Notes to SEFA
Title: All Grants
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 auditee did not use the de minimis cost rate.
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: State Toll Revenue Credits
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 auditee did not use the de minimis cost rate.
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 RevenueAward Credits AppliedGrant Amount during Fiscal 2022FL-2017-001 $ 17,609,919 $ 85,120FL-2017-013 8,209,682 37,948FL-2017-039 26,103,204 303,058FL-2018-113 26,116,978 757,986FL-2019-010 7,106,587 311,285FL-2019-030 27,293,251 2,372,256FL-2020-006 27,306,428 792,041FL-2020-048 617,206 635FL-2022-040 53,462,283 1,196,527FL-90-X858 25,317,482 6,124Total $ 219,143,020 $ 5,862,980