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He 6.1.E. - Page 31 Members of City Council <br /> of the City of Redwood City <br /> Redwood City,California <br /> Page 2 <br /> We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for <br /> our audit opinions. <br /> Opinions <br /> In our opinion, the financial statements referred to above present fairly, in all material respects, the <br /> respective financial position of the governmental activities, the business-type activities, each major <br /> fund, and the aggregate remaining fund information of the City, as of June 30, 2015, and the respective <br /> changes in financial position, and, where applicable, cash flows thereof for the year then ended in <br /> accordance with accounting principles generally accepted in the United States of America. <br /> Other Matters <br /> Required Supplementary Information <br /> Accounting principles generally accepted in the United States of America require that the <br /> management's discussion and analysis, budgetary comparison information, pension required <br /> supplementary information and schedules of funding progress for other post-employment benefit <br /> plans be presented to supplement the basic financial statements. Such information, although not a part <br /> of the basic financial statements, is required by the Governmental Accounting Standards Board, who <br /> considers it to be an essential part of financial reporting for placing the basic financial statements in an <br /> appropriate operational, economic, or historical context. We have applied certain limited procedures to <br /> the required supplementary information in accordance with auditing standards generally accepted in <br /> the United States of America, which consisted of inquiries of management about the methods of <br /> preparing the information and comparing the information for consistency with management's <br /> responses to our inquiries, the basic financial statements, and other knowledge we obtained during our <br /> audit of the basic financial statements. We do not express an opinion or provide any assurance on the <br /> information because the limited procedures do not provide us with sufficient evidence to express an <br /> opinion or provide any assurance. <br /> Other Information <br /> Our audit was conducted for the purpose of forming opinions on the financial statements that <br /> collectively comprise the City's basic financial statements. The introductory section, general fund <br /> comparative statements, general fund comparative budgetary schedules, combining and individual <br /> nonmajor fund financial statements, budgetary comparison information for non-major funds, and <br /> statistical section, are presented for purposes of additional analysis and are not a required part of the <br /> basic financial statements. <br /> 2 <br />