FAC Explorer

Audit 35049

FY End
2022-06-30
Total Expended
$1.01M
Findings
0
Programs
2
Organization: South Central Regional Transit District (NM)
Year: 2022 Accepted: 2023-03-30
Auditor: Beasley Mitchell & CO

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
20.509 Formula Grants for Rural Areas and Tribal Transit Program $915,409 Yes 0
20.526 Buses and Bus Facilities Formula, Competitive, and Low Or No Emissions Programs $97,184 - 0

Contacts

Name Title Type
E46EK4C41Y25 Adam Shea Auditee
9152706388 Dahlia Garcia Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the South Central Regional Transit District's for the year ended June 30, 2022 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule only presents a selected portion of the operations of the District, it is not intended to and does not present the financial position or changes in net position of the South Central Regional Transit District's. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.