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To the Board of Directors 6.1. B. - Page 208 of the City of Redwood City Redevelopment Agency Redwood City, Califonlia Page 2 A c�eficiency in intern�zl control oz�er complir�nce exists when t11e design or operation of a control does not allow managenlent or enlployees, in the nornlal course of perfornung flzeir assib ed functions, to prevent, or detect and correct, noncompliance on a tinlely basis. A rri�teru�l u�er�kness in inte��n«1 control ove�� compliance is a deficiency, or conlbination of deficiencies u1 internal control over conlpliance, such that there is a reasonable possibility that material noncompliance with a compli�zce requirement will not be prevented, or detected and corrected, on a timely basis. Our consideration of internal control over compliance was for the linuted purpose described in fl�e first paragraph of t11is section and was not designed to identify all deficiencies in internal control that nught be deficiencies, significant deficiencies, or material weaknesses in intenzal control over compliance. We did not identify any deficiencies in internal control over conlpliance that we consider to be nlaterial weaknesses, as defined above. T11e Agency's response to t11e fuldulg identified in our audit is described uz the acconlpanying sclledule of findings and responses. We did not audit the Agency's responses and, accorduzgly, we express no opinion on the response. This report is intended solely for the information and use of nlanagenlent, the Board of Directors, others within the entity, and the State Controller's Office, Division of Accounting and Reporting and is not intended to be and should not be used by anyone other than these specified parties. � � � �t.�'�'"� � �r� • � Caporicci & Larson, Inc. A Subsidiary of Marcum LLP Certified Public Accountants San Francisco, California December 7, 2011 52