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Generally accepted auditing standazds and the standards set forth in the General Accounting <br />Office's Government Auditing Standazds were used by the auditors in conducting the <br />engagement. The auditor's report on the general purpose financial statements included the <br />financial section of this report. The auditor's reports on internal controls and compliance with <br />applicable laws and regulations can be found in Section IV of this report. <br />Certificate of Achievement <br />The Government Finance Officers Association of the United 5tates and Canada (GFOA) awarded <br />' a Certificate of Achievement for Excellence in Financial Reporting to the City of Roseville, <br />Minnesota, for its comprehensive annual financial report for the fiscal year ended December 31, <br />1993. The Certificate of Achievement is a prestigious national award recognizing conformance <br />with the highest standards for prepazation of state and local government financial reports: <br />In order to be awarded a Certificate of Achievement, a governmental unit must publish an easily <br />readable and efficiently organized comprehensive annual financial report, the contents of which <br />must conform to program standards. Such CAFR must satisfy both generally accepted <br />accounting principles and applicable legai requirements. <br />A Certificate of Achievement is valid for a period of one year only. The City of Roseville has <br />received a Certificate of Achievement for the last 15 consecutive years (iiscal years ended <br />1979-1993.) We believe our current report continues to conform to Certificate of Achievement <br />program requirements, and we are submitting it to GFOA. <br />Acknowledements <br />The prepazation of this report on a timely basis could not be accomplished without the dedicated <br />services of the entire staff of the Finance Depaztment. We express our appreciation to all <br />members of the department who assisted and contributed to its prepazation, and thank the firm <br />of Eide Helmeke & Co. Certified Public Accountants, for their professional assistance. We <br />thank the members of the City Council for their interest and support in planning and conducting <br />the financial operations of the City in a responsible and progressive manner. <br />Respectfully submitted, <br />Steven R. Sazkozy <br />City Manager <br />Edwazd L. Bunell <br />Finance Director <br />fI] <br />p� �Ji��—�l/L�i�/ <br />