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McCALL GIBSON SWEDLUND BARFOOT PLLC Certified Public Accountants 13100 Wortham Center Drive Suite 235 111 Congress Avenue Houston, Texas 77065-5610 Suite 400 ' (713) 462-0341 Austin, Texas 78701 Fax (713) 462-2708 (512) 610-2209 E-Mail: mgsb@mgs�llc.com unmanigsbPllc.coni I INDEPENDENT AUDITOR'S REPORT Board of Directors La Porte Redevelopment Authority City of LaPorte, Texas We have audited the accompanying financial statements of the governmental activities,and major'fund of La Porte Redevelopment Authority (the "Authority"), a component unit of the City_ of -LaPorte, Texas, as of and for the year ended September 30, 2015, and the related notes to the financial°statements, which collectively comprise the Authority's basic financial statements as listed in the,table=bf contents. Management's Responsibility for the Financial Statements 4s' Management is responsible for the preparation and fair presentation,of these financial statements in accordance with accounting principles generally accepted in the�United`States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material` misstatement, whether due to fraud or error., �i Auditor's Responsibility i Our responsibility is to express opinions on,thesdlfinancial statements based on our audit. We conducted our audit in accordance with auditing standards ;generally accepted in the United States of America. Those standards require that we plan and perform'the audit to obtain reasonable assurance about whether the financial statements are free from`material misstatement. An audit involves performing,procedures' to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk.assessmerits; the auditor considers internal control relevant to the entity's preparation and fair presentation `of the financial statements in order to design audit procedures that are appropriate in the circumstances,:but,not for the purpose of expressing an opinion on the effectiveness of the Authority's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made bymanagement, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our auditiopinions. Member of American Institute of Certified Public Accountants Texas Society of Certified Public Accountants