The purpose of the audits is to confirm that the Transportation Agency for Monterey County is operating in compliance with requirements of the Transportation Development Act law in administration of funds entrusted to the Agency by the state, and also to confirm that the Agency and its member agencies’ to whom the Agency passed through Transportation Development Act funds last year have accounting practices that are in accord with standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. The audits also confirm the Agency and member agencies compliance with Ordinance 2016-01 (Measure X).
Moss, Levy & Hartzheim, Certified Public Accountants, completed the following audits for fiscal year ending June 30, 2017:
- Transportation Agency for Monterey County Regional Transportation Planning Agency compliance and fiscal audit, including audits of the Agency Trust Funds - Local Transportation Fund, State Highway Account Fund, State Transit Assistance Fund, Regional Surface Transportation Fund and the Transportation Safety & Investment Plan Account (Measure X).
- Transportation Development Act Article 3 (Bicycle and Pedestrian Projects) & 8 (Streets and Roads Projects) non-transit claimants for the following jurisdictions:
- County of Monterey, Department of Public Works
- City of Seaside
A Single Audit Report is required for any agency receiving more than $750,000 in federal funds. In FY 2016/17, a Single Audit Report was not done as the agency received less than $750,000.
For all of the audits completed for the year ending June 30, 2017, the auditors found no instance of noncompliance that is required to be reported under Government Auditing Standards, nor did they note any matters involving the internal control over financial reporting and its operation that they consider to be material weaknesses.
Attached with this report are summary tables from the Agency audit for the 12 months ending June 30, 2017. The audits are also available on the Agency website: www.tamcmonterey.org/information/audits/index.html.