Agenda Package - City of Vernon

BDO Dunrvoody lln
Chartered Accountants
and Advisors
To the Members of Councilof
THE CORPORATION OF THE CITY OF VERNON
2 ' Floor, CIBC Building
3201 - 30'h Avenue
Vernon BC Canada VIT 2C6
Telephone, 1250\ 545-2136
Fax (250) 545-3364
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Auditors' Report
We have audited the consolidated statement ol financial position of The Corporation of the City of
Vernon as at December 31, 2008 and the consolidated statements ol financial activities,
segmented financial acf¡vit¡es and cash flows for the year then ended. These financial statements
are the responsibility of the Corporation's management. Our responsibility is to express an
opinion on these financialstatements based on our audit.
We conducted our audit in accordance with Canadian generally accepted auditing standards.
Those standards require thet we plan and perform an audit to obtain reasonable assuranoe
whether the financial statements are free of material misstatement. An audit includes examining,
on a test basis, evidence supporting the amounts and disclosures in the financial statements. An
audit also includes assessing the accounting principles used and significant estimates made by
management, as wellas evaluating the overallfinancialstatement presentation.
ln our opinion, these consolidated financial statements present fairly, in all material respects, the
financial position of the Corporation as at December 31, 2008 and the results ol its financial
activities and changes in its financial position for the year then ended in accordance with
Canadian generally accepted accounting principles.
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Chartered Accountants
Vernon, British Columbia
March 6, 2009
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