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Opinions <br />Inouropinion,thefinancialstatementsreferredtoabovepresentfairly,inallmaterialrespects,the <br />respectivefinancialpositionofthegovernmentalactivities,thebusinesstypeactivities,eachmajorfund, <br />andtheaggregateremainingfundinformationoftheCityasofJune30,2016,andtherespectivechanges <br />infinancialpositionand,whereapplicable,cashflowsthereoffortheyearthenendedinaccordancewith <br />accountingprinciplesgenerallyacceptedintheUnitedStatesofAmerica. <br />Othermatters <br />RequiredSupplementaryInformation <br />AccountingprinciplesgenerallyacceptedintheUnitedStatesofAmericarequirethattheƒğƓğŭĻƒĻƓƷ͸ƭ <br />ugh23),theschedulesofrevenues,expendituresandchangesin <br />discussionandanalysis(pages15thro <br />fundbalancesΑbudgetandactualoftheGeneralFundandtheCommunityDevelopmentFund(pages81 <br />through82)(theͻĬǒķŭĻƷğƩǤƭĭŷĻķǒƌĻƭͼΜͲthescheduleofthe/źƷǤ͸ƭProportionateShareoftheNet <br />PensionAsset/(Liability)(page83),thescheduleofOPEBfundingprogress(page83),andthebudgetto <br />GAAPreconciliation(page84),bepresentedtosupplementthebasicfinancialstatements.Such <br />information,althoughnotapartofthebasicfinancialstatements,isrequiredbytheGovernmental <br />gthe <br />AccountingStandardsBoard,whoconsidersittobeanessentialpartoffinancialreportingforplacin <br />basicfinancialstatementsinanappropriateoperational,economic,orhistoricalcontext. <br />WehaveappliedcertainlimitedprocedurestoƒğƓğŭĻƒĻƓƷ͸ƭdiscussionandanalysis,thescheduleofthe <br />/źƷǤ͸ƭProportionateShareoftheNetPensionAsset(Liability),andthescheduleofOPEBfundingprogress <br />inaccordancewithauditingstandardsgenerallyacceptedintheUnitedStatesofAmerica,whichconsisted <br />ofinquiriesofmanagementaboutthemethodsofpreparingtheinformationandcomparingthe <br />informationforconsistencywithƒğƓğŭĻƒĻƓƷ͸ƭresponsestoourinquiries,thebasicfinancialstatements, <br />andotherknowledgeweobtainedduringourauditofthebasicfinancialstatements.Wedonotexpress <br />anopinionorprovideanyassuranceontheinformationbecausethelimitedproceduresdonotprovideus <br />withsufficientevidencetoexpressanopinionorprovideanyassurance. <br />Ourauditwasconductedforthepurposeofformingopinionsonthefinancialstatementsthatcollectively <br />comprisetheCitǤ͸ƭbasicfinancialstatements.Thebudgetaryschedulesdescribedaboveonpages8182 <br />andthebudgettoGAAPreconciliationonpage84aretheresponsibilityofmanagementandwerederived <br />fromandrelatedirectlytotheunderlyingaccountingandotherrecordsusedtopreparethebasic <br />AAPreconciliationhavebeensubjectedto <br />financialstatements.ThebudgetaryschedulesandbudgettoG <br />theauditingproceduresappliedintheauditofthebasicfinancialstatementsandcertainadditional <br />procedures,includingcomparingandreconcilingsuchinformationdirectlytotheunderlyingaccounting <br />andotherrecordsusedtopreparethebasicfinancialstatementsortothefinancialstatements <br />themselves,andotheradditionalproceduresinaccordancewithauditingstandardsgenerallyacceptedin <br />theUnitedStatesofAmerica.Inouropinion,thebudgetaryschedulesandbudgettoGAAPreconciliation <br />arefairlystated,inallmaterialrespects,inrelationtothebasicfinancialstatementsasawhole. <br />12 <br />