FAC Explorer

Audit 38590

FY End
2022-06-30
Total Expended
$20.00M
Findings
0
Programs
6
Organization: Victor Valley Transit Authority (CA)
Year: 2022 Accepted: 2023-02-28
Auditor: Eide Bailly LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
20.507 Federal Transit_formula Grants $14.24M Yes 0
20.509 Formula Grants for Rural Areas and Tribal Transit Program $737,302 - 0
20.526 Buses and Bus Facilities Formula, Competitive, and Low Or No Emissions Programs $26,086 Yes 0
20.513 Enhanced Mobility of Seniors and Individuals with Disabilities $22,511 - 0
20.521 New Freedom Program $16,752 - 0
20.516 Job Access and Reverse Commute Program $1,611 - 0

Contacts

Name Title Type
E329GCABH3Z8 Maged Azer Auditee
7609553578 Jessica Andersen Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of the Victor Valley Transit Authority (VVTA) under programs of the federal government for the year ended June 30, 2022. The information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operation of VVTA, it is not intended to and does not present the financial position, changes in net position, or cash flows of VVTA. Expenditures reported in the schedule are reported on the accrual basis of accounting. When applicable, such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: VVTA has not elected to use the 10% de minimis cost rate.