|
<br />
<br />
<br />
<br />
<br /> MCCLANAHAN AND HOLMES, LLP
<br /> CERTIFIED PUBLIC ACCOUNTANTS
<br /> R. FRANK RAY, CPA 228 SIXTH STREET S.E.
<br /> R. E. BOSTWICK, CPA PARIS, TEXAS 75460
<br /> STEVEN W. MOHUNDRO, CPA 903-784-4316
<br /> GEORGE H. STRUVE, CPA FAX 903-784-4310
<br /> ANDREW B. REICH, CPA 304 WEST CHESTNUT
<br /> RUSSELL P. WOOD, CPA DENISON, TEXAS 75020
<br /> 903-465-6070
<br /> FAX 903-465-6093
<br /> 1400 WEST RUSSELL
<br /> BONHAM, TEXAS 75418
<br /> 903-583-5574
<br /> Report on Internal Control Over Financial Reporting and on FAX 903-583-9453
<br /> Compliance and Other Matters Based on an Audit of Financial Statements
<br /> Performed in Accordance with Government Auditing Standards
<br /> Honorable Mayor and City Council
<br /> City of Paris, Texas
<br /> We have audited the fm cial statements of the governmental activities, the business-type activities, the aggregate
<br /> discretely presented component units, each major fund, and the aggregate remaining fund information of the City of
<br /> Paris, Texas, as of and for the year ended September 30, 2009, which collectively comprise the City of Paris, Texas',
<br /> basic financial statements and have issued our report thereon dated March 29, 2010. We conducted our audit in
<br /> accordance with auditing s andards generally accepted in the United States of America and the standards applicable to
<br /> financial audits contained ' Government Auditing _Standards , issued by the Comptroller General of the United States.
<br /> Internal Control Over Fina cial Re ortin
<br /> In planning and performing our audit, we considered the City of Paris, Texas', internal control over financial reporting as
<br /> a basis for designing our a diting procedures for the purpose of expressing our opinions on the financial statements, but
<br /> not for the purpose of expressing an opinion on the effectiveness of the City of Paris, Texas', internal control over
<br /> financial reporting. Accordingly, we do not express an opinion on the effectiveness of the City of Paris, Texas', internal
<br /> control over financial reporting.
<br /> A control deficiency exists when the design or operation of a control does not allow management or employees, in the
<br /> normal course of perform' their assigned functions, to prevent or detect misstatements on a timely basis. A significant
<br /> deficiency is a control deficiency, or combination of control deficiencies, that adversely affects the City of Paris, Texas',
<br /> ability to initiate, authorize, record, process, or report financial data reliably in accordance with generally accepted
<br /> accounting principles such at there is more than a remote likelihood that a misstatement of the City of Paris, Texas',
<br /> financial statements that is more than inconsequential will not be prevented or detected by the City of Paris, Texas',
<br /> internal control.
<br /> A material weakness is a significant deficiency, or combination of significant deficiencies, that results in more than a
<br /> remote likelihood that a material misstatement of the financial statements will not be prevented or detected by the City of
<br /> Paris, Texas', internal control.
<br /> Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph
<br /> of this section and would n t necessarily identify all deficiencies in internal control that might be significant deficiencies
<br /> or material weaknesses. W did not identify any deficiencies in internal control over financial reporting that we consider
<br /> to be material weaknesses, as defined above.
<br /> Compliance and Other Matters
<br /> As part of obtaining reas nable assurance about whether the City of Paris, Texas', financial statements are free of
<br /> material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and
<br /> grant agreements, noncompliance with which could have a direct and material effect on the determination of
<br />
<br />
<br /> AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
<br /> 113
<br />
|