View PDF Document

Summary

On June 4, 2012, we issued a quality control report on a single audit performed by Crowe Horwath, LLP on Pace, the Suburban Bus Division of the Regional Transportation Authority Northeastern Illinois’s use of U.S. Department of Transportation grants for the fiscal year ending December 31, 2010.  During this period, Pace expended approximately $50 million from DOT grant programs.  The DOT program determined to be major by Crowe Horwath LLP was the Federal Transit Cluster.  We determined that Crowe Horwath LLP’s work was Acceptable, and therefore met the requirements of generally accepted Government auditing standards, the Act, and OMB Circular A-133. We found nothing to indicate that Crowe Horwath LLP’s opinion on Pace’s reports on internal control and compliance were inappropriate or unreliable.