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ORIS A. HENDRICKSON, C. P. A. <br />DONALD D. ANFINSON, C. P. A. <br />NEIL 1. HENDRICKSON, C. P. A. <br />ANFINSON, HENDRICKSON 8 CO. <br />CERTIFIED PUBLIC ACCOUNTANTS <br />AFFILIATED WITH <br />NATIONAL CPA GROUP <br />MEMBER FIRMS IN PRINCIPAL CITIES <br />10501 WAYZATA BOULEVARD <br />MINNETONKA, MINNESOTA 55343 <br />TELEPHONE (612) 545 -0421 <br />ACCOUNTANTS' REPORT ON ADDITIONAL INFORMATION <br />For the Fiscal Year Ended December 31, 1977 <br />To The City Council and Residents <br />City of Lino Lakes <br />Lino Lakes, Minnesota <br />The accompanying additional financial information is presented for supple- <br />mentary analysis purposes and is not considered necessary for a fair <br />presentation of the basic financial statements. Our examination of the <br />basic financial statements for the year ended December 31, 1977, which <br />are presented in the first section of this report, was made for the pri- <br />mary purpose of formulating an opinion on those statements. We have <br />previously made examinations similar in scope for the prior periods for <br />which data is presented. This additional information has been subjected <br />to the applicable audit procedures as we performed in our original exam- <br />ination of the related basic financial statements. <br />In our opinion the supplementary financial information is fairly stated <br />in all material respects in relation to the basic financial statements <br />taken as a whole. <br />ANFINSON, HENDRICKSON & CO. <br />Certified Public Accountants <br />Minnetonka, Minnesota <br />January 18, 1978 <br />