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FORM PS Eide Helmeke & Co. Certified Public Accountants & Consuitants WDEPIIVDINT AUDITOR'S REPORT ON 1NTERNAL CONTROL STRUCIURE The Honorable Mayor and Members of the Ciry Council Ciry of Roseville, Minneso[a We ha�e audited the general purpose financial ssacemencs of the Ciry of Roseville, Minnesota as of and for the year ended December 31, 1992, and ha�e issned our repon tLereon dated March 19, 1993. We conducted our audit m accordancc with generally acceptcd auditing standards and "Go�rnment Auditing gtandar4s', issued by the Comptroller Generai of the United States. Those standards require that we plan and perform the audic to ob[ain reasonable assurance about whether [he financiai s[a[emenu are free of maceriai micttatement. In planning and performing our audic of the fmancial ssa[emencs of chc Ciry of Roseville, Minnesota for rhe year ended December 31, 1992, we considered 'us intemal con[rol scrucnue in order to decermiae our auditiag procedures for the purposa of ezpressing our opinion on the 5nancial s�acements and no[ [o provide assurance on the internal convol scructure. 'I'he managemen[ of che City of Roseville, Minnesota is responsible for escablishin8 and mainta�n�ng ��e�l conuol suucrure. In fulfillin8 this responsibiliry, escimates and judgmencs by management are required to assess the expected benefits aad reSated costs of internal control strucrure policies and procedures. The objectives of aa iatemal control strucrure are to provide management with reasonable, but not absolute, assurance that asse[s are safeguarded against loss from unauthoriud use or dispositioa, and that transactions are eucuted in accordance wi�h management's autborvation and recorded properly to permit the prepararion of financial stacemeacs in accordance witb 6enerally accepted accounting principles. Because of inherent limicationo ect on internal conaol structuze, enors or irregularicies may nevertheless occur and not be detected. Also, p.j of any evdluation of the strucruro ro fucure periods is snbject to the risk that procedures may become iaadequate because of changes in conditions or [hat the effecri�eaess of the design and operation of policies and procedures may deteriorace. For the purpose of this report, we have ciassified the significane iacarnal coo�rol struccure policies and procedures in the following cacegories: Financial Statement Captions: • Cash and cash equivalents • Receivables • Property and equipment • Payables and acctued liabilities • Debt • Fund balance For all of the in[ernal coacroi strucmre cacegories lisced abo�s, we ob[ained an understandinS of the desig� of relevrnt policies and procedures and whecher tbey ha�e been placed in opencion, and we assessed coacrol risk• ry