AGENDA MEMORANDUM

 

 

Meeting Date:           October 9, 2006

 

From:                          Charlie Weller, Airport Manager

 

Subject:                      Florida Single Audit Act procedures related to airport grant funding

 

 

Staff Recommendation:

 

Staff recommends acknowledgement of the Florida Single Audit Act procedures related to grant funding at the Leesburg Regional Airport.

 

Analysis:

 

As of January 1, 2004, Florida Statutes regarding the Florida Single Audit Act (FSAA) were revised to require that certain audit procedures and language be included in every grant that was issued by Florida Department of Transportation (FDOT). The revisions include the following:

 

  1. Increases the FSAA reporting threshold amount from $300,000.00 to $500,000.00
  2. Provides contact information for the Department’s Program Manager (in this case Mr. Jim Wikstrom, FDOT), who shall be the recipient of the local agency’s (the City of Leesburg) Financial Reporting Package.
  3. Requires the Department (FDOT) to provide the state and/or federal funding resource information and program compliance requirements the City.

 

There are three aviation grants open at this time that will be subject to the new language and audit requirements.  They are the Air Traffic Control Tower, Corporate Block Hangars, and Sealcoat and Restripe Apron projects. 

 

The City of Leesburg Accounting Department currently conforms to the Florida Single Audit Act.

 

Options:

1.  Approve the acknowledgment of the Florida Single Audit Act as it relates to current airport projects.

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact

 

The approval of this document has no fiscal impact on the City of Leesburg.

 

Submission Date and Time:    10/5/2006 2:59 PM____

 

Department: ____Airport____________

Prepared by:  ____Charlie Weller ______                     

Attachments:         Yes_X___   No _____

Advertised:   ____Not Required __X___                     

Dates:   __________________________                      

Attorney Review :       Yes_X_  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. ____wp______________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager _________RS__________

 

Account No. ______N/A________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________


 

RESOLUTION NO._______________

 

A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA AUTHORIZING THE MAYOR AND CITY CLERK TO ACKNOWLEDGE THE APPLICABILITY OF THE FLORIDA SINGLE AUDIT ACT TO THE JOINT PARTICIPATION AGREEMENTS BETWEEN THE CITY OF LEESBURG AND THE FLORIDA DEPARTMENT OF TRANSPORTATION RELATED TO FUNDING FOR THE AIR TRAFFIC CONTROL TOWER, CORPORATE BLOCK HANGARS AND SEALCOAT AND RESTRIPE APRON PROJECTS AT THE LEESBURG REGIONAL AIRPORT; AND PROVIDING AN EFFECTIVE DATE.

 

BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:

 

            THAT the Mayor and City Clerk are hereby authorized to execute an acknowledgement with the Florida Department of Transportation whose address is 719 S. Woodland Blvd. MS 4-549, Deland, Florida 32702 regarding the applicability of the Florida Single Audit Act to the Joint Participation Agreements between the City of Leesburg and the Florida Department of Transportation related to funding for the Air Traffic Control Tower, Corporate Block Hangars and Sealcoat and Restripe Apron projects at the Leesburg regional airport.

 

             THAT this resolution shall become effective immediately.

 

PASSED AND ADOPTED by the City Commission of the City of Leesburg, Florida, at a regular meeting held the __9th___ day of _October________ 2006

 

 

 

                                                                            __________________________

                                                                             Mayor

 

ATTEST:

 

 

__________________________

City Clerk