iii. In the event the Agency does not meet the audit threshold requirements established

City Commission Regular Meeting · 2026-06-01 · agenda_item

This item concerns a potential exemption from state single audit requirements for an unnamed Agency, based on meeting certain financial thresholds defined by Florida Statutes. The Agency must submit an exemption statement to the Department of Transportation by email if it does not meet these requirements. If the Agency chooses to conduct an audit even without meeting the threshold, the costs must be covered by the Agency's own funds, not state money. This matter is currently under review by the City Commission. No construction or development work is described in this agenda item. Therefore, there are no direct contracting opportunities for local businesses at this time.