Laserfiche WebLink
I <br />I <br />I <br />r <br />I <br />I <br />i <br />I <br />PRINCIPALS <br />IVSAU.OY <br />MONTABUE <br />KABWDWSKr <br />PADDBEVICH <br />KENNETH W MALLOY. CPA <br />THOMAS M MONTAGUE. CPA <br />THOMAS A KAHNOWSKI. CPA <br />PAUL A RADOSEVICH. CPA <br />WILLIAM J LAUER. CPA <br />INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE <br />WITH MINNESOTA STATE LAWS AND REGULATIONS <br />City Council and Residents <br />City of Orono <br />Orono, Minnesota <br />We have audited the general purpose financial statements of the City of Orono, Minnesota, as of and for the <br />year ended December 31, 1998, and have issued our report thereon dated May 14,1999. <br />We conducted our audit in accordance with generally accepted auditing standards, the standards applicable <br />to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the <br />United States, and the provisions of the Minnesota Legal Compliance Audit Guide for Local Government <br />promulgated by the Legal Compliance Task Force pursuant to Minnesota Statutes § 6.65. Accordingly, the <br />audit included such tests of the accounting records and such other auditing procedures as we considered <br />necessary in the circumstances. <br />The Minnesota Legal Compliance Audit Guide for Local Government covers five main categories of <br />compliance to be tested: contracting and bidding, deposits and investments, conflicts of interest, public <br />indebtedness, and claims and disbursements. Our study included all of the listed categories. <br />The results of our tests indicate that for the items tested the City of Orono complied with the material terms <br />and conditions of applicable legal provisions. Further, for the items not tested, based on our audit and the <br />procedures referred to above, nothing came to our attention to indicate that the City had not complied with <br />such legal provisions. <br />This report is intended for the information of the City Council and management of the City of Orono, the <br />cognizant audit agency, and other federal agencies. However, this report is a matter of public record and its <br />distribution is not limited. <br />May 14, 1999 <br />if It Itn 410 PARK NATIONAL BANK BUILDING <br />5353 WAYZATA BOUL t VAHO <br />MINNEAPOLIS MINNESOTA 5541b <br />TELEPHONE 612 545 0424 <br />TELEFAX 612 545 0569 -120-