AUDIT REPORT FOR PERIOD ENDING 09/30/00
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February 21,2001
Ms. Cynthia E. Goudeau, City Clerk
City Clerk Office
City of Clearwater
Post Office Box 4748
Clearwater, Florida 34618
RE: Transmittal of Tampa Bay Estuary Program Audit Report
Dear Ms. Goudeau:
Enclosed please find one (1) copy of the Tampa Bay Estuary Program Audit Report for the
period ending September 30,2000. This copy is being provided to you to satisfY the requirements
of the Tampa Bay Estuary Program By-Laws.
Should you need further information, please call me.
Sincerely,
/2a1. c%
Richard M. Eckenrod
Executive Director
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CITY CLE~W~i'lprtite'm' . roo 8tb Avenue S.B. . St. petersburg/ FL 33701 . (72.7) 893-2.765 . FAX (72.7) 893-2.767 . SUNCOM 513-9497
POLICY BOARD: HILLSBOROUGH COUNTY, MANATEE COUNTY, PINELLAS COUNTY, CITY OF CLEARWATER, CITY OF ST. PETERSBURG, CITY OF TAMPA,
FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION, SOUTHWEST FLORIDA WATER MANAGEMENT DISTRICT, U.S. ENVIRONMENTAL PROTECTION AGENCY.
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TAMPA BAY ESTUARY PROGRAM
General Purpose
Financial Statements
and
Required Supplementary Information
September 30,2000
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TAMPA BAY ESTUARY PROGRAM
Contents
Pa2e
Report of Independent Certified Public Accountants
2
GENERAL PURPOSE FINANCIAL STATEMENTS
Combined Balance Sheet - All Fund Types and Account Groups
3
Combined Statement of Revenues, Expenditures and Changes in Fund
Balances - All Governmental Fund Types
4
Combined Statement of Revenues, Expenditures and Changes in Fund
Balances - Budget and Actual - General Fund
5
Notes to Financial Statements
6 - 12
REOUIRED SUPPLEMENTARY INFORMATION
Schedule of Expenditures of Federal Awards
13
Notes to Schedule of Expenditures of Federal Awards
14
Report of Independent Certified Public Accountants on Compliance and
on Internal Control Over Financial Reporting Based on an Audit of
General Purpose Financial Statements Performed in Accordance with
Government Auditing Standards
15
Report ofIndependent Certified Public Accountants on Compliance With
Requirements Applicable to each Major Federal Program and Internal
Control Over Compliance in Accordance with OMB Circular A-133
16-17
Schedule of Findings and Questioned Costs
18
Management Letter
19
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Report of Independent Certified Public Accountants
Tampa Bay Estuary Program
St. Petersburg, Florida
We have audited the accompanying general purpose financial statements of the Tampa Bay Estuary
Program (the "Estuary") as of and for the year ended September 30, 2000. These general purpose financial
statements are the responsibility of the Estuary's management. Our responsibility is to express an opinion
on these general purpose financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing standards and the standards
applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller
General of the United States. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the general purpose financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and
disclosures in the general purpose financial statements. An audit also includes assessing the accounting
principles used and significant estimates made by management, as well as evaluating the overall general
purpose financial statement presentation. We believe that our audit provides a reasonable basis for our
oplIDon.
In our opinion, the general purpose financial statements referred to above present fairly, in all material
respects, the financial position of the Tampa Bay Estuary Program as of September 30, 2000, and the
results of its operations for the year then ended in conformity v...ith generally accepted accounting principles.
In accordance with Government Auditing Standards, we have also issued a report dated February 2, 2001
on our consideration of the Tampa Bay Estuary Program's internal control over financial reporting and our
tests of its compliance with certain provisions of laws, regulations, contracts and grants. That report is an
integral part of an audit performed in accordance with Government Auditing Standards and should be read
in conjunction with this report in considering the results of our audit.
Our audit was made for the purpose of fonning an opinion on the general purpose financial statements taken
as a whole. The accompanying schedule of expenditures offederal awards is presented for the purposes
of additional analysis as required by U. S. Office of Management and Budget Circular A-13 3, A udits of .
States, Local Governments, and Non-Profit Organizations, and is not a required part of the general purpose
financial statements. Such information has been subjected to the auditing procedures applied in the audit
of the general purpose financial statements and, in our opinion, is fairly stated, in all material respects, in
relation to the general purpose financial statements taken as a whole.
