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DocuSign Envelope ID: 56861973-E58E-4AEC-A8C0- 4A169D2F" STATE OF Ft ORIDA DEPARTMENT OF TPANSPOR 1AIION Fonn 72"0041 PUBLIC TRANSPORTATION sTrE IC N DEYEtOPMENT GRANT AGREEMENT occ 07122 i. In the event the Agency meets the audit threshold requirements established by Section 215.97, Florida Statutes.. the Agency must have a State single or project - specific audit conducted for such fiscal year in accordance with Sectlon.215,97, Florida Statutes; applicable rules of the Department of Financial Serves; and Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and 'W -profit organizations), Rules of the Auditor General Exhibit "G", Audit Requirements for Awards of State Financial Assistance, to this Agreement indicates state financial assistance awarded through the Department by this Agreement needed by the Agency to further comply with the requirements of Section 215.97, Florida Statutes In determining the state financial assistance expended in a fiscal year, the Agency shall consider all sources of state financial assistance, including state financial assistance received from the Department by this Agreement. other state agencies, and other nonstate ent ties State financial assistance Coes not include Federal direct or pass-through awards and resources received by a nonstate entity for Federal program matching requirements. ii. In connection with the audit requirements, the Agency shall ensure that the audit complies with the requirements of Section 216.97.j8.), Florida Statutes. This includes submission of a financial reporting package as defined by Section 215.97(2)(e), Florida Statutes, and Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for-profit organizations), Rules of the Auditor General Iii. In the event the Agency does not meet the audit threshold requirements established by Section 215.97, Florida Statutes, the Agency is exempt for such fiscal year from the state single audit requirements of Section 215.97, Florida Statutes. However. the Agency must provide a single audit exemption statement to the Department at FDOTSing;eAuditpdot.state flus no later than nine morths after the end of the Agency's audit period for each applicable audit year. In the event the Agency does not meet the audit threshold requirements established by Section 21.5.97, Florida Statutes, in a fiscal year and elects to have an audit conducted in accordance with the provisions of Section 215.97, Florida Statutes, the cost of the audit must be paid from the Agency's resources (1A, the cost of such an audit must be paid from the Agency's resources obtained from other than State entities) iv. In accordance with Chapters 10.550 (local governmental entities) or 10.650 (profit wW fW-profit organization4..Rutes of the Auditor General, copies of financial reporting packages required by this Agreement shall be submitted to: Florida Department of Transportation Office of Comptroller, MS 24 605 Suwannee Strut Tallahassee, Ftp 32399-x405 F DOTSingIeAudit§dot state. fl_ us And State of Florida Auditor General Local Government Audits/342 111 West Madison Street, Room 401 Tallahassee, FL 32399-1450 Email: flaudgen localaovtaaud state flus V. Any copies of financial reporting packages, reports, or other information required to be submitted to. Department shall be submitted timely in accordance with Section 215,97, Florida Statutes, and Chapters 10.550 (local governmental entities) or '161850 (nonprofit and for-profit organizations), Rules of the Auditor General, as Page 1 ^ of 24 103 i