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and rules of the Auditor General." In determining the State financial assistance expended in its fiscal <br />year, the Recipient shall include all sources of State financial assistance, including State funds received <br />from the Division, other state agencies, and other nonstate entities. State financial assistance does not <br />include Federal direct or pass-through awards and resources received by a nonstate entity for Federal <br />program matching requirements. <br />F. In accordance with section 215.97(8)(f), Florida Statutes, the Recipient shall have all <br />audits completed by an independent auditor, which is defined in section 215.97(2)(i), Florida Statutes, as <br />"an independent certified public accountant licensed under chapter 473." The independent auditor shall <br />state that the audit complied with the applicable provisions noted above. The audit must be received by <br />the Division no later than nine months from the end of the Recipient's fiscal year. <br />G. If an audit shows that all or any portion of the funds disbursed were not spent in <br />accordance with the conditions of this Agreement, then the Recipient shall be held liable for <br />reimbursement to the Division of all funds not spent in accordance with these applicable, regulations and <br />Agreement provisions within thirty days after the Division has notified the Recipient of such non- <br />compliance. <br />H. If the Recipient expends less than $750,000 in State financial assistance in its fiscal <br />year, an audit conducted in accordance with the provisions of Section 215.97, Florida Statutes, is not <br />required.In the event that the Recipient expends less than $750,000 in state financial assistance in its <br />fiscal year and elects to have an audit conducted in accordance with the provisions of Section 215.97, <br />Florida Statutes, the cost of the audit must be paid from the nonstate entity's resources (i.e., the cost of <br />such an audit must be paid from the Recipient's resources obtained from other than State entities). <br />I. As required by section 215.97(5)(d), Florida Statutes, the Recipient shall provide the <br />Division with "one copy of each financial reporting package prepared in accordance with" the <br />requirements of the Florida Single Audit Act. <br />J. As defined by section 215.97(2)(e), Florida Statutes, the term "financial reporting <br />package" means the Recipient's "financial statements, Schedule of Expenditures of State Financial <br />Assistance, auditor's reports, management letter, auditee's written responses or corrective action plan, <br />correspondence on followup of prior years' corrective actions taken, and such other information <br />determined by the Auditor General to be necessary and consistent with the purposes" of the Florida <br />Single Audit Act. <br />K. In addition to the information listed in paragraph 101 above, the financial reporting <br />package shall include a schedule of financial assistance specifically identifying all Agreement and other <br />revenue by sponsoring agency and Agreement number. <br />i L. Copies of financial reporting packages required by the Florida Single Audit Act shall <br />be submitted by or on behalf of the Recipient directly to each of the following: <br />7 <br />