Audit report city of Lake Stevens Snohomish County

Washington State Auditor’s Office Financial Statements Audit Report City of Lake Stevens Snohomish County Audit Period January 1, 2005 through December 31, 2006 Report No. 73929 Issue Date January 28, 2008 yyyy Washington State Auditor Brian Sonntag January 28, 2008 Mayor and City Council City of Lake Stevens Lake Stevens, Washington Report on Financial Statements Please find attached our report on the City of Lake Stevens’ financial statements. We are issuing this report in order to provide information on the City’s financial condition. In addition to this work, we look at other areas of our audit client’s operations for compliance with state laws and regulations. The results of that audit will be included in a separately issued accountability report. Sincerely, BRIAN SONNTAG, CGFM STATE AUDITOR Insurance Building, P.O. Box 40021 Olympia, Washington 98504-0021 (360) 902-0370 TDD Relay (800) 833-6388 FAX (360) 753-0646 http://www.sao.wa.gov Table of Contents City of Lake Stevens Snohomish County January 1, 2005 through December 31, 2006 Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters in Accordance with Government Auditing Standards ........................................ 1 Independent Auditor’s Report on Financial Statements ..................................................................... ...