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<br /> <br />We believe that the audit evidence we have obtained is sufficient and appropriate to provide <br />a basis for our audit opinions. <br /> <br />Opinions <br /> <br />In our opinion, the financial statements referred to above present fairly, in all material <br />respects, the respective financial position of the governmental activities, the business-type <br />activities, each major fund, and the aggregate remaining fund information of the City of Lino <br />Lakes, Minnesota, as of December 31, 2020, and the respective changes in financial position, <br />and, where applicable, cash flows thereof for the year then ended in accordance with <br />accounting principles generally accepted in the United States of America. <br /> <br />Other Matters <br /> <br />Required Supplementary Information <br /> <br />Accounting principles generally accepted in the United States of America require that the <br />management’s discussion and analysis, the budgetary comparison schedule, and the <br />schedules of OPEB and pension information, as listed in the table of contents, be presented to <br />supplement the basic financial statements. Such information, although not a part of the basic <br />financial statements, is required by the Governmental Accounting Standards Board, who <br />considers it to be an essential part of financial reporting for placing the basic financial <br />statements in an appropriate operational, economic, or historical context. We have applied <br />certain limited procedures to the required supplementary information in accordance with <br />auditing standards generally accepted in the United States of America, which consisted of <br />inquiries of management about the methods of preparing the information and comparing the <br />information for consistency with management’s responses to our inquiries, the basic financial <br />statements, and other knowledge we obtained during our audit of the basic financial <br />statements. We do not express an opinion or provide any assurance on the information <br />because the limited procedures do not provide us with sufficient evidence to express an <br />opinion or provide any assurance. <br /> <br />Other Information <br /> <br />Our audit was conducted for the purpose of forming opinions on the financial statements that <br />collectively comprise the City of Lino Lakes, Minnesota’s basic financial statements. The <br />introductory section, combining and individual fund financial statements and schedules and <br />statistical section are presented for purposes of additional analysis and are not a required part <br />of the basic financial statements. <br /> <br /> <br />14