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Page 7 of 9 <br />OR Audited Financial <br />Statements in compliance <br />With GAO/GAS (i.e: Yellow Book) <br />:• $500,00+ in State Audited Flnanciai Statements May use State <br />funds AND Federal in compliance with GAO/GAS funds but NOT <br />through funds in an (i.e. Yellow Book) Federal funds <br />amount less than <br />$500,000 <br />.• $500,00+ in State Audited Financial Statements May use State <br />funds AND $500,000+ in compliance with GAOlGAS AND Federal <br />in Federal pass (I.e. Yellow Book) Funds <br />through funds <br />(I.e. at least $1 <br />million in funding) <br />Less than $500,00+ in Audited Financial Statements May use Federal <br />State funds AND In compliance with GAO/GAS funds but NOT State <br />$500,000 In Federal (I.e. Yellow Book) funds <br />pass through funds <br />It is further understood that the County is responsible to the Council for clarifying any audit <br />exceptions that may arise from any assessment, Agency single or financial audit, or audits <br />Conducted by the State or Federal Govemmenis. In the event the Council or the North <br />Carollna Department of Health and Human Services disallows any expenditure of grant <br />funds made by the County for any reason, the County shall prompty reimburse such funds <br />to the Council. The Council may also withhold future payments under this or any other <br />contract with the County until the audit exceptions are cleared. <br />24. <br />Disputes and Appeals. Any dispute concerning a question of fact arising under this Agreement <br />shall be Identified to the designated contract administrator for the Area Agency on Aging. In <br />accordance with Lead Regional Organization (LRO) polby, a wriUen decision shall be promptly <br />furnished to the designated grant administrator for the County. The dedslon of the LRO is final <br />unless within twenty (20) days of receipt of such decision the County furnishes a written <br />request for appeal to the Director of the North Carollna Division of Aging and Adult Servioes, <br />with a copy sent to the Area Agency on Aging. The request for appeal shall state the exact <br />nature of the complaint. The Division of Aging and Aduk Services will inform the Counly of its <br />appeal procedures and will inform the Area Agency that an appeal has been filed. The <br />appeals process of the Division of Aging and Adult Services thereafter will determine <br />~-3 <br />