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7.1.A. - Page 165 <br /> (OD r BADAWI&ASSOCIATES <br /> CERTIFIED PUBLIC ACCOUN IAN I S <br /> INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL OVER FINANCIAL <br /> REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF <br /> FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING <br /> STANDARDS <br /> To the Honorable Mayor and Members of City Council <br /> of the City of Redwood City <br /> Redwood City, California <br /> We have audited, in accordance with the auditing standards generally accepted in the United States of <br /> America and the standards applicable to financial audits contained in Government Auditing Standards <br /> issued by the Comptroller General of the United States, the financial statements of the governmental <br /> activities, the business -type activities, each major fund, and the aggregate remaining fund information <br /> of City of Redwood City, California (City), as of and for the year ended June 30, 2014, and the related <br /> notes to the financial statements, which collectively comprise City's basic financial statements, and <br /> have issued our report thereon dated December 22, 2014. <br /> Internal Control Over Financial Reporting <br /> In planning and performing our audit of the financial statements, we considered City's internal control <br /> over financial reporting (internal control) to determine the audit procedures that are appropriate in the <br /> circumstances for the purpose of expressing our opinions on the financial statements, but not for the <br /> purpose of expressing an opinion on the effectiveness of City's internal control. Accordingly, we do not <br /> express an opinion on the effectiveness of City's internal control. <br /> A deficiency in internal control exists when the design or operation of a control does not allow <br /> management or employees, in the normal course of performing their assigned functions, to prevent, or <br /> detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination <br /> of deficiencies, in internal control, such that there is a reasonable possibility that a material <br /> misstatement of the entity's financial statements will not be prevented, or detected and corrected on a <br /> timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control <br /> that is less severe than a material weakness, yet important enough to merit attention by those charged <br /> with governance. <br /> Our consideration of internal control was for the limited purpose described in the first paragraph of <br /> this section and was not designed to identify all deficiencies in internal control that might be material <br /> weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify <br /> any deficiencies in internal control that we consider to be material weaknesses. However, material <br /> weaknesses may exist that have not been identified. <br /> Address: 180 Grand Avenue, Suite 1500 Oakland, CA 94612 • Phone: 510.768.8251 • Fax: 510.768.8249 <br /> 137 <br />