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<br />provisions of G.S. 143-6.1. Additionally, any nongovernmental <br />entity except a for-profit corporation is subject to the <br />provisions of OMB Circular A-I 33 <br /> <br />A Provider that receives, uses, or expends be,tween fifteen <br />thousand dollars ($15,000) and three hundred thousand dollars <br />($300,000) in state funds annually, except when the funds are <br />for the purchase of goods or services, must file annually with <br />the Department that disbursed the funds a sworn accounting of <br />receipts and exp~nditures of the state funds. This accounting <br />format shall be in the form prescribed by the State Auditor <br />and must be attested to by the treasurer of the Provider and <br />one other authorizing agent of the Provider. The accounting <br />must be filed within six (6) months after the end of the <br />Provider's fiscal year in which the start funds were received. <br />For purposes of the required report, the Provider's fiscal <br />year is used in deteDmining the amount received, used or <br />expended. <br /> <br />A Provider that receives, uses, or expends state funds in the <br />amount of three hundred thousand dollars ($300,000) or more <br />annually, except when the funds are for the purchase of goods <br />or services, must file annually with the State Auditor and the <br />Department, a financial statement in the form and. on the <br />schedule prescribed by the State Auditor. The financial <br />statement must be audited in accordance with standards <br />prescribed by the State Auditor to assure that state funds are <br />used for the purposes provided by law. Providers (except <br />nongovernmental for profit corporations) that expend three <br />hundred thousand dollars ($300,000) or more in federal funds <br />for the fiscal year must have an audit conducted in accordance <br />with the provision of OMB Circular A-I 33. An audit performed <br />in accordance with OMB CircularA-133 will satisfy the <br />reporting requirements identified in G. S. 143-6.1. AUDIT <br />REPORTS SHOULD BE FILED WITH THE STATE AUDITOR AND THE <br />DEPARTMENT'S FISCAL OFFICE WITHIN 30 DAYS AFTER ISSUANCE BY <br />THE AUDITOR BUT NO LATER THAN NINE MONTHS AFTER THE PROVIDER'S <br />FISCAL YEAR. <br /> <br />The State Auditor has audit oversight of every Provider that <br />receives, uses or expends state funds. Such a Provider must, <br />upon request, furnish to the State Auditor for audit all <br />books, records, and other information necessary for the State <br />Auditor to account fully for the use and expenditure of state <br />funds. The Provider must furnish any additional financial or <br />budgetary information requested by the State Auditor. <br /> <br />If the Provider disb~rses or transfers any state funds to other <br />organizations, except for the purchase of goods or services, the <br />Provider shall require such organizations to file with it similar <br />reports and statements as required by (GS. 143-6.1 and the <br />applicable prescribed requirements of the Office of the State <br />Auditor's Audit Advisory #2 including its attachments. If the <br />Provider disburses or transfers any pass-through federal funds <br />received by the State to other organizations, the Provider shall <br />require such organizations to comply with the applicable <br />requirements of OMB Circular A-133. <br /> <br />r= -.~ <br />