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Honorable Mayor Members of the City Council and Citizens City ofGem Lake. Opinions In our opinion, the. financial statements referred to above present fairly', in all material respects, the financial position of the governmental activities, the businessAype activities, each major fund, and the aggregate remaining fund information of the City of Gem Lake, Minnesota as of December 31., 2016, and the respective changes in financial position and cash flows, where applicable; thereof for the year then ended in conformity with accounting principles generally accepted in the llnited States of America. Report. on Summarized Comparative. Information We have. previously audited the City of Gem Lake's 2.015 financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information; and we expressed unmodified audit opinions on those financial statements in our report dated May 10, 2016. In our opinion, the surnalarized :comparative information, presented ;herein .as of and .for the year ended December 31; 2015 is consistent, rn all niaterial.respects,"with the audited financial statements from which it has been: derived. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States:;'of'America required that the budgetary comparison information as listed in the table of contents iae presented to supplement the basic financial statements. Such information, a[theugh.not a part of th`e basic financial statements, is required by the Governmental Accounting. Standards; baard who considers``it to be an essentia[ part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedurese:ib' the required supplementary information in accordance with auditing standards generally ;accepted in the United States of America; which. consisted of inquiries .of managementabout the rhethods of preparing the information and comparing the information for consistency with managem.e4s responses. to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements, We do not express an opinion 6rprovide any.assurance on.the e information because the limited procedures do not provide us with sufficien.:..evidence to express an opinion or provide any assurance. Management had s .. orn tfed the management's discussion and analysis that accounting principles generally acceptein tile; Jnited States of. America require to he presented to supplement the basic financial statements. Such missing information, although not a part of the basic financial statements, is required by the. Governmental Accounting Standards. Board who considers it to be an essential part of financial reporting far placing.the:,basic financia[.stafements in an appropriate operations, economic, or historical context: Our opinion' on the basic .financial statements is not affected by this missing information. Supplementary Information Our audit. waEi conducted for the .purpose of forming opinions on the financial statements that collectively comprise the. City's basic financial statements. The accompanying combining non -major fund financial. statements, as listed in the table of contents, are presented for purposes of additional analysis and are not required part of the basic financial statements.