On February 18, 2022, the Caltrans Independent Office of Audits & Investigations issued a final audit report for the Transportation Agency of Monterey County (TAMC). The audit covered TAMC’s Indirect Cost Allocation Plan for fiscal years 2020-21 and 2021-22. The final audit report resulted in no findings and agreed with the submitted indirect cost rates.
The Division of Local Assistance commends the Transportation Agency of Monterey County for submitting accurate Indirect Cost Allocation Plans and receiving an audit without findings!