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OTHER INFORMATION <br /> Independent Audit. State statutes require an annual audit by independent certified <br /> public accountants. The accounting firm of Eide Bailly LLP was retained by City Council <br /> for this purpose. The auditors' report on the Basic Financial Statements is included in the <br /> financial section of this report. <br /> Awards. The Government Finance Officers Association of the United States and <br /> Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial <br /> Reporting to the City of Louisville for its Comprehensive Annual Financial Report for the <br /> fiscal year ended December 31, 2012. This was the twenty-third consecutive year the <br /> City of Louisville has received this prestigious award. In order to be awarded a <br /> Certificate of Achievement, a government must publish an easily readable and efficiently <br /> organized Comprehensive Annual Financial Report. This report must satisfy both <br /> generally accepted accounting principles and applicable legal requirements. <br /> A Certificate of Achievement is valid for a period of one year only. We believe that our <br /> current Comprehensive Annual Financial Report continues to meet the Certificate of <br /> Achievement Program's requirements and we are submitting it to the GFOA to determine <br /> its eligibility for another certificate. <br /> In addition, the City of Louisville also received the GFOA's Award for Distinguished <br /> Budget Presentation for the 2013 fiscal year. This was the twenty-fourth consecutive <br /> year the City of Louisville has received this award. In order to qualify for the <br /> Distinguished Budget Presentation Award, the City's budget document was judged to be <br /> proficient as a policy document, financial plan, operations guide, and communications <br /> device. <br /> Acknowledgments. The preparation of this report would not have been possible <br /> without the efficient and dedicated efforts of the entire City staff. We especially thank all <br /> members of the City's Finance Department for their exceptional efforts and the staff of <br /> Eide Bailly LLP for the professional manner in which they have accomplished our audit <br /> and their assistance in the publication of the City's Comprehensive Annual Financial <br /> Report. We thank the Mayor and City Council for their effective fiscal and policy <br /> direction and their support in planning and conducting the financial operations of the City <br /> in a responsible and progressive manner. <br /> Respectfully Submitted, <br /> lediit Path/ Xeartt Witteid4 <br /> Malcolm Fleming Kevin C. Watson <br /> City Manager Director of Finance <br /> 4 <br />