08-12-1985 Council Packet - Laserfiche WebLink

Home Browse Search

PANNELL KERR FORSTER Candied Public ACCOummnls 410 Park National Bans Bldg W0 vnyeate 80.1o.rd MmreapohaMN W16 telephone(612) 5454N,121 To the City Council and Residents City of Orono Orono, Minnesota We have examined the general purpose financial statements of the City of Orono, Minnesota, for the year ended December 31, 1984, and have issued our report thereon dated April 25, 1985, Our examination was made in accordance with generally accepted auditing standards; the provisions of Standards for Audit of Governmental Organizations Programs Activities and Functions, promulgated by the U.S. Comptroller General, as they pertain to financial and compliance audits; the provisions of the office of Management and Budget's (0MB) Compliance Supplement -Uniform Requirements for Grants to State and Local Governments (the compliance supplement); the provisions of OMB's Circular A-102, Uniform Administte Live Regui [ements for Grants -in -Aid to State and Local Governments, Attachent p, Audit Requirements, and accordingly, included such tests of the accounting records and such other auditing pro:edures as we con- sidered necessary in the circumstances. in connection with the examination referred to above, a representative number of Charges to federal awards were selected to determine if federal funds are being expanded in accordance with the terms of applicable agreements and those provi- sions of federal law or regulations that could have a material effect on the financial statements or on the awards tested. The results of our tests indicate that for the items tested, the City of Orono, Minnesota, complied. with the material terms and conditions of the federal award agreements; except as described in the Schedule of Findings and Questioned Costs. Further, for the items not tested, based on our examination and the procedures referred to above, nothing came to our attention to indicate that the City had not complied with the significant compliance terms and conditions of the awards referred to above. This report is intended solely for the use of the City of Orono, Minnesota, the cognizant audit agency, and other federal audit agencies and should not be used for any other purpose. O�C fl t1.G 46e, -Z LL Fr'L¢ 6L Certified Public Accountants Minneapolis, Minnesota July 1, 1985