C4 -;P~' ~ t.t.?
St. Petersburg, Florida
February 2,2001
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General
Fixed
Assets
Account
Group
General
Long-Term
Debt
Account
Group
Totals
(Memorandum Only)
2000 1999
$ $ $ 37,130 $ 64,693
445,267 255,973
38,746 185,738
139,770
3,347 4,459
6,418 6,418
22,413 22,413 16,235
$ 6,418 $ 22,413 $ 693,091 $ 527,098
$ $ $ 76,315 $ 29,992
125,506 39,445
1,219 19,965
22,413 22,413 16,235
22,413 225,453 105,637
6,418 6,418
85,000
376,220 421,461
6,418 467,638 421,461
$ 6,418 $ 22,413 $ 693,091 $ 527,098
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TlMPA BAY ESTUARY PROGRAM I
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Combined Statement of Revenues, Expenditures and Changes
in Fund Balance - All Governmental Fund Types
Year ended September 30, 2000
General
Fund
Revenues
Federal grants $ 419,003
State specialty license plate revenue 19,494
Member dues/contributions 313,360
F ees/ contracts 19,581
Interest income 24,703
Other revenues 30,110
Total revenues 826,251
Expenditures
Current
Physical environment - conservation
and resource management 663,099
Physical environment - other 116,975
Capital outlays 6,418
Total expenditures 786,492
Excess of revenues over expenditures 39,759
Fund balance at beginning of year
Prior period adjustment 421,461
Fund balance at end of year $ 461,220
See notes to financial statements.
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T1MPABAYESTUARYPROGRAM I
Combined Statement of Revenues, Expenditures and Changes
in Fund Balance - Budget and Actual - General Fund
Year ended September 30,2000
Variance
Favorable
Budget Actual (Unfavorable)
Revenues
Federal grants $ 455,662 419,003 $ (36,659)
State specialy license plate revenue 19,494 19,494
Member dues/contributions 404,632 313,360 (91,272)
F ees/ contracts 19,581 19,581
Interest income 24,703 24,703
Other revenues 30,110 30,110
Total revenues 860,294 826,251 (34,043)
Expenditures
Current
Physical environment - conservation
and resource management 727,501 663,099 64,402
Physical environment - other 127,793 116,975 10,818
Capital outlay 5,000 6,418 (1,418)
Total expenditures 860,294 786,492 73,802
Excess of revenues over expenditures $ 39,759 $ 39,759
Fund balance at beginning of year
Prior period adjustment 421,461
Fund balance at end of year $ 461,220
See notes to financial statements.
)AMPA BAY ESTUARY PROGRAM I
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Notes to Financial Statements
September 30, 2000
Note 1 - Summary of significant accounting policies
The financial statements of the Tampa Bay Estuary Program (the "Estuary") have been designed to
conform to generally accepted accounting principles as applicable to governmental units. The
Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for
establishing governmental accounting and financial reporting principles. The following is a sununary
of the significant accounting policies.
Reporting entity
In evaluating how to define the Estuary for financial reporting purposes, management has considered
all potential component units. The decision to include a potential component unit in the reporting
entity was made by applying the criteria set forth in Generally Accepted Accounting Principles
(GAAP). The basic --but not the only-criterion for including a potential component unit within the
reporting entity is the governing body's ability to exercise oversight responsibility. The most
significant manifestation ofthis ability is financial interdependency. Other manifestations of the ability
to exercise oversight responsibility include, but are not limited to, the selection of governing
authority, the designation of management, the ability to significantly influence operations and
accountability for fiscal matters. The other criterion used to evaluate potential component units for
inclusion or exclusion from the reporting entity is the existence of special financing relationships,
regardless of whether the Estuary is able to exercise oversight responsibilities. Based upon the
application of these criteria, no potential component units were identified.
Fund accounting
A governmental accounting system must make it possible (1) to show that all applicable legal
provisions have been complied with, and (2) to determine fairly and with full disclosure, the financial
position and results of financial operations of the funds and account groups of the Estuary. In order
to accomplish these objectives, the Estuary's accounting records are organized and operated on a
fund basis. A fund is a fiscal and accounting entity, with a self-balancing set of accounts for recording
cash and other financial resources, together with all related liabilities and residual equities, or
balances, and changes therein, which are segregated for the purpose of carrying on the specific
activities, or attaining certain objectives, in accordance with special regulations, restrictions or
limitations.
