FAC Explorer

Audit 298446

FY End
2023-09-30
Total Expended
$3.95M
Findings
0
Programs
5
Organization: Alabama State Port Authority (AL)
Year: 2023 Accepted: 2024-03-27
Auditor: Warren Averett LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.251 Economic Development Initiative, Community Project Funding, and Miscellaneous Grants $1.80M Yes 0
21.325 Consolidated Rail Infrastructure and Safety Improvements $1.09M Yes 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $852,757 - 0
87.051 Gulf Coast Ecosystem Restoration Council Comprehensive Plan Component Program $149,642 - 0
97.056 Port Security Grant Program $53,727 - 0

Contacts

Name Title Type
HS97F2C9NME3 Chris Ransom Auditee
2514417209 Jeri S Groce Auditor
No contacts on file

Notes to SEFA

Title: 3. SUBRECIPIENTS Accounting Policies: 1. BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Alabama State Port Authority (the Authority) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). De Minimis Rate Used: N Rate Explanation: 2. INDIRECT COST RATES The Authority did not elect to charge a de minimis rate of 10% for all federal awards. The Authority did not pass through any portion of the amounts reported on the Schedule of Expenditures of Federal Awards to subrecipients.