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Tautges Redpath, Ltd. Certified Public Accountants and Consultants September 30, 2003 City of Little Canada 515 Little Canada Road Little Canada, MN 55117 We are pleased to confirm our understanding of the services we are to provide the City of Little Canada, Minnesota for the year ending December 31, 2003. The scope of services includes the following: • Audit the general purpose financial statements of the City of Little Canada, Minnesota as of and for the year ending December 31, 2003. An "in- relation -to" opinion on the combining, individual fund and account group financial statements. The statistical section will not be subjected to the auditing procedures applied in our audit of the general purpose financial statements. We understand that the financial statements will be presented in accordance with the financial reporting model in effect prior to that described in GASB Statement No. 34. • State of Minnesota Legal Compliance Audit • Preparation of separate Management Report. (optional) Audit Objectives The objective of our audit is the expression of an opinion as to whether your general purpose financial statements are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles and to report on the fairness of the additional information referred to in the first paragraph when considered in relation to the general purpose financial statements taken as a whole. Our audit will be conducted in accordance with U.S. generally accepted auditing standards and the standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and the minimum procedures for auditors as prescribed by MS 6.65, and will include tests of the accounting records of the City of Little Canada, Minnesota and other procedures we consider necessary to enable us to express such an opinion. If our opinion on the general purpose financial statements is other than unqualified, we will fully discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit, or are unable to form or have not formed an opinion, we may decline to express an opinion or to issue a report as a result of this engagement. 4810 White Bear Parkway, White Bear Lake, Minnesota 55110, USA Telephone: 651 426 7000 Fax: 651 426 5004 !Hi lauclyflodath . Ltd. sa member of International. A world - lNidonrgan¢Otronof_ 4 _ pfirms and business acnsers .