The following types of funds and account groups are used in accounting for the financial operations
of the Estuary.
Governmental Fund Type
General Fund - To account for all financial resources except those accounted for in another fund.
I TAMPA BAY ESTUARY PROGRAL
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Notes to Financial Statements - continued
September 30,2000
Note 1 - Summary of significant accounting policies, continued
Account Group
General Fixed Assets Account Group - To account for general fixed assets acquired for use in
Estuary general activities.
General Long-Term Debt Account Group - To account for the liabilities for compensated absences.
Organization
The Estuary is a tax exempt association of cities, counties and other nonfederal agencies which is
organized to achieve the goals adopted in the Comprehensive Conservation and Management Plan
for Tampa Bay through detailed action plans prepared by each member agency of the association.
The Estuary was established by interlocal agreement February 28, 1998 pursuant to the authority of
Section 163.01, Florida Statutes. The basic operations of the Estuary, as reflected in the
accompanying statement of revenues and expenditures, are financed primarily through grants from
the Environmental Protection Agency and member dues/contributions from the member cities and
counties and five Basin Boards of the Southwest Florida Water Management District.
Basis of accounting
The accounting and financial reporting treatment applied to a fund is determined by its measurement
focus. All governmental fund types are accounted for using a current financial resources
measurement focus. With this measurement focus, only current assets and current liabilities generally
are included on the balance sheet. Operating statements of these funds present increases (i.e.,
revenues and other financing sources) and decreases (i.e., expenditures and other financing uses) in
net current assets.
The general fund utilizes the modified accrual basis of accounting. Under this method, revenues are
recorded when received, except for those susceptible to accrual, which are recognized when
measurable and available to finance current operations. Expenditures are recorded when the fund
liability is incurred, if measurable.
Funds received from government grants are refundable if they are not expended, therefore the Estuary
recognizes grant revenue as expenditures are incurred.
Investments
Investments are recorded at market, except for amounts invested with the State Board of
Administration's Local Government Surplus Funds Trust Fund, a 2a7-like investment pool, which
are recorded at amortized cost, which approximates market.
AMP A BAY ESTUARY PROGRAM I
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Notes to Financial Statements - continued
September 30,2000
Note 1 - Summary of significant accounting policies - continued
Budgeting
The annual budget is prepared on a basis consistent with generally accepted accounting principles.
A tentative budget is adopted by the Policy Board after appropriate public hearing in June of each
year covering the proposed operations and requirements for the ensuing fiscal year. By September
30 the Policy Board after appropriate public hearing adopts the final budget.
Estimates
The preparation of financial statements in conformity with generally accepted accounting principles
requires management to make estimates and assumptions that affect the reported amounts of assets
and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements
and the reported amounts of revenues and expenses during the reporting period. Actual results could
differ from those estimates.
Fixed Assets
Fixed assets purchased from General Fund revenues are recorded as expenditures in the General Fund
at the time of purchase and capitalized in the General Fixed Assets Account Group at cost.
A summary of changes in general fixed assets follows:
Balance Balance
October 1, September 30,
1999 Additions Deletions 2000
Furniture and
equipment $ $ 6.418 $ $ 6.418
Compensated employee absences
The Estuary policy provides that employees with five years of service become eligible to receive 25%
of accumulated sick leave upon termination and employees with ten years of service become eligible
to receive 50% of accumulated sick leave upon termination. The actual payout of accumulated sick
leave upon termination is limited to the equivalent of 150 hours compensation. Other sick pay benefits
are paid only in the event of actual sickness. The accrual representing vested benefits of$10,435 has
been reflected in the financial statements at September 30,2000.
Vacation pay can be accumulated by an employee up to 1112 times the normal amount earned for one
year and is payable, ifnot used, upon termination. At September 30,2000, accrued vacation payable
totaling $9,555 has been reflected in the financial statements.
I TAMPA BAY ESTUARY PROG~
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Notes to Financial Statements - continued
September 30,2000
Note 1 - Summary of significant accounting policies - continued
The liability for compensated absences includes an accrual for incremental salary-related payments.
These include the Estuary's share of social security and Medicare payroll taxes and the Estuary's
required contribution to the Florida Retirement System. At September 30, 2000 accrued salary-
related payments totaling $2,423 have been reflected in the financial statements.
