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PUBLIC TRANSPORTATION DEVELOPMENT <br /> GRANT AGREEMENT occozns <br /> with the requirements of Section 215.97, Florida Statutes. In determining the state <br /> financial assistance expended in a fiscal year, the Agency shall consider all sources <br /> of state financial assistance, including state financial assistance received from the <br /> Department by this Agreement, other state agencies, and other nonstate entities. <br /> State financial assistance does not include Federal direct or pass-through awards <br /> and resources received by a nonstate entity for Federal program matching <br /> requirements. <br /> ii. In connection with the audit requirements, the Agency 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 /> iii. In the event the Agency does not meet the audit threshold requirements established <br /> by Section 215.97, Florida Statutes, the Agency is exempt for such fiscal year from <br /> the state single audit requirements of Section 215.97, Florida Statutes. However,the <br /> Agency must provide a single audit exemption statement to the Department at <br /> FDOTSingleAudit(a.dot.state.fl.us no later than nine months after the end of the <br /> Agency's audit period for each applicable audit year. In the event the Agency does <br /> not meet the audit threshold requirements established by Section 215.97, Florida <br /> Statutes, in a fiscal year and elects to have an audit conducted in accordance with <br /> the provisions of Section 215.97, Florida Statutes, the cost of the audit must be paid <br /> from the Agency's resources (i.e., the cost of such an audit must be paid from the <br /> Agency's resources obtained from other than State entities). <br /> iv. In accordance with Chapters 10.550 (local governmental entities) or 10.650 <br /> (nonprofit and for-profit organizations), Rules of the Auditor General, copies of <br /> financial reporting packages required by this Agreement shall be submitted to: <br /> Florida Department of Transportation <br /> Office of Comptroller, MS 24 <br /> 605 Suwannee Street <br /> Tallahassee, Florida 32399-0405 <br /> FDOTSingleAudit(cD.dot.state.fl.us <br /> And <br /> State of Florida Auditor General <br /> Local Government Audits/342 <br /> 111 West Madison Street, Room 401 <br /> Tallahassee, FL 32399-1450 <br /> Email:flaudgen localgovta,,aud.state.fl.us <br /> v. Any copies of financial reporting packages, reports, or other information required to <br /> be submitted to the Department shall be submitted timely in accordance with Section <br /> 215.97, Florida Statutes, and Chapters 10.550 (local governmental entities) or <br /> 10.650 (nonprofit and for-profit organizations), Rules of the Auditor General, as <br /> applicable. <br /> vi. The Agency, when submitting financial reporting packages to the Department for <br /> audits done in accordance with Chapters 10.550 (local governmental entities) or <br /> 10.650 (nonprofit and for-profit organizations), Rules of the Auditor General, should <br /> indicate the date the reporting package was delivered to the Agency in <br /> correspondence accompanying the reporting package. <br /> 66 <br />