07-1818 FRDAP Lake Concord/Anniversary Park, Phase II

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PART II: STATE FUNDED This part is applicable if the recipient is a nonstate entity as defmed by Section 215.97(2)(m), Florida Statutes. 1. In the event that the recipient expends a total amormt of state [mandai assistance equal to or in excess of $500,000 in any fiscal year of such recipient, the recipient must have a State single or project-specific audit for such fiscal year in accordance with Section 215.97, Florida Statutes; applicable rules of the Department of Financial Services; and Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for-profit organizations), Rules of the Auditor General. EXHIBIT I to this Agreement indicates state finanCial assistance awarded through the Department of Environrnental Protection by this Agreement. In determining the state fmancial assistance expended in its fiscal year, the recipient shall consider all sources of state financial assistance, including state financial assistance received from the Department of Environmental Protection, other state agencies, and other nonstate entities. State financial assistance does not include Federal direct or pass-through awards and resources received by a nonstate entity for Federal program matching requirements. 2. In connection with the audit requirements addressed in Part II, paragraph I; the recipient shall ensure that the audit complies with the requirements of Section 215.97(7), Florida Statutes. This includes submission of a financial reporting package as defined by Section 215.97(2), Florida Statutes, and Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for-profit organizations), Rules of the Anditor General. 3. If the recipient expends less than $500,000 in state fmancial assistance in its fiscal year, an audit conducted in accordance with the provisions of Section 215.97, Florida Statutes, is not required. In the event that the recipient expends less than $500,000 in state financial assistance in its 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 non-state entity's resources (i.e., the cost of such an audit must be paid from the recipient's resources obtained from other than State entities). 4. For information regarding the Florida Catalog .of State Financial Assistance (CSFA), a recipient should access the Florida Single Audit Act website located at httos://aoos.fldfs.comlfsaa for assistance. In addition to the above websites, the following websites may be accessed for information: Legislature's Website at htto://www.leg.state.fl.us/We1come/index.cfuJ. State of Florida's website at htto:l/www.mvflorida.coml, Department of Financial Services' Website at htto:/lwww.fldfs.coml and the Auditor General's Website at htto:l/www.state.fl.us/audgen. PART 1II: OTHER AUDIT REQUIREMENTS (NOTE: This part would be used to specify any additional audit requirements imposed by the State awarding entity that are solely a matter of that State awarding entity's policy (i.e., the audit is not required by Federal or State laws and is not in conflict with other Federal or State audit requirements). Pursuant to Section 215.97(8), Florida Statutes, State agencies may conduct or arrange for audits of State financial assistance that are in addition to audits conducted in accordance with Section 215.97, Florida Statutes. In such an event, the State awarding agency must arrange for funding the full cost of such additional audits.) PART IV: REPORT SUBMISSION 1. Copies of reporting packages for audits conducted in accordance with OMB Circular A-133, as revised, and required by PART I of this Attachment shall be submitted, when required by Section .320 (d), OMB Circular A-133, as revised, by or on behalf of the recipient directlv to each of the following: DEP 55-215 (02/07) PEP Agreement No. F8213, Attachment 1, Page 2 of 5