Agenda - Council - 06/23/1981 - Laserfiche WebLink

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Deloitte Haskins Sells A C C OUNTANTS ' OPINION 1360 Northwestern National Bank Building 55 East Fifth Street Saint Paul, M~nnesota 55101 (612) 291-8110 Cable DEHANDS Honorable Mayor and Members of the City Council, City of Ramsey, Minnesota: We have examined the combined financial statements of the City of Rsmsey, Minnesota, as of and for the year ended December 31, 1980, as listed in Section I of the table of contents. Our examination was made in accordance with generally accepted auditing standards and, accordingly, included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. In our opinion, the combined financial statements referred to above present fairly the financial position of the City of Ramsey, Minnesota, at December 31, 1980, and the results of its operations for the year then ended, in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year after giving retroactive effect to the change, with which we concur, in the me.thed of accounting for encumbrances as described in Note 2 to the financial statements. Our examination was made for the purpose of forming an opinion on the combined financial statements .taken as a whole. The combining, individual fund, and account group financial state- ments and schedules listed in Section II of the table of contents are presented for purposes of additional analysis and are not a required part of the combined financial statements of the City of Ramsey, Minnesota. The information has been subjected to the auditing procedures applied in the examination of the combined financial statements and, in our opinion, is fairly stated in all material respects in relation to the combined financial statements taken as a whole. Our examination did not comprehend the statistical information presented in Section III. April 9, 1981 - 1 -