Accrued compensated absences are recorded in the general long-term debt account group. The
amount expected to be paid from current resources is not significant.
A summary of changes in accrued compensated absences is as follows:
Balance
October 1,
1999
Net
adjustments
and payments
Balance
September 30,
2000
$ 16 235
$ 6.178
$ 22 413
Total column on combined statements
The total column on the combined balance sheet is captioned memorandum only to indicate that it
is presented only to facilitate financial analysis. Data in this column does not present financial
position in conformity with generally accepted accounting principles. Neither is such data comparable
to a consolidation.
Note 2 - Prior period adjustment
During the year ended September 30, 2000, the Estuary reassessed the application of its revenue
recognition criteria. As such it was determined that an additional $421,461 of revenues was both
measurable and available for expenditure at September 30, 1999 resulting in an increase in revenues
over expenditures of this amount for the year ended September 30, 1999. This amount has been
reflected in the accompanying statement of revenues, expenditures and changes in fund balance for
the year ended September 30, 2000 as an adjustment (increase) to beginning of year fund balance.
The balance sheet amounts reflected in the 1999 "Totals (Memorandum Only)" column have also
been restated to reflect the resultant increase in total assets (receivables) of $115,767, decrease in
total liabilities (deferred revenues) of$305,694, and increase in fund balance of $421,461.
Note 3 - Cash and investments
Florida Statutes authorize the Estuary to invest in the State Board of Administration's investment
pool, obligations of the U.S. Treasury and U.S. agencies, and interest-bearing time deposits and
savings accounts in banks and savings and loans provided such deposits are collateralized as described
below.
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TAMPA BAY ESTUARY PROGRAM
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Notes to Financial Statements - continued
September 30,2000
Note 3 - Cash and investments - continued
At September 30, 2000, the carrying amount of the Estuary's deposits with financial institutions
totaled $37,130. All of the Estuary's deposits are held in the Estuary's name in institutions certified
by the State of Florida as qualified public depositories. Florida Statutes require that all depositories
holding public funds collateralize deposits in excess ofF.D.I.C. insurance with the State Treasurer.
Required collateral must be at least equal to the greater of 50 percent of the average daily balance,
for each month, of all public deposits in excess of any applicable deposit insurance held by the
depository during the 12 calendar months immediately preceding the date of any computation, or 50
percent of the public deposits in excess of any applicable deposit insurance held by the depository as
of the date of any computation. The Treasurer may assess other qualified public depositories for a
pro rata share of any loss suffered by a qualified public depositor in excess of its depository's
collateral. Since the Estuary uses only authorized public depositories, all funds deposited with
financial institutions are covered in full.
At September 30,2000, the carrying amount and fair value of the Estuary's investment with the State
Board of Administration's Local Government Surplus Funds Trust Fund totaled $445,267, which is
the same as the value of the pool shares. The State Board of Administration is a three member board
made up of the State elected officials of Governor, Treasurer and Comptroller. .They are empowered
by Florida law to invest funds at the request of local governments. The Local Government Surplus
Funds Trust Fund is governed by Chapter 19-7 of the Florida Administrative Code, which identifies
the Rules of the State Board of Administration. These rules provide guidance and establish the
general operating procedures for the administration of the Local Government Surplus Funds Trust
Fund. Additionally, the Office of the Auditor General performs the operational audit of the activities
and investments of the State Board of Administration.
Note 4 - Lease commitments
The Estuary has entered into an operating lease agreement for office space. Minimum noncancellable
lease commitments, currently extending through February 28,2001, are as follows:
Year Ending
September 30.
2001
$ 8.052
The lease provides for annual renewal options through February 28,2005 with rental rate increases
not to exceed 2.5% per year. Total rental expense for the year ended September 30, 2000 was
$12,960.
Note 5 - Pension plan
All regular Estuary employees are participants in the Florida Retirement System (The System) The
System is a cost-sharing multiple-employer defined benefit plan which is controlled by the State
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Notes to Financial Statements - continued
September 30,2000
Note 5 - Pension plan - continued
Legislature and administered by the State of Florida, Department of Administration, Division of
Retirement.
