Title: 2
Accounting Policies: The Schedules of Expenditures of Federal Awards and Local and State Financial Assistance are prepared on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Authority did not elect to use the 10 percent de minimis indirect cost rate as permitted by 2 CFR 200.414(f).
All grants subject to the Florida Single Audit Act are included in the Schedule of State Financial Assistance. All grants subject to Single Audit in conformance with Uniform Guidance are included on the Schedule of Expenditures of Federal Awards. Local financial assistance is not subject to Single Audit.
Title: 3
Accounting Policies: The Schedules of Expenditures of Federal Awards and Local and State Financial Assistance are prepared on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Authority did not elect to use the 10 percent de minimis indirect cost rate as permitted by 2 CFR 200.414(f).
The Authority utilized state toll revenue credits received from the Florida Department of Transportation under the following awards to satisfy federal and state matching requirements:
Grant
Award Amount
Toll Revenue Credits Applied during Fiscal 2023
FL-2017-001 $ 17,609,919 $ 73,219
FL-2017-013 8,209,682 130,110
FL-2017-039 26,103,204 283,598
FL-2018-044 544,233 279
FL-2018-113 26,116,978 625,159
FL-2019-010 7,106,587 32,433
FL-2019-030 27,293,251 361,888
FL-2019-038 9,175,850 22,759
FL-2020-006 27,306,428 1,636,622
FL-2020-041 7,102,340 1,408,497
FL-2020-048 617,206 64
FL-2021-044 6,200,000 799,896
FL-2022-040 53,462,283 3,218,902
FL-90-X885 10,360,000 26,554
Total $ 227,207,961 $ 8,619,980
Title: 4
Accounting Policies: The Schedules of Expenditures of Federal Awards and Local and State Financial Assistance are prepared on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Authority did not elect to use the 10 percent de minimis indirect cost rate as permitted by 2 CFR 200.414(f).
Contract services presented on the Schedule of Local Financial Assistance include only those services provided to local governmental units.