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1997 AGN APR 01 I28
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1997 April 01 Agenda Packet
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1997 AGN APR 01 I28
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._ <br />q <br />. To the Honorabie City Cc�uncil <br />of the City of Colton <br />' November 27, 1996 <br />�'age 2 <br />general purpose financial stat�ments, we have performed procedures to determine the <br />reaso�nab%ness of the estunates used by management. These pracedures inciuded but <br />were r�ot limited to inquiries of the City Attorney and �isk Manager. $ased on these <br />c�ther proc�dures performed, we were able to cc�nciude that the liability reeorded by <br />management, af#er audit adjustments, was reasanable. <br />Audit Adjustrnents <br />As a result of our audit reiated testivork, we propflsed se�erai adjustments of the financial <br />statements that, in our judgment, either individually or in the aggregate, had a significant <br />effect on the City's financial reporting process. <br />t.�ther Information in Dc��uments Con#aining Audit�d Financial Stat�rnents <br />Our responsibility for other inft�rmation in c�ocumenis containing the City's general <br />purpose financial statements and aur r�part thereon does n�t ext�nd beyand financial <br />information identifed in our report, and �e have no �bligation to perfQrm any procedures <br />to conobc�rate �ther i�formation contained in these docurnents_ <br />Disa�reements �Vith l�!Iana�ement <br />There yvere no ciisagreements with manage�nent on financial accounting and r�porting <br />matters that, if not satisfac#oriiy resc�lved, wouid have caused a modifieation to our repart <br />on the City's 1996 financiai statements. <br />Consuit�tion With Other Accountants <br />VVe ai'� no� ativare of any instances where manag�me�t has consulted with ar obtained <br />apinions, written or oral, fromt other independ�nt accauntants during the pa�t �ear that <br />wer� subject to the requiremen#s of Statement t�n Audiiing Standards No. 50, Repart,r on <br />the Ap�licaii�n of Accoun�ing Princi�les. <br />IViaior Issu�s Discussed With Mana�ment Pr�or tp Retention <br />V�le generally discuss a vaiiety of mattexs, inc]uding the application af acco�nting <br />principles and auditing standartis, urith managemani each year prior #o retention as the <br />City's auditors. Thes€ discussions occurr�d in the normal course of our prafessional <br />relationship. <br />fihis information is intended solely for the use of the City Council, and should not be used <br />for any other purpos�. However, we understand that ihis document may �e public <br />infflrmation. <br />�� �-�X.c�2.� � �� �"" P'S <br />. _ _: � � =--- , -- — <br />-- <br />� -- <br />� 1 — , _ i > 1 - _ : -,. __ , ,_ , <br />
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