CCP 06-08-1998 - Laserfiche WebLink

Home Browse Search

I I {ATtified Puldic A.ccountant., & C(Jmwlants 7241 Ohms Lane I Sujle200 Minncapoli'i, M 1\ Ei5439 I INDEPENDENT AUDITOR'S REPORT I Honorable Mayor and City Council I City of Arden Hills, Minnesota We have audited the accompanying general purpose financial statements of the City of Arden Hills, Minnesota, as of and for I the year ended December 3 I, 1997 as listed in the table of contents. These general purpose financial statements are the responsibility of the City of Arden Hills, Minnesota's management. Our responsibility is to express an opinion on these general purpose fmancial statements based on our audit. I . We conducted our audit in accordance with generally accepted auditing standards and the standards applicable to fmancial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require we plan and perform the audit to obtain reasonable assurance about whether the fmancial statements are I free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the general purpose financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall general purpose financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. I In OUf opinion, the general purpose financial statements referred to above present fairly, in all material respects, the financial position of the City of Arden Hills, Milll1esota at December 31, 1997 and the results of its operations and cash flows of the Proprietary Fund Type for the year then ended, in conformity with generally accepted accounting principles. I In accordance with Government Auditing Standards, we have also issued a report dated May 14, 1998 on our consideration of the City's internal control over financial reporting and our tests of its compliance with certain provisions of laws, I regulations, contracts and grants. Our audit was performed for the purpose of forming an opinion on the general purpose financial statements taken as a whole. The combining and individual fund fmancial statements listed in the table of contents are presented for the purpose of I additional analysis and are not a required part of the general purpose financial statements of the City of Arden Hills, Minnesota. Such information has been subjected to the auditing procedures applied in the audit ofthe general purpose fmandaI statements and, in our opinion, is fairly stated in all material respects in relation to the general purpose financial statements taken as a whole. I ~, (JM, ~~~ I May 14,1997 ABDO, ABDO, EICK & MEYERS, LLP Minneapolis, Minnesota Certified Public Accountants I . I 612.835.9090 . Fil.X 612.835.J261