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0 <br /> Page Two <br /> �1 i <br /> A material weakness is a condition in which the design or operation of one or more of the internal control components does not <br /> reduce to a relatively low level the risk that misstatements in amounts that would be material in relation to the financial statements <br /> being audited may occur and not be detected within a timely period by employees in the normal course of perforating their <br /> assigned functions. Our consideration of the internal control over financial reporting would not necessarily disclose all matters in <br /> the internal control that might be reportable conditions and, accordingly, would not necessarily disclose all reportable conditions <br /> that are also considered to be material weaknesses. However, we believe the reportable condition described above is not a <br /> material weakness. <br /> We also noted other matters involving the internal control over financial reporting that we have reported to management of the <br /> City in a separate letter dated April 14, 2000. <br /> This report is intended for the information of the City Council, management, others within the organization and the Office of the <br /> State Auditor. However, this report is a matter of public record and its distribution is not limited. <br /> Q,&ao, moo, £cc� fie -, <br /> April 14, 2000 ABDO, ABDO, EICK & MEYERS, LLP <br /> Minneapolis, Minnesota Certified Public Accountants <br /> -55- <br />