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2011 Financial Reports
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2011 Financial Reports
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11/18/2025 3:48:30 PM
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10/8/2025 12:16:20 PM
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Financial/Accounting
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FIN02620
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FINANCIAL STATEMENTS
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PERMANENT
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Honorable Mayor and. <br />Members of the City Council <br />City of Gem Lake <br />As part of obtaining reasonable. assurance about whether the City's financial statements are free of <br />material misstatement, we performed tests of its compliance with certain provisions of laws, <br />regulations, contracts, and grant agreements, noncompliance with which could have a direct and <br />material effect on the. determination of financial statement amounts. However, providing. an opinion on. <br />compliance with those provisions was not an objective of our audit, and accordingly; we do riot express <br />such an opinion. The resuits of our tests disclosed no instances of noncarripliance or other matters that. <br />are required to be reported.under Government' Auditing Standards. <br />The City's responses to the findings identified in our audit are described in the accompanying schedule <br />of findings and responses. We did not audit the City's responses and, accordingly, we, express no <br />opinion on them. <br />This report is intended solely for the information and use of the City Council, management, the Office <br />of the State Auditor, and. state and federal awarding agencies and is.not intended to be and should not <br />be used by anyone other than these specified parties. <br />Minneapolis, Minnesota <br />June 14, 2012 <br />zz->Z-? <br />CliftonLarsonAllen LLP <br />(34) <br />
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