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Agenda Packets - 2026/05/11
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Agenda Packets - 2026/05/11
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Last modified
5/27/2026 12:13:49 PM
Creation date
5/14/2026 1:49:41 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
5/11/2026
Description
Regular Meeting
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REQUIRED SUPPLEMENTARY INFORMATION <br /> Accounting principles generally accepted in the United States of America require that the management's <br /> discussion and analysis and the required supplementary information(RSI),as listed in the table of contents, <br /> be presented to supplement the basic financial statements. Such information is the responsibility of <br /> management and, although not a part of the basic financial statements, is required by the Governmental <br /> Accounting Standards Board,who considers it to be an essential part of financial reporting for placing the <br /> basic financial statements in an appropriate operational, economic, or historical context. We have applied <br /> certain limited procedures to the RSI in accordance with auditing standards generally accepted in the United <br /> States of America, which consisted of inquiries of management about the methods of preparing the <br /> information and comparing the information for consistency with management's responses to our inquiries, <br /> the basic financial 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 because the limited <br /> procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. <br /> SUPPLEMENTARY INFORMATION <br /> Our audit was conducted for the purpose of forming opinions on the financial statements that collectively <br /> comprise the City's basic financial statements. The accompanying combining and individual fund financial <br /> statements and schedules as listed in the table of contents, are presented for purpose of additional analysis <br /> and are not a required part of the basic financial statements. Such information is the responsibility of <br /> management and was derived from and relates directly to the underlying accounting and other records used <br /> to prepare the basic financial statements. The information has been subjected to the auditing procedures <br /> applied in the audit of the basic financial statements and certain additional procedures,including comparing <br /> and reconciling such information directly to the underlying accounting and other records used to prepare <br /> the basic financial statements or to the basic financial statements themselves, and other additional <br /> procedures in accordance with auditing standards generally accepted in the United States of America. In <br /> our opinion,the supplementary information is fairly stated, in all material respects, in relation to the basic <br /> financial statements as a whole. <br /> OTHER INFORMATION <br /> Management is responsible for the other information included in the annual report. The other information <br /> comprises the introductory and statistical sections,but does not include the basic financial statements and <br /> our auditor's report thereon. Our opinions on the basic financial statements do not cover the other <br /> information, and we do not express an opinion or any form of assurance thereon. <br /> In connection with our audit of the basic financial statements, our responsibility is to read the other <br /> information and consider whether a material inconsistency exists between the other information and the <br /> basic financial statements, or the other information otherwise appears to be materially misstated. If,based <br /> on the work performed, we conclude that an uncorrected material misstatement of the other information <br /> exists,we are required to describe it in our report. <br /> (continued) <br /> -3- <br />
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