2008 Audit firstsec

Lane Council of Governments Annual Financial Report For the Year Ended June 30, 2008 LANE COUNCIL OF GOVERNMENTS __________ ANNUAL FINANCIAL REPORT For the Year Ended June 30, 2008 LANE COUNCIL OF GOVERNMENTS TABLE OF CONTENTS __________ Page INTRODUCTORY SECTION Board of Directors ...................................................................................................................................................i Organizational Chart ............................................................................................................................................ ii Letter from the Executive Director ...................................................................................................................... iii FINANCIAL SECTION Independent Auditor's Report ............................................................................................................................ 1-2 Management’s Discussion and Analysis ......................................................................................................... 3-11 Basic Financial Statements: Government-wide Financial Statements: Statement of Net Assets ........................................................................................................................12 ent of Activities ........................ ...