SA_FULL PACKET_2012-12-17 - Laserfiche WebLink

Home Browse Search

Certified Public Accountants. Successor Agency to the Commtunity Redevelopment Agency of the City of Santa Ana Santa Ana, California Independent Accountant's Report on Applying Agreed-Upon Procedures We have performed the procedures in Attachment A, which were agreed to by the Successor Agency to the Community Redevelopment Agency of the City of Santa Ana (Successor Agency), California State Controller's Office and California Department of Finance (collectively referred to as Specified Parties) solely to assist you in determining the balances available for transfer to taxing entities from assets transferred to the Successor Agency, excluding assets transferred from the Low and Moderate Income Housing Fund of the former redevelopment agency, as prescribed in Section 34179.5 of the California Health and Safety Code (Code) as of June 30, 2012. The scope of this engagement was limited to performing the agreed-upon procedures set forth in Attachment A. Attachment A also identifies the findings noted as a result of the procedures performed. Management of the Successor Agency is responsible for the accounting records. This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. The sufficiency of these procedures is solely the responsibility of the Specified Parties. Consequently, we. make no representation regarding die sufficiency of the procedures, either for the purpose for which this report has been requested, or for any other purpose. Sarramento Oakland LA/Century City Newport [Beach San Diego Seattle We were not engaged to and did not conduct an audit, the objective of which would be the expression of an opinion on the assets transferred to the Successor Agency, excluding assets transferred from the Low and Moderate Income Housing Fund of the former redevelopment agency, and the balance available for transfer to the taxing entities. Accordingly, we do not express such an opinion. Had we performed additional procedures, other matters may have come to our attention that would have been reported to you. This report is intended solely for the information and use of the Successor Agency, California State Controller's Office and California Department of Finance and is not intended to be, and should not be, used by anyone other than these specified parties. 'moo Newport Beach, California December 7, 2012 Walnut Creek 2121 N Celit.,,rnia Blvd., Suite 750 Wilnut CroPk, CA 94596 925.274.0190 www.mgocpa,com 2-71