2022-06-08 CC Packet - Laserfiche WebLink

Home Browse Search

June 1, 2022 Management, Honorable Mayor and City Council City of Centerville, Minnesota We have audited the accompanying financial statementsof thegovernmental activities, the business-type activities, the discretely presented component unit, each major fund and the aggregate remaining fund information of theCity of Centerville, Minnesota (the City),forthe year ended December31,2021. Professional standards requirethat we provide you withinformation about our responsibilities under generally accepted auditing standards, as well as certain information related to the planned scope and timing of our audit. We have communicated such information in our letter to you dated December 6,2021. Professional standards also require that we communicate to you the following information related to our audit. Significant Audit Findings In planning and performing our audit of the financial statements, we considered the City's internal control over financial reporting (internal control) as a basis for designingaudit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A materialweakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. As described below, we identified a deficiency in internal control that we consider to be a material weakness, as finding 2021-01 2