Memphis Area Transit Authority: Single Audit Reports and Findings
Memphis Area Transit Authority filed 9 single audits between 2016 and 2024; the most recently observed auditor is BANKS, FINLEY, WHITE & CO. (2024), and the 2024 report lists 0 findings, including 1 material weakness. Data as of 2026-09-16.
Data as of Sep 16, 2026 · Source: Federal Audit Clearinghouse (public data)
Single audits by year
One row per audit year as the Federal Audit Clearinghouse accepted it. The auditor named is the one observed on that filing; Memphis Area Transit Authority is recorded in MEMPHIS, Tennessee under EIN 620910914, and the Clearinghouse records it as a local government.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2024 | 2024-06-30 | $24,773,050 | $750,000 | BANKS, FINLEY, WHITE & CO. | 0 | MW / SD | 2024-06-GSAFAC-0000377397 |
| 2023 | 2023-06-30 | $16,586,304 | $750,000 | BANKS, FINLEY, WHITE & CO. | 0 | — | 2023-06-GSAFAC-0000035881 |
| 2022 | 2022-06-30 | $53,448,573 | $750,000 | BANKS, FINLEY, WHITE & CO. | 0 | — | 2022-06-CENSUS-0000186063 |
| 2021 | 2021-06-30 | $27,712,283 | $750,000 | BANKS, FINLEY, WHITE & CO. | 0 | — | 2021-06-CENSUS-0000186063 |
| 2020 | 2020-06-30 | $27,712,283 | $750,000 | BANKS, FINLEY, WHITE & CO. | 0 | — | 2020-06-CENSUS-0000186063 |
| 2019 | 2019-06-30 | $17,627,697 | $750,000 | BANKS, FINLEY, WHITE & CO. | 0 | — | 2019-06-CENSUS-0000186063 |
| 2018 | 2018-06-30 | $20,223,392 | $750,000 | BANKS, FINLEY, WHITE & CO. | 0 | — | 2018-06-CENSUS-0000186063 |
| 2017 | 2017-06-30 | $16,034,430 | $750,000 | BANKS, FINLEY, WHITE & CO. | 0 | — | 2017-06-CENSUS-0000186063 |
| 2016 | 2016-06-30 | $16,132,341 | $750,000 | BANKS, FINLEY, WHITE & CO. | 0 | — | 2016-06-CENSUS-0000186063 |
Which federal programs did this organization report?
From the most recent accepted report. "Major" is the designation the auditor made under 2 CFR 200.518, not ours.
| ALN | Program | Expended | Major |
|---|---|---|---|
| 20.507 | Computer Equipment, CAD/AVL, Service Vehicles, Transit Amenities | $15,723,471 | Yes |
| 20.507 | Hardware/Software, Vehicles, Spare Parts, Rail | $1,979,329 | Yes |
| 20.525 | Preventive Maintenance for Rail System | $1,524,304 | Yes |
| 20.507 | Memphis Innovation Corridor (STBG) | $1,028,084 | Yes |
| 20.526 | Technical Assistance, Equipment | $1,014,571 | Yes |
| 20.513 | Vehicles, and Spare Parts | $882,026 | No |
| 20.526 | Technical Assistance | $621,850 | Yes |
| 20.507 | CMAQ Funds for Electric Buses | $463,889 | Yes |
| 20.513 | Vehicles, Project Administration, Mobility Management | $415,664 | No |
| 20.507 | Equipment, Service Vehicles, Transit Amenities | $296,251 | Yes |
| 20.530 | Technical Assistance, Equipment | $182,614 | No |
| 20.507 | CMAQ Funds for Trolleys and Spare Components | $179,205 | Yes |
| 20.507 | Act (CRRSAA) Memphis Innovation Corridor | $143,419 | Yes |
| 20.513 | American Rescue Plan (ARP) Section 5310 | $124,739 | No |
| 20.513 | Act (CRRSAA) Section 5310 | $124,739 | No |
| 20.530 | Technical Assistance, Equipment | $67,888 | No |
| 20.513 | Administration | $1,007 | No |
What findings did the auditor report?
The reference and the requirement letter are the ones the auditor used. The finding text itself is not reproduced here; the FAC report linked above carries it in full.
The most recent report lists no finding.
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How we computed this
Every row comes from the Federal Audit Clearinghouse record named beside it, one report per audit year, with a resubmission superseding the filing it replaces. The auditor is the one named on that filing — it is not a statement about who audits Memphis Area Transit Authority now. Form 990 figures come from the IRS e-filed return named by its object id. This page exists because the organization filed at least two single audits, or one with a finding.
Cite this page
AuditRadar. “Memphis Area Transit Authority Single Audits and Findings (TN).” https://getauditradar.com/single-audits/tn/memphis-area-transit-authority-620910914/. Data as of 2026-09-16.