Benefit provisions are established under Chapter 121, Florida Statutes, which may be amended by the
Florida Legislature. For regular class employees, the System provides for vesting of benefits after
10 years of creditable service. Normal retirement benefits are available to regular class employees
who retire at or after age 62 with 10 or more years of service or who retire after 30 years of
creditable service regardless of age. Early retirement is available any time after vesting with a 5%
reduction of benefits for each year prior to the normal retirement age. Retirement benefits are based
upon age, average compensation and years-of-service credit where average compensation is
computed as the average of an individual's five highest years of earnings. Certain disability and
survivor benefits are also. available from the System.
There are no required contributions from individual plan members. The System funding policy
provides for monthly participating employer contributions at actuarially determined rates that,
expressed as percentages of annual covered payroll are adequate to accumulate sufficient assets to
pay benefits when due. Level percentage of payroll employer contribution rates, established by state
law, are determined using the entry-age actuarial funding method. Future plan benefit changes,
assumption changes, and methodology changes are amortized within 30 years; using level dollar
amounts. Except for gains reserved for rate stabilization, future actuarial gains and losses are
amortized on a rolling 10% basis, as a level dollar amount. Following are the contribution rates prior
to and after rates changes which became effective July 1,2000. The rate applied to regular employee
salaries was 10.15% and 9.15%, respectively. These rates include .94% health insurance subsidy.
Total payroll for the Estuary employees covered by the System and the Estuary's total payroll for the
year ended September 30, 2000 was $232,593.
The Estuary's contributions to the System plan for the years ended September 30, 2000 and
September 30, 1999 were $22,884 and $32,300, respectively. These amounts are equal to the
required contributions for each year. The Estuary recognizes pension expenditures equal to its
required contributions, subject to the modified accrual basis of accounting.
The Estuary has no responsibility to the System other than to make the periodic payments required
by state statutes. Historical trend information showing the System's progress in accumulating
sufficient assets to pay benefits when due is presented in the System's Comprehensive Annual
Financial Report, which may be obtained by writing State of Florida, Division of Retirement, 2639
North Monroe Street, Building C, Tallahassee, Florida 32399-1560 or calling 850-488-5706.
There were no significant changes in actuarial assumptions, benefit provisions, actuarial funding
methods or any other significant factors that affected the Estuary's contributions during the fiscal year
ended September 30,2000.
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TAMPA BAY ESTUARY PROGRAM
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Notes to Financial Statements - continued
September 30,2000
Note 6 - Contingent liabilities
Expenditures incurred by the Estuary associated with the execution of various grants are subject to
audit and possible disallowance by the grantor agency. The Estuary would be held responsible for
recovery (reimbursement to the grantor agency) of disallowed amounts. Management believes that
if audited, any adjustment for disallowed expenses would be immaterial in amount.
Note 7 - Local match requirements
The Estuary received a substantial portion of its support under grant contracts No. CE984274-98,
CE984761-99, X827890-01, and MX974051-00 with the U.S. Environmental Protection Agency.
The above grant contracts require various amounts of local match. During the year ended
September 30,2000 the Estuary satisfactorily met its matching requirements.
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REQUIRED SUPPLEMENTARY INFORMATION
TALpA BAY ESTUARY PROGRAM I
Schedule of Expenditures of Federal Awards
Year ended September 30,2000
Federal Grantor/
Pass through Grantor/
Program Title
u. S. Environmental Protection Agency
Direct Programs
National Estuary Program
Comprehensive Plan Implementation
Comprehensive Plan Implementation
Total Program
Surveys, Studies, Investigations
Air Pollution Control Program, Section 103
Evaluation of Seagrass Disease in Tampa Bay
Gulf of Mexicoffampa Bay Seagrasses
Total Program
Total U.S. Environmental Protection Agency
Total F ederal Awards
* Major Federal Awards Program
Federal
CFDA
Number
Grant!
Contract
Number
66.456 * CE984274-98
66.456 * CE984761-99
66.606
66.606
66.606
X984504-98
X827890-0 1
MX974051-00
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Expenditures
123,564
246,925
370,489
46,211
222
2,081
48,514
419,003
419,003
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TAMPA BAY ESTUARY PROGRAM
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Notes to Schedule of Expenditures of Federal Awards
September 30,2000
Note 1 - Basis of presentation
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Tampa
Bay Estuary Program (the Estuary) and is presented on the modified accrual basis of accounting. The
information in this schedule is presented in accordance with generally accepted accounting principles as
applicable to governmental units and the requirements ofOMB Circular A-l33, Audits of Slates, Local
Govemments, and Non-Profit Organizations.
