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INDEPENDENT AUDITORS' REPORT <br />The Honorable Mayor and <br />Members of the City Council <br />of the City of Santa Ana <br />Santa Ana, California <br />Report on the Financial Statements <br />We have audited the accompanying financial statements of the Air Quality Improvement Special <br />Revenue Fund (AQMD) of the City of Santa Ana, California (the City), as of and for the year ended <br />June 30, 2018, and the related notes to the financial statements, as listed in the table of contents. <br />Management's Responsibility for the Financial Statements <br />Management is responsible for the preparation and fair presentation of these financial statements in <br />accordance with accounting principles generally accepted in the United States of America; this <br />includes the design, implementation, and maintenance of internal control relevant to the preparation <br />and fair presentation of financial statements that are free from material misstatement, whether due to <br />fraud or error. <br />Auditors' Responsibility <br />Our responsibility is to express an opinion on these financial statements based on our audit. We <br />conducted our audit in accordance with auditing standards generally accepted in the United States of <br />America and the standards applicable to financial audits contained in Government Auditing Standards, <br />issued by the Comptroller General of the United States. Those standards require that we plan and <br />perform the audit to obtain reasonable assurance about whether the financial statements are free from <br />material misstatement. <br />An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in <br />the financial statements. The procedures selected depend on the auditors' judgment, including the <br />assessment of the risks of material misstatement of the financial statements, whether due to fraud or <br />error. In making those risk assessments, the auditors consider internal control relevant to the City's <br />preparation and fair presentation of the AQMD's financial statements in order to design audit <br />procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion <br />on the effectiveness of the City's internal control. Accordingly, we express no such opinion. An audit <br />also includes evaluating the appropriateness of accounting policies used and the reasonableness of <br />significant accounting estimates made by management, as well as evaluating the overall presentation of <br />the financial statements. <br />We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for <br />our audit opinion. <br />-1- <br />2875 Michelle Drive, Suite 300, Irvine, CA 92606 • Tel. 714.978.1300 • Fax: 714.978.7893 <br />Offices located iia.Uf? Diego Counties <br />