10-23-06 Regular Meeting of Fiscal Affairs Committee Minutes

Browse Search

To the Honorable Mayor and Members of the City Council City of La Porte, Texas Page 2 of2 In accordance with Government Auditing Standards, we have issued our report dated December 30, 2005, on our consideration of the City's internal control over financial reporting and on our tests of its compliance with certain provisions or laws, regulations, contracts and grants. That report, which has been issued separately from this document, is an integral part of an audit performed in accordance with Government Auditing Standards and should be read in conjunction with this report in considering the results of our audit. The Management's Discussion and Analysis on pages 17 through 23, budgetary comparison information on pages 74 through 75 and Required Pension System Supplementary Information on page 73 are not required parts of the basic financial statements but are supplementary information required by accounting principles generally accepted in the United States of America We have applied certain limited procedures, which consisted principally of inquiries of management regarding the methods of measurement and presentation of the supplementary information. However, we did not audit the information and express no opinion on it. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City's basic financial statements. The introductory section, combining and individual fund statements and schedules and statistical tables are presented for purposes of additional analysis and are not a required part of the basic financial statements. The combining and individual fund statements and schedules have been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole. The introductory section and statistical tables have not been subjected to the auditing procedures applied in the audit of the basic fmancial statements and, accordingly, we express no opinion on them. ~ J.fp?~Ji'tI!?C December 30, 2005 Houston, Texas 16