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In the event the Agency meets the audit threshold requirements established by
<br />Section 215.97, Florida Statutes, the Agency 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 "G", Audit Requirements for
<br />Awards of State Financial Assistance, to this Agreement indicates state financial
<br />assistance awarded through the Department by this Agreement needed by the
<br />Agency to further comply with the requirements of Section 215.97, Florida Statutes.
<br />In determining the state financial assistance expended in a fiscal year, the Agency
<br />shall consider all sources of state financial assistance, including state financial
<br />assistance received from the Department by this Agreement, other state agencies,
<br />and other nonstate entities. State financial assistance does not include Federal direct
<br />or pass-through awards and resources received by a nonstate entity for Federal
<br />program matching 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 />FDOTSin.gleAudit(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 />FDOTS ingleAuditadot.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 localgovt(d)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 />Page 11 of 24
<br />A TRUE COPY
<br />CERTIFICATION ON LAST PAGE
<br />J.R. SMITH, CLERK
<br />STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION
<br />Form 725.000-01
<br />PUBLIC TRANSPORTATION
<br />STRATEGIC
<br />DEVELOPMENT
<br />GRANT AGREEMENT
<br />OGc07/22
<br />In the event the Agency meets the audit threshold requirements established by
<br />Section 215.97, Florida Statutes, the Agency 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 "G", Audit Requirements for
<br />Awards of State Financial Assistance, to this Agreement indicates state financial
<br />assistance awarded through the Department by this Agreement needed by the
<br />Agency to further comply with the requirements of Section 215.97, Florida Statutes.
<br />In determining the state financial assistance expended in a fiscal year, the Agency
<br />shall consider all sources of state financial assistance, including state financial
<br />assistance received from the Department by this Agreement, other state agencies,
<br />and other nonstate entities. State financial assistance does not include Federal direct
<br />or pass-through awards and resources received by a nonstate entity for Federal
<br />program matching 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 />FDOTSin.gleAudit(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 />FDOTS ingleAuditadot.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 localgovt(d)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 />Page 11 of 24
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