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O <br /> �A EN HILLS <br /> MEMORANDUM <br /> DATE: June 6, 2008 <br /> TO: Financial Planning and Analysis Committee <br /> FROM: Sue Iverson, Finance Director <br /> SUBJECT: Preliminary 2007 Financial Results <br /> The preliminary financial results for 2007 are provided for your information. Although the committee <br /> does not get involved in the budget and reporting process, this information may be useful when we are <br /> ilooking at long-range financial plans and fund balances, as an understanding of the general everyday <br /> operations of the City is needed. <br /> The auditors and staff are still working on the financial statements and we hope to present them to the <br /> City Council on June 30,2008. You should receive your copies with the next meeting agenda. <br /> • <br /> \\Metro-inet\ArdenHills\Admin\Committees\FPAC\6-6-08 2007 Prelim Financial Results.doc <br />