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c: berganKav Independent Auditor's Report Hanorable Mayor and Mernbers of the City Council City of Raseville Report an the Financ'ral Statements We have audited the accarnpanying financial statements of the governmental activities, the business-type activities, each majar fund and the aggregate remaining fund information af the City of Roseville, Minnesota, as of and for the year ended December 31, 2016, and the related notes to financial statements, which collectively comprise the City's basic financial statements as listed in the Table of Contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility . Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Gvuernment Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit invalves perforrning procedures to abtain audit evidence about the amaunts and disclasures in the fmancial staternents. The pracedures selected depend on the auditor's judgrnent, inc�uding the assessment af the risks af material misstatement of the financial staternents, whether due to fraud or errar. In making thase risk assessments, the auditor considers internal control relevant to the City's preparation and fair presentation of the �nancial statemez�ts in order to design audit procedures that are apprapriate in the circumstances, but nat for the purpose of expressing an opinion on the effectiveness of the City's internal cantraL Accordingly, we express no such opinian. An audit alsa includes evaluating the appropriateness of accounting policies used and the reasonableness af significant accounting estimates rnade by managernent, as we11 as evaluating the overall presentation of the financial statements. BerganKDV, Ltd. bergankdv.com