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City of Louisville, Colorado <br /> Comprehensive Annual Financial Report <br /> For the Year Ended December 31, 2006 <br /> Table of Contents <br /> Exhibit Page <br /> Introductory Section: <br /> Letter of Transmittal 1 <br /> Certificate of Achievement for Excellence in Financial Reporting 5 <br /> Organization Chart 6 <br /> Directory of City Officials 7 <br /> Financial Section: <br /> Independent Auditors' Report 9 <br /> Management's Discussion &Analysis 11 <br /> Basic Financial Statements <br /> Statement of Net Assets 1 25 <br /> Statement of Activities 2 26 <br /> Balance Sheet—Governmental Funds 3 28 <br /> Reconciliation of the Balance Sheet to the <br /> Statement of Net Assets 3 31 <br /> Combined Statement of Revenues, <br /> Expenditures, and Changes in Fund <br /> Balances —Governmental Funds 4 32 <br /> Reconciliation of the Statement of Revenues, <br /> Expenditures, and Changes in Fund Balances <br /> Of Governmental Funds to the <br /> Statement of Activities 4 35 <br /> Statement of Net Assets— Proprietary Funds 5 36 <br /> Statement of Revenues, Expenses, and <br /> Changes in Fund Net Assets — Proprietary Funds 6 38 <br /> Statement of Cash Flows — Proprietary Funds 7 39 <br />