Effective October 1, 2024, the Single Audit Report (SAR) package submission threshold has been increased from equal to or greater than $750,000 to equal to or greater than $1,000,000 in total federal grant expenditures in a subrecipient’s fiscal year. This updated regulation impacts subrecipients (local public agencies, federally-recognized tribes, and nonprofits) of federal funding passed-through Caltrans whose fiscal year ends on or after October 1, 2024.
Effective October 1, 2024, the USDOT finalized a rule making to increase the de minimis rate from 10% to 15%. Local Public Agencies that request a de minimis rate on or after October 1, 2024, for periods covering on or after October 1, 2024, may receive an accepted de minimis rate of 15%.
Office Bulletin #24-04 can be accessed on the California Department of Transportation, Division of Local Assistance (DLA) Office Bulletin webpage.
For questions regarding Office Bulletin #24-04, contact Division of Local Assistance, Program Reviews & Outreach Branch Manager Daniel Burke.
