<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372P0"><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=70:06:03:02"><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0-000000">70:06:03:02</span></a><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0-000001">.  Audits.</span><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0"> </span><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">Each s</span><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">tate matching fund grantee shall meet all auditing requirements related to their primary federal transit grants. </span><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">Each s</span><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">tate matching fund grantee shall transmit to the department a copy of all audits performed by an independent certified public accountant for that grantee for </span><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">each</span><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0"> time period covered by state matching fund grants. </span><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">Each s</span><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">tate matching fund grantee shall permit auditors of the department to obtain and review all expenditure records related to state matching grants.</span></p><p dir="ltr" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372P0"><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372000002"> </span></p><p dir="ltr" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372P0"><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">    </span><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0-000001">Source:</span><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0"> 19 SDR 155, effective April 11, 1993</span><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">; 50 SDR 42, effective October 11, 2023</span><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">.</span></p><p dir="ltr" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372P0"><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">    </span><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0-000001">General Authority:</span><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=1-44-7.3"><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0-000003">1-44-7.3</span></a><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">.</span></p><p dir="ltr" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372P0"><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">    </span><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0-000001">Law Implemented:</span><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=1-44-7.3"><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0-000003">1-44-7.3</span></a><span class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372C0">.</span></p><p dir="ltr" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372P0"><span xml:space="preserve" class="sc1fdd3f6-cb12-4cc7-8ad2-6141a0ba9372000002"> </span></p></div></body></html>