FAC Explorer

Audit 352751

FY End
2024-09-30
Total Expended
$48.46M
Findings
0
Programs
9
Organization: Central Florida Regional Transportation Authority D/b/a Lynx (FL)
Year: 2024 Accepted: 2025-04-04
Auditor: Forvis Mazars LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
20.526 Federal Transit Formula Grants $5.09M Yes 0
20.534 Community Project Funding Congressionally Directed Spending $1.56M Yes 0
20.509 Formula Grants for Rural Areas and Tribal Transit Program $661,296 - 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $535,689 - 0
20.507 Federal Transit Formula Grants $272,965 Yes 0
20.500 Federal Transit Formula Grants $222,344 Yes 0
20.200 Highway Research and Development Program $113,370 - 0
20.513 Enhanced Mobility of Seniors and Individuals with Disabilities $30,419 - 0
20.525 Federal Transit Formula Grants $5,397 Yes 0

Contacts

Name Title Type
HX1XKBM5JTK9 Leonard Antmann Auditee
4072546125 Joel Knopp Auditor
No contacts on file

Notes to SEFA

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: Toll Revenue Award Credits Applied Grant Amount during Fiscal 2024 FL-2017-001 $ 1 7,609,919 $ 6 7,417 FL-2017-013 8,209,682 9,594 FL-2017-039 26,103,204 44,151 FL-2018-044 544,233 1,349 FL-2018-113 26,116,978 7 29,843 FL-2019-010 7,106,587 1 71,014 FL-2019-030 27,293,251 3 39,682 FL-2019-038 9,175,850 81 FL-2020-006 27,306,428 3 77,204 FL-2021-044 6,200,000 5 39,064 FL-2022-002 6,385,277 1,271,830 FL-2022-040 53,462,283 4,750,304 FL-2023-056 701,341 3 90,905 FL-2023-058 14,930,000 1 41,368 FL-2024-057 71,480,356 1,676,013 Total $ 302,625,389 $ 10,509,819
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.