Audit of Community Annually Redevelopment Trust Each Taxing Authority Redevelopment Agencies Fund Title 2 U.S. Code of Federal Regulations Part 200, Uniform Gilbert Tran, Financial Standards and Reporting Branch, Office of Administrative Federal Financial Management, Office of Management and Budget, All non-Federal entities Requirements, Washington, DC 20503, (202)395-3993 Annually Federal Single Audit that expend $750,000 or Cost Principles, Website: (If threshold met) more of total Federal Report and Audit financial assistance funds Requirements for Uniform Guidance: Federal Awards (Uniform Guidance) All non-state entities that LR Weathermon, Financial Administrator, Bureau of Auditing, Florida (Notice: Threshold change became Annually Florida Single Audit expend $750,000 or more Department of Financial Services (850)413-5627 effective on 7/1/2016 Chapter – (If threshold met) Report of total state financial E-mail: 2016-132, LOF) assistance funds Website: Counties, Municipalities, A statement as to whether the local and Special Districts that governmental entity complied with have an investment policy this law is required to be included in Annual Investment Annually [the officials responsible the Management Letter contained in Training for making investment the local governmental entity’s decisions or chief Annual Financial Audit Report. financial officer] Form DFS-J1-1295 should be completed for all open public deposit accounts and retained by Public Depositor – the public depositor in the event a official custodian of funds Don Stanford, Bureau of Collateral Management, Department of When a local claim must be filed. for a governmental unit Public Deposit Financial Services, (850)413-3360 government responsible for handling Identification & E-mail: opens a public (**) Note: A replacement form must public deposits [i.e., Acknowledgment Website: deposit Counties, Municipalities, be completed and filed when there Form Special Districts account(**) is a merger, acquisition, name The form (DFS-J1-1295) is available at: (Independent & change, or other event which Dependent)] changes the account name, account number, or name of the qualified public depository. Local Government Financial Reporting Requirements Date Activity Applies to: Authority Contact Comments Retirement Plans:
Annually Audit of Redevelopment Trust Fund Community Redevelopment Agencies Each Taxing Authority Annually (If threshold met) Federal Single Audit Report All non-Federal entities that expend $750,000 or more of total Federal financial assistance funds Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) Gilbert Tran, Financial Standards and Reporting Branch, Office of Federal Financial Management, Office of Management and Budget, Washington, DC 20503, (202)395-3993 Website: Uniform Guidance: Annually (If threshold met) Florida Single Audit Report All non-state entities that expend $750,000 or more of total state financial assistance funds LR Weathermon, Financial Administrator, Bureau of Auditing, Florida Department of Financial Services (850)413-5627 E-mail: Website: (Notice: Threshold change became effective on 7/1/2016 – Chapter 2016-132, LOF) Annually Annual Investment Training Counties, Municipalities, and Special Districts that have an investment policy [the officials responsible for making investment decisions or chief financial officer] A statement as to whether the local governmental entity complied with this law is required to be included in the Management Letter contained in the local governmental entity’s Annual Financial Audit Report. When a local government opens a public deposit account(**) Public Deposit Identification & Acknowledgment Form Public Depositor – official custodian of funds for a governmental unit responsible for handling public deposits [i.e., Counties, Municipalities, Special Districts (Independent & Dependent)] Don Stanford, Bureau of Collateral Management, Department of Financial Services, (850)413-3360 E-mail: Website: The form (DFS-J1-1295) is available at: Form DFS-J1-1295 should be completed for all open public deposit accounts and retained by the public depositor in the event a claim must be filed. (**) Note: A replacement form must be completed and filed when there is a merger, acquisition, name change, or other event which changes the account name, account number, or name of the qualified public depository. Local Government Financial Reporting Requirements Date Activity Applies to: Authority Contact Comments Retirement Plans:
Financial_Reporting_Requirements.docx