2016.07.05 CC Packet - Laserfiche WebLink

Home

IASMITH•SCHAFER & A 5 5 O C IAT E 5, LTD. Certified Public Accountants and Consultants Members of American Institute of CPA's Private Companies Practice Section, Minnesota Society of CPA`; MINNESOTA LEGAL COMPLIANCE Independent Auditor's Report To the Honorable Mayor and Members of the City Council City of Hugo We have audited, in accordance with auditing standards generally accepted in the United States of America, the financial statements of the governmental activities, the business -type activities, each major fund and the remaining fund information of the City of Hugo, Minnesota, as of and for the year ended December 31, 2015, and the related notes to the financial statements, and have issued our report thereon dated June 9, 2016. The Minnesota Legal Compliance Audit Guide for Cities, promulgated by the State Auditor pursuant to Minnesota State Statutes Sec. 6.65, contains seven categories of compliance to be tested: contracting and bidding, deposits and investments, conflicts of interest, public indebtedness, claims and disbursements, miscellaneous provisions and tax increment financing. Our audit considered all of the listed categories. In connection with our audit, nothing came to our attention that caused us to believe that the City of Hugo, Minnesota failed to comply with the provisions of the Minnesota Legal Compliance Audit Guide for Cities, other than the issue noted below. However, our audit was not directed primarily toward obtaining knowledge of such noncompliance. Accordingly, had we performed additional procedures, other matters may have come to our attention regarding the City of Hugo, Minnesota's noncompliance with the above referenced provisions. As of December 31, 2015, the City's records showed uncashed checks held for more than three years. These checks were not reported and paid to the state Commissions of Commerce pursuant to Minn. Stat. Sections 345.41 and 345.43. This report is intended solely for the information and use of those charged with governance and management of the City of Hugo, Minnesota and the State Auditor and is not intended to be, and should not be, used by anyone other than these specified parties. Gmw0 k, &Li'`�.F Maplewood, Minnesota June 9, 2016 Maplewood Office • 2035 E County Road D • Suite A • Maplewood MN 55109 • PH (551) 770-8414 • FAX (651) 770-5175 Offices in: Edina, Red Wing, and Rochester • www.sniiihschafer.com _. PrrmeGlabal Member of PrimeGlobel. A Global Association of Independent Accounting Farms