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Our audit was conducted for the purpose of forming opinions on the financial statements that <br />collectively comprise the Urban Renewal Agency’s basic financial statements. The budgetary <br />comparison information (pages 31 through 32) andother supplementary information (pages 35 <br />through 38) are presented for purposes of additional analysis and is not a required part of the <br />financial statements. This information is the responsibility of management and was derived from <br />and relate directly to the underlying accounting and other records used to prepare the financial <br />statements. The information has been subjected to the auditing procedures applied in the audit of <br />the financial statements and certain additional procedures, including comparing and reconciling <br />such information directly to the underlying accounting and other records used to prepare the <br />financial statements or to the financial statements themselves, and other additional procedures in <br />accordance with auditing standards generally accepted in the United States of America. In our <br />opinion, the information is fairly stated in all material respects in relation to the financial <br />statements as a whole <br />ISLER CPA <br />By: Gary Iskra, CPA, a member of the firm <br />Eugene, Oregon <br />December 15, 2011 <br />4 <br />