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06-09-1997 Council Packet
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06-09-1997 Council Packet
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u <br />» .9% <br />!1 <br />T1 <br />I <br />PRINCIPALS <br />M<^’'iT-TTITTiW^ <br />KENNETH W MALLOY. CPA <br />THOMAS M MONTAGUE. CPA <br />THOMAS A KARNOWSKl. CPA <br />PAUL A. RADOSEVICH. CPA <br />WILLIAM J LAUER. CPA <br />To the City Council <br />City of Orono <br />Orono, Minnesota <br />We have prepared this management report in conjunction with our audit of the City’s financial records for the <br />year ending December 31, 1996. The purpose of this report is to communicate information relevant to city <br />finances in Minnesota and to provide comments resulting from our audit process. We have organized this <br />report into die following sections: <br />O <br />o <br />o <br />o <br />o <br />City Finance in Minnesota <br />Financial Trends and Conditions of the City of Orono <br />Accounting and Reporting Comments <br />Accounting and Auditing Updates <br />Formal Required Communications <br />We would be pleased to further discuss any of the information contained in this report or any other concerns <br />that you would like us to address. We would also like to express our thanks for the courtesy and assistance <br />extended to us during the course of our audit. <br />April 29, 1997 <br />410 PARK NATIONAL BANK BUtLDINO <br />5353 WAY2ATA BOULEVARD <br />MINNEAPOLIS. MINNESOTA 55416 <br />TELEPHONE 612 545 0424 <br />TELEFAX 612*545^9 <br />niarii <br />k 1 <br />I ; <br />I I <br />: i <br />*■
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