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HomeMy WebLinkAbout2 - Auditor's Report , i '•1 . ~ ~ ~ Washington State Auclitor (360) 902-0370 Legislative Building FAX (360) 753-0646 PO Box 40021 Brian Sonntag TDD Relay I-800-833-6388 Olympia, Washington 98504-0021 http://www.sao.wa.gov ~ INDEPENDENT AUDITOR'S REPORT ' May 31, 2002 The Honorable Mayor and City Council City of Auburn Aubucn, Washington We have audited the accompanying general purpose financial statements of the City of Auburn, King County, ~ Washington, as of and for the year ended December 31, 2001, as listed in the table of contents. These financial statements are the responsibility of the City's management. Our responsibility is to express an opinion on these financial 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 of material misstatement. An audit includes examining, on a test basis, evidence suppocting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. ~ Our audit was performed pursuant to the Revised Code of Washington 43.09.260, under which a full report on fhe results of fhese audits will be issued. This report may include findings and recommendations on compliance ~ matters, intemal control procedures, and questionable costs or contingencies that would not be material in relation to the City's general purpose financial statements taken as a whole. In our opinion, the general purpose financial statements present fairly, in all material respects, the financial position ~ of the City of Auburn, King County, Washington, as of December 31, 2001, and the results of its operations and cash flows of its propriefary fund types for the year then ended in conformity with accounting principles generally accepted in the United States of America. ~ Our audit was made for the purpose of forming an opinion on the general purpose financial statements taken as a whole. The combining, individual fund, and. account group financial statements and schedules listed in the table of contents are presented for purposes of additional analysis and are not a required part of the general purpose ' financiaf statemenfs of the City of Aubum, King County, Washington. Such information has been subjected to the auditing procedures applied in the audit of the general purpose financial statements and, in our opinion, is fairly stated, in all material respects, in relation to the general purpose financial statements taken as a whole. ~ The other data included in this report, designated as the statistical section in the table of contents, has not been audited by us and, accordingly, we express no opinion on such data. ~ Sincerely, i - ~ BRIAN SOiVNTAG, CGFM STATE AUDITOR Page 23 ~ ' ~ ~ ' ~ ' 0~' D" : F , ~ ~ + ~ ; , £'•,.'""~""~`'I ~ ~ `3 ~ ~ ~ ~ ~ w x ~ .+'p., m ~ ~:~„yA~ ~ d q~ _ E 4•, ' t , S I r3 4 S ~ f t ~Tx~ ~ ~ ~ • ~ ~ ~ ' ~ ~ Page 24 '