Laserfiche WebLink
MMKR <br />CERTIFIED PUBLIC <br />ACCOUNTANTS <br />To the City Council and Management <br />City of 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 ended December 31, 2012. The purpose of this <br />report is to provide comments resulting from our audit process and to communicate information relevant <br />to city finances in Minnesota. We have organized this report into the following sections: <br />• Audit Summary <br />• Funding Cities in Minnesota <br />• Governmental Funds Overview <br />• Enterprise Funds Overview <br />• Government -Wide Financial Statements <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 />The purpose of this report is solely to provide those charged with governance of the City, management, <br />and those who have responsibility for oversight of the financial reporting process comments resulting <br />from our audit process and information relevant to city finances in Minnesota. Accordingly, this report is <br />not suitable for any other purpose. <br />Minneapolis, Minnesota <br />June 10, 2013 <br />4 0.44414 41 cp P e'l <br />Malloy, Montague, Karnowski, Racosevieh, & Co., P.A. <br />5353 Wayzata Boulevard • Suite 410 • Minneapolis, MN 55416 • Telephone: 952- 545 -0424 • Telefax: 952- 545 -0%9 • www.mmkr,com <br />PRINCIPALS <br />Thomas M. Montague, CPA <br />Thomas A. Karnowski, CPA <br />Paul A. Radosevich, CPA <br />Wilham J. Lauer, CPA <br />James H. Eichren, CPA <br />Aaron J Nielsen, CPA <br />Victoria L. Holinka, CPA <br />