SWCASR FINANCIAL REPORT 12-31-2001

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I l • •ABDO C; EICK � J M1 _ MEYERS LLP ' Certified Public Accountants &Consultants Grandview Square 5201 Eden Avenue Suite 370 Edina,MN 55436 1 INDEPENDENT AUDITOR'S REPORT Board of Directors Sherburne/Wright Counties Cable Communication Commission Minneapolis,Minnesota I We have audited the accompanying financial statements of the Sherburne/Wright Counties Cable Communication Commission (the Commission)as of and for the year ended December 31,2001 as listed in the table of contents. These fmancial statements are the responsibility of the Commission's management. Our responsibility is to express an opinion on these fmancial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the fmancial statements are free 1 of material misstatement. An audit includes examining,on a test basis,evidence supporting the amounts and disclosures in the fmancial statements. An audit also includes assessing the accounting principles used and significant estimates made by management,as well as evaluating the overall fmancial statement presentation. We believe that our audit provides a reasonable basis for our opinion. ' In our opinion,the financial statements referred to above present fairly,in all material respects,the fmancial position of the Commission at December 31,2001 and the results of its operations for the year then ended,in conformity with accounting principles generally accepted in the United States of America. 1 I October 30,2002 abdOdt !Mei" P ABDO,EICK&MEYERS,LLP Minneapolis,Minnesota Certified Public Accountants 1 I I i 1 ' 952.835.9090 Fax 952.835.3261 www.aemcpas.com