Laserfiche WebLink
CERTIFIED PUBLIC <br />ACCOUNTANTS <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />To the City Council <br />City of Ramsey <br />Ramsey, Minnesota <br />We have prepared this management report in conjunction with our audit of the City of Ramsey, <br />Minnesota's (the City) financial statements for the year ending December 31, 2008. The purpose of this <br />report is to communicate information relevant to city finances in Minnesota and to provide comments <br />resulting from our audit process. We have organized this report into the following sections: <br />• Audit Summary <br />• Funding Cities in Minnesota <br />• Governmental Funds Overview <br />• Financial Trends and Conditions <br />• Accounting and Auditing Updates <br />We would be pleased to further discuss any of the information contained in this report or any other <br />concerns that you would like us to address. We would also like to express our thanks for the courtesy and <br />assistance extended to us during the course of our audit. <br />This report is intended solely for the information and use of those charged with governance of the City, <br />management, and those who have responsibility for oversight of the financial reporting process. <br />/e4, <br />May 22, 2009 <br />4 ,,x, 7-e <br />PRINCIPALS <br />Kenneth W. Malloy, CPA <br />Thomas M. Montague, CPA <br />Thomas A. Karnowski, CPA <br />Paul A. Radosevich, CPA <br />William J. Lauer, CPA <br />James H. Eichten, CPA <br />Aaron J. Nielsen, CPA <br />Victoria L. Holinka, CPA <br />Malloy, Montague, Karnowski, Radosevich & Co., P.A. <br />5353 Wayzata Boulevard • Suite 410 • Minneapolis, MN 55416 • Telephone: 952- 545 -0424 • Telefax: 952- 545 -0569 • www.mmkr.com <br />