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R2006-071 05-22-06 RESOLUTION NO. R2006-71 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, ACCEPTING THE CITY'S ANNUAL AUDIT MANAGEMENT LETTER AS PREPARED BY THE ACCOUNTING FIRM OF PATTILLO, BROWN AND HILL, L. L. P. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That certain financial audit management letter as prepared by Patillio, Brown and Hill, L. L. P., a copy of which is attached hereto as Exhibit "A" and made a part hereof for all purposes, is hereby authorized and approved. Section 2. That the City Council accepts the City's annual financial audit management letter. PASSED, APPROVED and ADOPTED this the 22nd day of May, AD., 2006. ,\,\'......."', \,\\\'.:.iIIJ. ~A/;:Of".1 i',j.~ ~ i~1 \ ~~ ! ~ . . "" = :: v ~ . "1'_ - J = \. A T rzr~ j i ~ ,....,...- ~ ~ s "'", ~ , ~f2w TOM REID MAYOR APPROVED AS TO FORM: ~~ It. (j,L DARRIN M. COKER CITY ATTORNEY EXHIBIT i A" - PH~ PAT T ILL 0, B ROW N & H ILL, 1.. 1.. P. CERTIFIED PUBLIC ACCOUNTANTS. BUSINESS CONSULTANTS INDEPENDENT AUDITORS' REPORT To the Honorable Mayor and Member of the City of Council City of Pearland, Texas We have audited the accompanying financial statements of the governmental activities, the business-type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of the City of Pearland, Texas, as of and for the year ended September 30, 2005, which collectively comprise the City's basic financial statements as listed in the table of contents. These financial statements are the responsibility of the City of Pearland, Texas' management. Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinions. In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of the City of Pearland, Texas, as of September 30, 2005, and the respective changes in financial position and cash flows, where applicable, thereof and the respective budgetary comparison for the General Fund for the year then ended in conformity with accounting principles generally accepted in the United States of America. In accordance with Government Auditing Standards, we have also issued our report dated March 10, 2006, on our consideration of the City of Pearl and, Texas' internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be considered in conjunction with this report in considering the results of our audit. 1 401 WEST HlGHW A Y 6 . P. O. BOX 20725 . WACO, TX 76702-0725 . (254) 772-4901. FAX: (254) 772-4920. www.pbhcpa.com AFFlLIA TE OFFICES: BROWNSVILLE, TX (956) 544-7778 . HlLLSBORO, TX (254) 582-2583 TEMPLE, TX (254) 791-3460. ALBUQUERQUE, NM (505) 266-5904 The management's discussion and analysis on pages 3 through 10 is not a required part of the basic financial statements but is supplementary information required by accounting principles generally accepted in the United States of America. We have applied certain limited procedures, which consisted principally of inquiries of management regarding the methods of measurement and presentation of the required supplementary information. However, we did not audit the information and express no opinion on it. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City of Pearland, Texas' basic financial statements. The introductory section, combining and individual fund financial statements and schedules, and statistical tables are presented for purposes of additional analysis and are not a required part of the basic financial statements. The combining and individual fund financial statements and schedules have been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole. The introductory section and statistical tables have not been subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we express no opinion on them. ?ct,"'h..U.o I \S~ ~ th..U.) L. L.f. March 10,2006 2 [/lijj oJ Y8flflfJfJ.4 7~rfJlJ Jlilf!}fl1 YB~:r:~f)0f({/{)H",-?fgJJ.gfE1VB. J-l/ ffl!J{11 JiYJ.!J./J.!:itilJ1g f) or f - - , ~ For the year ended September 30, 2005