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r Q-1 'fflonLarsonAilen. LLP CLAconnectwm C[iftonLarsonMlen INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL .OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS Honorable Mayor and Members of the City Council City of Gem Lake, Minnesota We have audited, in accordance. with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General. of the United. States, the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of City of Gem Lake,. as of and for the year ended December 31, 2014, and the related notes to the financial statements, which collectively comprise City of Gem Lake's basic financial statements,. and have issued our report thereon dated April 29, 2015. Internal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered City of Gem Lake's. internal control .over financial. reporting (internal control) to determine the audit 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 effectiveness of the City's internal control. Accordingly, we do not.express an opinion on the effectiveness of the City's internal.controi, Our consideration of internal control was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in. internal control that might .be material weaknesses or significant deficiencies arid, therefore, material weaknesses or significant deficiencies may exist that were_ not identified. However; as described. in the accompanying Schedule of Findings and Responses; we. identified a deficiency in internal control that we consider to be a material weakness. A deficiency in internal control exists wren the designor 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 material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a. reasonable possibility that a rhaterial misstatement of the City's financial statements will not be. prevented, or detected and corrected on a timely basis, We consider the deficiency finding number 2013-001 described in the accompanying Schedule of Findings and Responses to be a material weakness, ■ An r6epaverc rurHruxeaa lnr<n rna^ � Q[r V TEA NAT3 4:U1 .