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Information related to this single audit, including a schedule of federal financial assistance, the independent auditor's reports on internal controls and compliance with applicable laws and regulations, and a schedule of findings and questioned costs aze part of ihis section. The financial reporting entity includes all the funds and account groups of the primary government (i.e. the City of Roseville as legally defined), as well as all of its component uniu. Component units are legally sepazate entities for which the primary government is financially accountable. The City provides a full range of services including police and fire protection; water and sanitation services; the construction and maintenance of highways, streets and infrastructure; and parks and recreational activities. Governmental Structure, Local Economic Condition and Outiook The Ciry, which was incorporated in 1948, is part of the St.Paul-Minneapolis, Minnesota metropolitan azea, and is 13.7 square miles in size and has a population of 33,487. The Ciry is in Ramsey County and adjoins St. Paul on its northern border, and Minneapolis at iu eastern border. The downtown azeas of both St. Paul and Minneapolis are within a 10 mile drive from the City. The City has operated under the council-manager form of government since January i, 1974, when it became a statutory city. Policy making and legislative authority are vested in the city council, which consists of a mayor and a four-member council. The council is responsible, among other things, for passing ordinances, adopting the budget, appointing committees and hiring the ciry manager and city attorney. The City Manager is responsible for carrying out the polices and ordinances of the city council, for overseeing the day-to-day operations of the city, and for appointing the heads of the city's departments. The Council is elected on a non-partisan basis, to four year staggered terms on an at-lazge basis. The economy of the metropolitan Twin City azea has continued to experience significant growth during 1994. Unemployment ended the year at approximately 3.3% as compazed to the U.S. average of 5.4%. Roseville, as part of suburban Ramsey County, had an unemployment rate of approximately 2.5 %, a decrease from the 3.3 % in 1993. The City has a diverse economy. While Roseville is considered a major regional retail center, employment in the computer, medical and printing industries are becoming more significant. While major employers in the community account for approximately 9,000 jobs, smaller emerging firms employ nearly 8,000 persons. The most recent retail sales data indicates the City of Roseville is continuing to be one of the major retailing centers of the metropolitan azea. Retail sales within the city have had a 10.24 % compounded growth over the past 5 years. This rate is more than one and one half times greater than the retail sales growth in the state as a whole. 2