Note 2 - Contingencies
Expenditures incurred by the Estuary associated with the execution of various grants are subject to audit
and possible disallowance by the grantor agency. The Estuary would be held responsible for recovery
(reimbursement to the grantor agency) of disallowed amounts. Management believes that if audited, any
adjustment for disallowed expenses would be immaterial in amount.
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Report of Independent Certified Public Accountants
On Compliance and on Internal Control Over
Financial Reporting Based on an Audit of
Financial Statements Performed in Accordance
With Government Auditing Standards
Tampa Bay Estuary Program
St. Petersburg, Florida
We have audited the general purpose financial statements of Tampa Bay Estuary Program as of and for the
year ended September 30, 2000, and have issued our report thereon dated February 2, 2001 which was
unqualified. We conducted our audit in accordance with generally accepted auditing standards and the
standards applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States.
Compliance
As part of obtaining reasonable assurance about whether Tampa Bay Estuary Program's financial statements
are free of material misstatement, we petformed tests of its compliance with certain provisions of laws,
regulations, contracts and grants, noncompliance with which could have a direct and material effect on the
determination of financial statement amounts. However, providing an opinion on compliance with those
provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The
results of our tests disclosed no instances of noncompliance that are required to be reported under
Government Auditing Standards.
Internal Control Over Financial Reporting
In planning and performing our audit, we considered Tampa Bay Estuary Program's internal control over
financial reporting in order to determine our auditing procedures for the purpose of expressing our opinion
on the financial statements and not to provide assurance on the internal control over financial reporting. Our
consideration of the internal control over financial reporting would not necessarily disclose all matters in the
internal control over financial reporting that might be material weaknesses. A material weakness is a
condition in which the design or operation of one or more of the internal control components does not
reduce to a relatively low level the risk that misstatements in amounts that would be material in relation to
the financial statements being audited may occur and not be detected within a timely period by employees
in the normal course ofpetforming their assigned functions. We noted no matters involving the internal
control over financial reporting and its operation that we consider to be material weaknesses.
This report is intended for the information of the audit committee, management, federal and state awarding
agencies and pass-through entities and is not intended to be and should not be used by anyone other than
these specified parties.
L4 ~;P.d/. /11~ U,,?
St. Petersburg, Florida
February 2,2001
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Report of Independent Certified Public Accountants
On Compliance with Requirements Applicable to Each
Major Federal Program and Internal Control Over
Compliance In Accordance with OMB Circular A-133
Tampa Bay Estuary Program
St. Petersburg, Florida
Compliance
We have audited the compliance of Tampa Bay Estuary Program with the types of compliance requirements
described in the U.S. Office of Management and Budget (OMB) Circular A-B3 Compliance Supplement
that are applicable to its major federal program for the year ended September 30, 2000. Tampa Bay Estuary
Program's major federal program is identified in the summary of auditors' results section of the
accompanying schedule of findings and questioned costs. Compliance with the requirements of laws,
regulations, contracts and grants applicable to its major federal program is the responsibility of Tampa Bay
Estuary Program's management. Our responsibility is to express an opinion on Tampa Bay Estuary
Program's compliance based on our audit.
We conducted our audit of compliance in accordance with generally accepted auditing standards; the
standards applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States; and OMB Circular A-I3 3, A udi Is of States, Local Govemments,
and Non-Profit Organizations. Those standards and OMB Circular A-B3 require that we plan and
perform the audit to obtain reasonable assurance about whether noncompliance with the types of
compliance requirements referred to above that could have a direct and material effect on a major federal
program occurred. An audit includes examining, on a test basis, evidence about Tampa Bay Estuary
Program's compliance with those requirements and performing such other procedures as we considered
necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion. Our
audit does not provide a legal determination on Tampa Bay Estuary Program's compliance with those
requirements.
In our opinion, Tampa Bay Estuary Program complied, in all material respects, with the requirements
referred to above that are applicable to its major federal program for the year ended September 30,2000.
Internal Control Over Compliance
The management of Tampa Bay Estuary Program is responsible for establishing and maintaining effective
internal control over compliance with requirements of laws, regulations, contracts and grants applicable to
federal programs. In planning and performing our audit,.we considered Tampa Bay Estuary Program's
internal control over compliance with requirements that could have a direct and material effect on a major
federal program in order to determine our auditing procedures for the purpose of expressing our opinion
on compliance and to test and report on internal control over compliance in accordance with orvrn Circular
A-B3.
