FAC Explorer

Audit 449

FY End
2023-06-30
Total Expended
$8.48M
Findings
0
Programs
3
Organization: Franklin Regional Transit Authority (MA)
Year: 2023 Accepted: 2023-10-18
Auditor: Adelson & Company PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
20.526 Buses and Bus Facilities Formula, Competitive, and Low Or No Emissions Programs $6.00M Yes 0
20.509 Formula Grants for Rural Areas and Tribal Transit Program $1.46M - 0
20.500 Federal Transit_capital Investment Grants $108,067 Yes 0

Contacts

Name Title Type
U6F3HP4KH4J9 Tina Cote Auditee
4137742262 David M. Irwin, CPA Auditor
No contacts on file

Notes to SEFA

Accounting Policies: EXPENDITURES REPORTED ON THE SCHEDULE ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. 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. De Minimis Rate Used: N Rate Explanation: THE AUDITEE DID NOT USE THE DE MINIMIS COST RATE.