (e)(2), OMB Circular A-133, as revised, the recipient shall submit the required written
<br />notification pursuant to Section .320 (e)(2) and a copy of the recipient's audited Schedule of Expenditures of
<br />Federal Awards directly to each of the following:
<br />Barbara Handrahan-District LAP Administrator, 3400 W. Commercial Blvd., Ft. Lauderdale, FL 33309-
<br />3421
<br />In addition, pursuant to Section .320 (f), OMB Circular A-133, as revised, the recipient shall submit a copy of the
<br />financial reporting package described in Section .320 (c), OMB Circular A-133, as revised, and any Management
<br />Letters issued by the auditor, to the Department at each of the following addresses:
<br />Barbara Handrahan-District LAP Administrator, 3400 W. Commercial Blvd., Ft. Lauderdale, FL 3309-
<br />3421 or person designated by District.)
<br />
|