FAC Explorer

Audit 56627

FY End
2022-06-30
Total Expended
$2.17M
Findings
0
Programs
3
Organization: Franklin Regional Transit Authority (MA)
Year: 2022 Accepted: 2022-10-16
Auditor: Adelson & Company PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
20.509 Covid-19 Formula Grants for Rural Areas and Tribal Transit Program $601,593 Yes 0
20.500 Federal Transit Capital Investment Grants $281,858 - 0
20.509 Formula Grants for Rural Areas and Tribal Transit Program $152,184 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 PRINCIPLE 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.