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2007-231O
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2007-231O
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r � <br /> Section 215 . 97 , Florida Statutes , is not required . If <br /> the Nonstate entity does not meet the threshold <br /> requiring the state single audit , such Nonstate entity <br /> must meet terms and conditions specified in this written <br /> agreement with the state awarding agency . In the event <br /> that the Recipient expends less than $ 500 , 000 in state <br /> financial assistance in its fiscal year and elects to <br /> have an audit conducted in accordance with the provision <br /> of Section 215 . 97 , F . S . , the cost of the audit must be <br /> paid from the Nonstate entity ' s resources ( i . e . , the <br /> cost of such an audit must: be paid from the Recipient ' s <br /> resources obtained from other than state entities ) . <br /> F . Each state awarding agency shall : <br /> ( 1 ) Provide to a Recipient , information needed by the <br /> Recipient to comply with the requirements of <br /> Section 215 . 97 , F . S . <br /> ( 2 ) Require the Recipient , as a condition of receiving <br /> state financial assistance , to allow the state <br /> awarding agency , the Chief Financial Officer , and <br /> the Auditor General access to the Recipient ' s <br /> records and the Recipient ' s independent auditor ' s <br /> working papers as necessary for complying with the <br /> requirements of <br /> Section 215 . 97 , F . S . The Recipient is required to <br /> maintain sufficient records demonstrating its <br /> compliance with the terms of this agreement for a <br /> period of three years from the date the audit <br /> report is issued , and shall allow the Department of <br /> Agriculture and Consumer Services or its designee , <br /> access to such records upon request . <br /> ( 3 ) Notify the Recipient that Section 215 . 97 , F . S . , <br /> does not limit the authority of the state awarding <br /> agency to conduct or arrange for the conduct of <br /> additional audits or evaluations of state financial <br /> assistance or limit the authority of any state <br /> agency Inspector General , the Auditor General , or <br /> any other state official . <br /> ( 4 ) Be provided by Recipient one copy of each financial <br /> reporting package prepared in accordance with the <br /> requirements of Section 215 . 97 , F . S . The financial <br /> reporting package means the Nonstate entities ' <br /> financial statements , Schedule of State Financial <br /> Assistance , auditor ' s reports , management letter , <br /> Page 5 of 17 <br />
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