Laserfiche WebLink
<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> PAM <br /> u..\\\\\uam ~\March 29, 2010 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> Mayor Jesse Freelen <br /> and Members of the City Council <br /> City of Paris, Texas <br /> <br /> <br /> Dear Mayor and Council Me bers: <br /> <br /> I am pleased to submit the Comprehensive Annual Financial Report of the City of Paris, Texas, for the fiscal year ended <br /> September 30, 2009. <br /> <br /> The City of Paris is a fmancia reporting entity as defined by the Government Accounting Standards Board codification section <br /> 2100. As such, it has a separately elected governing body chosen by its citizens in a general, popular election, is a legally <br /> separate primary government, and is fiscally independent of other state and local governments. The financial reporting entity <br /> includes all the funds of the p imary government and its component unit, the Paris Economic Development Corporation. More <br /> information about PEDC can be found in footnote I.A. which deals with reporting entity topics. There are no other potential <br /> component units. <br /> <br /> The primary purpose of this report is to provide the City Council, citizens, financial community, and others with detailed <br /> information concerning the f ancial condition and performance of the City of Paris. It is strongly recommended that any user <br /> of this report read the Management's Discussion and Analysis included in the financial section of the report. In addition, this <br /> report provides assurance that the City presents fairly its financial position as verified by independent auditors. <br /> <br /> THE COMPREHENSIVE ANNUAL FINANCIAL REPORT <br /> <br /> The Comprehensive Annual financial Report of the City of Paris, Texas, for the fiscal year ended September 30, 2009, which <br /> follows, was prepared by the Finance Department. The financial statements have been audited by McClanahan and.Hohnes, <br /> LLP, CPAs, whose report is ' cluded herein. This audit satisfies Article III, Section 35 of the City Charter which requires that <br /> an annual audit of all account of the City be made by an independent certified public accountant. <br /> <br /> <br /> <br /> <br /> <br /> <br /> I-1 <br /> <br /> <br /> P.O. BOX 90 7 • PARIS, TEXAS 75461-9037 • (903) 785-7511 • FAX (903) 785-8519 <br />