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4.2. SR 07-19-1993
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4.2. SR 07-19-1993
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7/19/1993
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<br />. <br /> <br />1 <br />.e <br />I <br /> <br />e <br /> <br />APIX) <br /> <br /> <br />CERTIFIED PUBLIC ACCOUNTANTS <br />AND CoNSULTANTS <br /> <br />INDEPENDENT AUDITOR'S REPORT <br /> <br />Board of Trustees <br />Elk River Fire Relief Association <br />Elk River, Minnesota <br /> <br />We have audited the accompanying balance sheets of the Elk River Fire Relief <br />Association Special Pension Trust Fund as of December 31, 1992 and 1991, and <br />the related statements of revenue, expenses and changes in fund balance and <br />changes in financial position for the years then ended. These financial <br />statements are the responsibility of the Association's management. Our <br />responsibility is to express an opinion on these financial statements based on <br />our audits. <br /> <br />We conducted Our audits in accordance with generally accepted auditing <br />standards. Those standards require that we plan and perform the audit to <br />obtain reasonable assurance about whether the financial statements are free of <br />material misstatement. An audit also includes assessing the accounting <br />principles used and significant estimates made by management, as well as <br />evaluating the overall financial statement presentation. We believe that our <br />audits provide a reasonable basis for our opinion. <br /> <br />In our opinion, the financial statements referred to above present fairly, in <br />all material respects, the financial position of the Elk River Fire Relief <br />Association Special Pension Trust Fund as of December 31, 1992 and 1991, and <br />the results of its operations and the changes in its financial position for <br />the years then ended in conformity with generally accepted accounting <br />principles. <br /> <br />April 19, 1993 <br />Minneapolis, Minnesota <br /> <br />&, tU.lo!. ~ <br /> <br />ABDO, ABDO & EICK <br />Certified Public Accountants <br /> <br />Member of American Institute of Certified Public Accountants Private Companies Practice Section <br /> <br />115 EAST HICKORY STREET, SUITE 302 <br />1'0 BOX 1166 <br />MANKA1Q MINNESOY, 56002.1166 <br />(5()1) 625-2127 <br />fA)( (5()1) JB8.91l9 <br /> <br />lOl EAST PEARl. STREET <br />P.Q BOX H5 <br />OWA1ONNA. MINNESOTA 5~H5 <br />(5()71451-9116 <br />fA)( (5()1) 45'-<)794 <br /> <br />1060 NORTHlAND PL~ZA <br />l800 ~'EST 80TH STREET <br />MINNEAPOUs, MINNESOTA 55411 <br />(6121 815-_ <br />fAX (61l1 B96-16l0 <br />
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