07-08-1996 Council Packet - Laserfiche WebLink

Home Browse Search

M<^iMALJiOY PRINCIPALS KiNNETH M MAI LOY CM THOMAS M MONTAGUE CM THOMAS A KARNOWSKI. CM PAUL A HAOOSEVICH, CM WILLIAM J LAUER CM INDEPENDENT AUDITOR'S COMPLIANCE REPORT BASED ON AN AUDIT OF THE GENERA! PURPOSE FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS Cit>' Council and Residents City of Orono Orono, Minnesota I We have audited the general purpose financial statements of the City of Orono. Minnesota, as of and for the year ended December 31. 1995, and have issued our report thereon dated May 29, 19%. We conducted our audit in accordance with generally accepted auditing standards and Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are free of material misstatement. Compliance with laws, regulations, contracts, and grants applicable to the City of Orono is the responsibility of the City’s management. As part of obtaining reasonable assurance about whether the general purpose financial statements are free of material misstatement, we performed tests of the City's compliance with certain provisions of laws, regulations, contracts and grants. However, the objective of our audit of the general purpose financial statements was not to provide an opinion on overall compliance with such provisions. Accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance that are required to be reported herein under Government Auditing Standards. This report is intended for the information of the City Council and management of the City of Orono. However, this report is a matter of public record and its distribution is not limited. May 29. 1996 CKMTiriCD 1C ACCooraT amts 410 national BANK BUILDING S353 WAV7ATA BOULEVARD MINNEAPOLIS MINNESOTA 5S410 TELEPHONE 612 S45 0474 telefax 612 545 0569 -130-