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x <br />A N D C O M P TH <br />August 26, 2014 <br />City of St. Anthony <br />3301 Silver Lake Road <br />St. Anthony, MN 55418 <br />We are pleased to confirm our understanding of the services we are to provide the City of St. <br />Anthony, Minnesota for the years ending December 31, 2014 and 2015. The scope of services <br />includes the following: <br />We will audit the financial statements of the governmental activities, the business -type <br />activities, each major fund, and the aggregate remaining fund information, including the <br />related notes to the financial statements, which collectively comprise the basic financial <br />statements of the City of St. Anthony, Minnesota as of and for the years ending December <br />31, 2014 and 2015. Accounting standards generally accepted in the United States of <br />America provide for certain required supplementary information (RSI), such as <br />management's discussion and analysis (MD&A), to supplement the City of St. Anthony, <br />Minnesota's 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. As part of our <br />engagement, we will apply certain limited procedures to the City of St. Anthony, <br />Minnesota's RSI in accordance with auditing standards generally accepted in the United <br />States of America. These limited procedures will consist of inquiries of management <br />regarding the methods of preparing the information and comparing the information for <br />consistency with management's responses to our inquiries, the basic financial statements, <br />and other knowledge we obtained during our audit of the basic financial statements. We <br />will not express an opinion or provide any assurance on the information because the <br />limited procedures do not provide us with sufficient evidence to express an opinion or <br />provide any assurance. The following RSI is required by generally accepted accounting <br />principles and will be subjected to certain limited procedures, but will not be audited: <br />o Management's discussion and analysis <br />o Budgetary comparison schedules presented as RSI <br />o Schedule of funding progress — Other Post Employment Benefits Plan <br />_'1_27%3 1 <br />31 <br />