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The General Purpose Financial Statements (Combined Statements - Overview) of the City for the fiscal <br /> year ended June 30, 1993 (the "Audited Financial Statement"), have been examined by Deloitte&Touche, <br /> Santa Ana, California, independent certified public accountants, whose report thereon appears in Appendix B. <br /> The auditor's letter concludes that the audited financial statements present fairly, in all material <br /> respects, the financial position of the City and the results of its operations and cash flows of its proprietary fund <br /> types for the year then ended, in conformity with generally accepted accounting principles. A complete copy of <br /> the Comprehensive Annual Financial Report of the City for the year ended June 30, 1993, which includes the <br /> Audited Financial Statements as well as certain other supplemental and statistical information, is available upon <br /> written request from the City, Department of Finance and Management Services, 20 Civic Center Plaza, Santa <br /> Ana, California, 92702 Attention: Executive Director. <br /> Certificate of Achievement <br /> The Government Finance Officer's Association of the United States and Canada (GFOA) awarded a <br /> Certificate of Achievement for Excellence in Financial Reporting to the City for its comprehensive annual <br /> financial report for the fiscal year ended June 30, 1993. This is the seventeenth consecutive year that the City <br /> has received this recognition. <br /> In order to be awarded a Certificate of Achievement, a governmental unit must publish an easily <br /> readable and efficiently organized comprehensive annual financial report with contents conforming to program <br /> standards. Such reports must satisfy both generally accepted accounting principles and applicable legal <br /> requirements. <br /> 27 <br />