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Introductory Section: <br />City of Louisville, Colorado <br />Comprehensive Annual Financial Report <br />For the Year Ended December 31, 2009 <br />Table of Contents <br />Exhibit Page <br />Letter of Transmittal 1 <br />Certificate of Achievement for Excellence in Financial Reporting 6 <br />Organization Chart 7 <br />Directory of City Officials 8 <br />Financial Section: <br />Independent Auditors' Report 9 <br />Management's Discussion & Analysis 11 <br />Basic Financial Statements <br />Statement of Net Assets 1 23 <br />Statement of Activities 2 24 <br />Balance Sheet — Governmental Funds 3 26 <br />Reconciliation of the Balance Sheet to the <br />Statement of Net Assets 3 27 <br />Statement of Revenues, Expenditures, <br />and Changes in Fund Balances — <br />Governmental Funds 4 28 <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 29 <br />Statement of Net Assets — Proprietary Funds 5 30 <br />Statement of Revenues, Expenses, and <br />Changes in Fund Net Assets — Proprietary Funds 6 32 <br />Statement of Cash Flows — Proprietary Funds 7 33 <br />