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<br /> <br /> <br />Report on Summarized Comparative Information <br /> <br />We have previously audited City of St. Anthony, Minnesota’s 2020 financial statements, and <br />we expressed unmodified audit opinions on the respective financial statements of the <br />governmental activities, the business-type activities, each major fund, and the aggregate <br />remaining fund information in our report dated June 11, 2021. In our opinion, the <br />summarized comparative information presented herein as of and for the year ended <br />December 31, 2020 is consistent, in all material respects, with the audited financial <br />statements from which it has been derived. <br /> <br />Responsibilities of Management for the Financial Statements <br /> <br />Management is responsible for the preparation and fair presentation of the financial <br />statements in accordance with accounting principles generally accepted in the United States <br />of America, and for the design, implementation, and maintenance of internal control relevant <br />to the preparation and fair presentation of financial statements that are free from material <br />misstatement, whether due to fraud or error. <br /> <br />In preparing the financial statements, management is required to evaluate whether there are <br />conditions or events, considered in the aggregate, that raise substantial doubt about City of <br />St. Anthony, Minnesota’s ability to continue as a going concern for twelve months beyond <br />the financial statement date, including any currently known information that may raise <br />substantial doubt shortly thereafter. <br /> <br />Auditor’s Responsibilities for the Audit of the Financial Statements <br /> <br />Our objectives are to obtain reasonable assurance about whether the financial statements as a <br />whole are free from material misstatement, whether due to fraud or error, and to issue an <br />auditor's report that includes our opinions. Reasonable assurance is a high level of assurance <br />but is not absolute assurance and therefore is not a guarantee that an audit conducted in <br />accordance with GAAS and Government Auditing Standards will always detect a material <br />misstatement when it exists. The risk of not detecting a material misstatement resulting from <br />fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, <br />intentional omissions, misrepresentations, or the override of internal control. Misstatements <br />are considered material if there is a substantial likelihood that, individually or in the <br />aggregate, they would influence the judgment made by a reasonable user based on the <br />financial statements. <br /> <br /> <br />14