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Giiltoni-arsonAllen LLP 220 South Sixth: Street, Suite 300 Minneapolis; MN.55402-1436 61 w- M 4500 j fax 612�3764850 CL4connect:com December 9, 2015 City Council and Management City of Gem Lake. 4200 Otter Lake. Road Gem Lake; MN 55110-3227 We are pleased to confirm our understanding of the terms and objectives of our engagement and the nature and limitationsoftheaudit and nonaudit: services CliftonLarsonAllen LLP (CLA) will provide for the City of Gem .Lake ("you," "your," or "the entity") for the.year ended December 31, 20I5. Christopher G. Knopilt, CPA, CFE is responsible for,the performance of the audit engagement. Audit services We will audit the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund. infarmatio.n, which collectively comprise the basic. financial statements of the City of Ge.m Lake, as of: and for the year ended December 31, 2015, and the related notes to the financial staterents. The. Governmental Accounting Standards Board (GASB) provides for certain required :supplementary information (R51) to accompany theentity's basic financial statements. The following R51 Will. .be subjected. to. certain limited procedures,. but will not be audited. 1. Management's discussion and analysis. 2. Budgetary comparison schedules. 3. GASB Statement No. 68 schedule of propitiate share of net pension liability and schedule. of employer contributions. We will also evaluate and report. on the presentation of the supplementary information accompanying the financial statements in relation to the financial statements as a whole, 1, Combining and individual fund financial statements. Nona udit services We will also provide the following nonaudit service; ■ Preparation of your financial statements and related notes. fin irdWdllnMntEfcfNbdafrtaTeftr J INIL HNATIQNAL