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any state agency inspector general,the Auditor General,or any other state official.The COUNTY <br /> shall comply with all audit and audit reporting requirements as specified below. <br /> B. Monitoring <br /> 1. In addition to reviews of audits conducted in accordance with Section 215.97,Florida <br /> Statutes, monitoring procedures to monitor the COUNTY's use of state financial assistance may <br /> include but not be limited to on-site visits by DEPARTMENT staff and/or other procedures <br /> including, reviewing any required performance and financial reports, following up, ensuring <br /> corrective action, and issuing management decisions on weaknesses found through audits when <br /> those findings pertain to state financial assistance awarded through the DEPARTMENT by this <br /> Agreement. By entering into this Agreement,the COUNTY agrees to comply and cooperate fully <br /> with any monitoring procedures/processes deemed appropriate by the DEPARTMENT. The <br /> COUNTY further agrees to comply and cooperate with any inspections, reviews, investigations, <br /> or audits deemed necessary by the DEPARTMENT, the Department of Financial Services (DFS) <br /> or the Auditor General. <br /> i <br /> i <br /> 2. The COUNTY,a nonstate entity as defined by Section 215.97(2)(m),Florida Statutes, <br /> as a recipient of state financial assistance awarded by the DEPARTMENT through this Agreement I <br /> is subject to the following requirements: <br /> a. In the event the COUNTY meets the audit threshold requirements established by <br /> Section 215.97, Florida Statutes, the COUNTY must have a State single or project- <br /> specific audit conducted for such fiscal year in accordance with Section 215.97, <br /> Florida Statutes; applicable rules of the Department of Financial Services; and <br /> Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for-profit <br /> organizations), Rules of the Auditor General. Exhibit D to this Agreement indicates <br /> state financial assistance awarded through the DEPARTMENT by this Agreement <br /> needed by the COUNTY to further comply with the requirements of Section 215.97, <br /> Florida Statutes.In determining the state financial assistance expended in a fiscal year, <br /> the COUNTY shall consider all sources of state financial assistance, including state <br /> financial assistance received from the DEPARTMENT by this Agreement, other state <br /> agencies and other nonstate entities. State financial assistance does not include Federal <br /> direct or pass-through awards and resources received by a nonstate entity for Federal <br /> program matching requirements. <br /> b. In connection with the audit requirements, the COUNTY shall ensure that the audit <br /> complies with the requirements of Section 215.97(8), Florida Statutes. This includes <br /> submission of a financial reporting package as defined by Section 215.97(2)(e), <br /> Florida Statutes, and Chapters 10.550 (local governmental entities) or 10.650 <br /> (nonprofit and for-profit organizations),Rules of the Auditor General. <br /> c. In the event the COUNTY does not meet the audit threshold requirements established <br /> by Section 215.97,Florida Statutes,the COUNTY is exempt for such fiscal year from <br /> Page 9 <br />