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2021 CAFR
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Annual Comprehensive Financial Report
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2021 CAFR
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Supplementary Information <br />Our audit was conducted for the purpose of foiniing opinions on the financial statements that collectively <br />comprise the City's basic financial statements. The combining and individual fund statements and <br />schedules, as listed in the table of contents, are presented for purpose of additional analysis and are not a <br />required part of the basic financial statements. Such infoiniation is the responsibility of management and <br />was derived from and relates directly to the underlying accounting and other records used to prepare the <br />basic financial statements. The infoiniation has been subjected to the auditing procedures applied in the <br />audit of the basic financial statements and certain additional procedures, including comparing and <br />reconciling such infoiniation directly to the underlying accounting and other records used to prepare the <br />basic financial statements or to the basic financial statements themselves, and other additional procedures <br />in accordance with auditing standards generally accepted in the United States of America. In our opinion, <br />the supplementary infoiniation is fairly stated, in all material respects, in relation to the basic financial <br />statements as a whole. <br />Other Information <br />Management is responsible for the other infoiniation included in the annual report. The other infoiniation <br />comprises the introductory and statistical sections, but does not include the basic financial statements and <br />our auditor's report thereon. Our opinions on the basic financial statements do not cover the other <br />infoiniation, and we do not express an opinion or any foini of assurance thereon. <br />In connection with our audit of the basic financial statements, our responsibility is to read the other <br />infoiuiation and consider whether a material inconsistency exists between the other infoiuiation and the <br />basic financial statements, or the other infoiuiation otherwise appears to be materially misstated. If, based <br />on the work perfoiuied, we conclude that an uncorrected material misstatement of the other infoiuiation <br />exists, we are required to describe it in our report. <br />OTHER REPORTING REQUIRED BY GOVERNMENT AUDITING STANDARDS <br />In accordance with Government Auditing Standards, we have also issued our report dated June 1, 2022 on <br />our consideration of the City's internal control over financial reporting and on our tests of its compliance <br />with certain provisions of laws, regulations, contracts, grant agreements, and other matters. The purpose <br />of that report is solely to describe the scope of our testing of internal control over financial reporting and <br />compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Citv's <br />internal control over financial reporting or on compliance. That report is an integral part of an audit <br />perfoinied in accordance with Government Auditing Standards in considering the Citv's internal control <br />over financial reporting and compliance. <br />Minneapolis, Minnesota <br />June 1, 2022 <br />P. <br />25 <br />
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