12-10-14 Meeting of the La Porte Redevelopment Authority minutes

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Board of Directors La Porte Redevelopment Authority Opinions In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and major fund of the Authority as of September 30, 2014, and the respective changes in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America. Required Supplementary Information Accounting principles generally accepted in the United States of America require that an4g dnt's Discussion and Analysis on pages 3 through 7 and Schedule of Revenues, Expenditureg axed Changes in Fund Balance — Budget and Actual — General Fund on page 23 be presented to supdp pent the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an esken'tial.part of financial 4 Y tV reporting for placing the basic financial statements in an appropriate operatio al, economic, or historical context. We have applied certain limited procedures to the required suplementary information in accordance with auditing standards generally accepted in the United States o ' erica, which consisted of inquiries of management about the methods of preparing the%information and comparing the information for consistency with management's responses to ouffuiquirie'ss e basic financial statements, and other knowledge we obtained during our audit of the basicfinanojal statements. We do not express an opinion or provide any assurance on the information becaiaseti'e-]'rotted procedures do not provide us with sufficient evidence to express an opinion or provide any asurance. k Supplementary Information Our audit was conducted for the purpose of foiitrii% gpinions on the financial statements that collectively comprise the Authority's basic financial a ��r ents. The other supplementary information is presented for purposes of additional analysis and is knot' "iequired part of the basic financial statements. Such information is the responsibility `of N r, ag ment and was derived from and relates directly to the underlying accounting and other reco �1� used to prepare the financial statements. The supplementary information, excluding that p�ofion zxiarlee"d "Unaudited" on which we express no opinion or provide any assurance, has been subjected to "fife„auditing procedures applied in the audit of the financial statements and certain additional protect zes3 including comparing and reconciling such information directly to the underlying aecountingrand oihez records used to prepare the financial statements or to the financial statements themselves, abd other additional procedures in accordance with auditing standards generally accepted in the U ited Stakes of America. In our opinion, the information is fairly stated in all material respects in relation toFthe financial statements as a whole. McCoy,Gibson Swed"iund Barfoot Certihe'4-Public Accmxatants Deceinber 10, 2014 2