Laserfiche WebLink
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 />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 <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 />P115 <br />