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2003 Comprehensive Annual Financial Report
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2003 Comprehensive Annual Financial Report
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INDEPENDENT AUDITOR'S REPORT ON FINANCIAL STATEMENTS <br />AND SUPPLEMENTARY SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS <br />(Continued) <br />Our audit was performed for the purpose of forming an opinion on the basic financial statements of the <br />City taken as a whole. The accompanying Schedule of Expenditures of Federal Awards is presented for pur- <br />poses of additional analysis as required by the U.S. Office of Management and Budget Circular A -133, Audits <br />of States. Local Governments. and Non - Profit Organizations, and is not a required part of the basic financial <br />statements. Such information has been subjected to the auditing procedures applied in the audit of the basic <br />financial statements and, in our opinion, is fairly stated, in all material respects, in relation to the basicfinancial <br />statements taken as a whole. <br />Our audit was conducted for the purpose of forming opinions on the financial statements that col- <br />lectively comprise the City's basic financial statements. The introductory section, combining fund financial <br />statements, other budgetary comparison schedules, and statistical tables are presented for purposes of <br />additional analysis and are not a required part of the basic financial statements. The combining fund financial <br />statements have been subjected to the auditing procedures applied in the audit of the basic financial state- <br />ments and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements <br />taken as a whole. The introductory section, other budgetary comparison schedules, and statistical tables have <br />not been subjected to the auditing procedures applied in the audit of the basic financial statements and, <br />accordingly, we express no opinion on them. <br />STATE BOARD OF ACCOUNTS <br />May 26, 2004 <br />
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