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C T 6.1. B. - Page 212 L Caporicci & Larson, Inc. ASubsidiary ofMarcum ITP Cert�ed Public Accountants REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Honorable Mayor and Menlbers of City Council of the City of Pedwood City Pedwood City, California We 11ave audited the financial statenlents of the governmental activities, the business-type activities, each nlajor fund, and the aggregate renlaining fund infornlation of City of Redwood City (City) as of and for $Ze year ended June 30, 2011, which collectively conlprise the City's basic financial statenlents and have issued our report tllereon dated Decenlber 7, 2011. We conducted our audit in accordance wi$1 auditing standards generally accepted in fl1e United States and the standards applicable to financial audits contauled in Goz�ernrrient Auditing St�zndc�rc�s, issued by t11e Comptroller General of t11e United States. Internal Control Over Financial Reportin� In planning and perfornung our audit, we considered flze City's internal control over financial reporting as a basis for designing our audit procedures for the purpose of expressing our opinion on the financial statenlents, but not for the purpose of expressing an opulion on the effectiveness of the City's ulternal control over fuzancial reportuzg. Accordingly, we do not express an opinion on the effectiveness of the City's internal control over financial reporting. A deficienc� in internal cont��ol exists when the design or operation of a control does not allow nlanagenlent or enlployees, in the nornlal course of perfornling their assigned functions, to prevent, or detect and correct nusstatenlents on a tinlely basis. A n�iate��ial zve��kness is a deficiency, or a conlbulation of deficiencies, u1 ulternal control such that tllere is a reasonable possibility that a nlaterial nusstatenlent of the entity's financial statenlents will not be prevented, or detected and corrected on a tinlely basis. Our consideration of internal control over financial reporting was for the linuted purpose described in the first paragraph of this section and was not designed to identify all deficiencies in ulternal control over financial reporting that nlight be deficiencies, significant deficiencies, or nlaterial weaknesses. We did not identify any deficiencies in internal control over financial reporting that we consider to be nlaterial wealalesses, as defined above. However, we identified one deficiency in internal control over financial reporting, described in the acconlpanying schedule of findings and questioned costs, as itenl FS 2011-01, that we consider to be a significant deficiency in internal control over financial reporting. A significant deficiency is a deficiency, or a conlbulation of deficiencies, u1 internal control that is less severe than a nlaterial weakness, yet inlportant enough to nlerit attention by those charged with governance. www olcpa.com