REPORT
TO SHASTA COUNTY RTPA
|
SUBJECT |
|
MEETING DATE |
ITEM NUMBER |
|
Accept TDA
Fiscal and Compliance Audits for Year Ended June 30, 2003 |
2/24/04 |
3-4 |
|
RECOMMENDATION
It is recommended that the Agency:
1)
Authorize the
Executive Officer to accept fiscal and compliance audits, and management letter
for the fiscal year ending June 30, 2003.
SUMMARY
In accordance with the rules and
regulations governing the Transportation Development Act (TDA) and State and
Federal planning funds, annual fiscal and compliance audits must be completed
for the Transportation Planning Agency and each claimant. These audits have been completed for fiscal
year 2002/2003. The Auditors have
issued an unqualified or Aclean@ opinion for all the audits performed.
Additionally, we are pleased to report
there are no current year findings and recommendations.
The provisions of the California Public
Utilities Code and the Code of Regulations, and the joint Federal planning
regulations require annual fiscal and compliance audits of the Local
Transportation Fund, the State Transit Assistance Fund, the Transportation
Planning Agency, and all claimants for TDA funds. The audits for fiscal year 2002/2003 have been completed and
submitted as follows:
Regional
Transportation Planning Agency - MPO Fund
Regional
Transportation Planning Agency – MPO Single Audit
Regional
Transportation Planning Agency - State Transit
Assistance Fund
Regional
Transportation Planning Agency - Local
Transportation Fund
Shasta County
- Transportation Development Act Funds
Consolidated
Transportation Services Agency
City of
Redding - Transportation Development Act Funds
City of
Shasta Lake - Transportation Development Act Funds
Redding Area
Bus Authority - Transportation Development Act
and Federal Funds.
There were no findings or
recommendations reported in the current year fiscal and compliance audits. In the interest of reducing the bulk of the
agenda packet, copies of the audits are not included. They are available for inspection upon request.
The City of Anderson has not completed
their 2002/2003 fiscal audit. The audit
is expected to be received by March 1, 2004.
There are no identified alternatives to
the Staff recommendation.
OTHER AGENCY INVOLVEMENT
The audits have been forwarded to the
State Controller’s Office.
FINANCING
The submittal of the fiscal audit will
have no financial impact.
________________________________________
Daniel J. Kovacich, Executive Officer
SLC/jac