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Our consideration of the internal control over compliance would not necessarily disclose all matters in the
internal control that might be material weaknesses. A material weakness is a condition in which the design
or operation of one or more of the internal control components does not reduce to a relatively low level the
risk that noncompliance with applicable requirements of laws, regulations, contracts and grants that would
be material in relation to a major federal program being audited may occur and not be detected within a
timely period by employees in the normal course of perfonning their assigned functions. We noted no
matters involving the internal control over compliance and its operation that we consider to be material
weaknesses.
This report is intended for the infonnation of the audit committee, management, federal and state awarding
agencies and pass-through entities and is not intended to be and should not be used by anyone other than
these specified parties.
C4~~/1I~Lt.?
St. Petersburg, Florida
February 2,2001
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TAMPA BAY ESTUARY PROGRAM
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Schedule of Findings and Questioned Costs
September 30,2000
I. Summary of Auditors' Results
A. An unqualified opinion was issued on the general purpose financial statements of Tampa Bay
Estuary Program.
B. Our audit of the general purpose financial statements disclosed no instances of noncompliance
with laws, regulations and the provisions of contracts and grant agreements that is material to
the general purpose financial statements.
C. An unqualified opinion was issued on the Tampa Bay Estuary Program's compliance with the
types of compliance requirements applicable to its major federal programs.
D. Our audit disclosed no audit findings which relate to federal awards.
E. Major federal programs for the Tampa Bay Estuary Program for the fiscal year ended September
30, 2000 are:
Pr02ram Name
CFDA#
National Estuary Program
66.456
F. The threshold for determining Type A programs for Tampa Bay Estuary Program is $300,000.
G. Tampa Bay Estuary Program did not qualifY as a low risk auditee under Section .530 of Circular
No. A-B3.
ll. Findings Related to the Audit of the General Purpose Financial Statements of Tampa Bay
Estuary Program
There were no findings related to the audit of the general purpose financial statements of the Tampa
Bay Estuary Program
ill. Findings and Questioned Costs Related to the Audit of Federal Awards
There were no findings or questioned costs related to the audit offederal awards for the Tampa Bay
Estuary Program
I,
I
I
The Board and Management of the
Tampa Bay Estuary Program
St. Petersburg, Florida
Dear Members and Management:
In planning and performing our audit of the general purpose financial statements of the Tampa Bay Estuary
Program for the year ended September 30, 2000, we considered the Estuary's internal control structure to
determine our auditing procedures for the purpose of expressing an opinion on the general purpose fmancial
statements and not to provide assurance on the internal control structure.
We previously reported on the Estuary's internal control structure in our report dated February 2,2001.
This letter does not affect our report dated February 2,2001, on the general purpose financial statements
of the Tampa Bay Estuary Program.
******
GENERAL COMMENTS REQUIRED BY THE
RULES OF THE AUDITOR GENERAL, CHAPTER 10.550
Tampa Bay Estuary Program was established by interlocal agreement February 27, 1998, pursuant to the
authority of Section 163.01, Florida Statutes.
There were no inaccuracies, shortages, defalcations, fraud, and/or violations oflaws, rules, regulations, and
contractual provisions disclosed nor recommendations proposed in the preceding annual financial audit
report. During the performance of our audit of the general purpose financial statements we found no
reportable instances of the following: violations of laws, rules, regulations and contractual provisions;
improper or illegal expenditures; improper or inadequate accounting procedures; failure to properly record
financial transactions; or other inaccuracies, shortages, and defalcations, and instances offraud. The Tampa
Bay Estuary Program complied with Section 218.415, Florida Statutes (1999) regarding the investment of
public funds. In addition, nothing came to our attention which would indicate that the Tampa Bay Estuary
Program is in a state of financial emergency as defined by Section 218.503(1), Florida Statutes.
The Annual Financial Report has been filed with the Department of Banking and Finance pursuant to
Section 218.32(1 )(a), Florida Statutes for the year ended September 30,2000 and is in agreement with the
audited financial report for the same period.
C4, P...d-,:J/41 t,i..?
St. Petersburg, Florida
. February 2,2001