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FORM P Eide Helmeke & Co. Certified Pubiic Accountants & Consultants The Honorable ttayor aad 2Sembers of tha City Couacil City of Soseville, lSinaesota iJe have audited the geaeral purpose financial statemeats of the city of 8oseville, Hinnesota, for ehe year eaded December 31, 1991, and have issued our repozt thereoa daced iSarch 25, 1992. We conducted our audit in aceordance vieh generally accepted auditiag staadards, Government Auditin¢ Standards issued by the Comptroller Generai of the IInited Seates, aad ehe pzovisions of the Legal Comnlianee Audit Guide promulgated by the Legal Campliance Task Force pursuaac to Minaesota Statutas Seetion 6.65. Generaliy aecepted auditing staadards aad �overament auditiag staadazds require that we plan aad perform the audit to obtain reasoaable assuraace about vhecher the financial statements are free of material misstatemenc. Compliance with lavs, regulations, contracts aad graats applicabla to the city is the responsibility of the city's managemeat. As part of obtaining reasonable assuraace a6out vhether the financial statements are free of material misstate- ment, we performed tests of the oity's compliaane vith certain provisions af laws, regulatioas, contracts aad graats. However, our objective vas not to provide aa opinioa oa overall compliaace vith such provisions. The resuits of our tests indicate that, with respect to the items tested, the city camplied, in all material respects, vith the provisions referred to in the preceding paragraph. With respect to items aot tested, nothing eame to our attention that caused us to believe that Che city has not complied, in all material raspects, vith chose provisions. The Lepyal Com�liance Audit Guide ecvers five main eategories af compliaace to be Cested: eontracting and biddiag, deposits and investments, conflicts of iaterest, public indebtedaess aad elaims aad disbursements. Our study ineluded all of the listed categories. The results of ouz tests indicate that, for the items tested, the city compiied vith the material tesms and coaditions of - applicabla lagai pravision. Furehar, for tha itams aot tnsted, based on our `audit and tha procaduras zafarrad to above, aoehing cama to our ateencion to indieate chac the tity had not eomplied vich such lagal provisions. This report is inteaded for [he information of management, the eity council, and applieable state and federal ageneies. This restriction is not intended to limic the distribution of Chis report, vhich is a matter of public record. �/Glli �rG�t�l..� i GU . Mareh 25, 1992 lSinaeapalis, Minnesoca 107