| Show ' The enclosed City funds Murray 11 The S is ’” City's when x for earned all funds and general basis Most recorded are maintained are the financial for all condition of 4 1977 accrual expenditures and enterprise 30 June transactions financial reflect records modified a of the and 1976-77 year as financial on summarize reports fiscal the Corporation City maintained J financial during on governmental when full a operations are revenues are recorded incurred Accounting records significant accrual basis ’s Budgetary J system H iv purchase TA rJ'v'X i - rU-iS Encumbrances orders to prior appropriation made maintained is control their balances available release not are until or by appropriation and appropriation balances vendors to Purchase until released budgetary a formal against a made are transfer which orders additional encumbrance for exceed appropriations are approved is ! i x All 11 the of been City's books by audited an Wunderli Terry opinion the on account of independent Anderson Price condition of financial Certified and Carrier City's Murray records and transactions have Accounting firm McEwan Public the In financial letter below appears la their statements statements This 3 annual report between S Clifford S J 1 is the dedicated citizens further to of strengthening City the the contact municipal their and and the cooperation government Brown SB Sb Respectfully K submitted j a M Speaking inancially I i Clifford i I Auditor "" I ! r— 4 City Murray " Brown J M C£wah JOSEPH R EVAN EREO ROBERT T accountants n AMERICAN '"’I"””rTrmD EMBERSOE ACCOUNTANTS public BULONO BROAOVAV SUTE SOO TEN UTAH BAO SALT LAKE CITY MCEWAN W Carrie” 3 ANDERSON pB1CE W R°ED terr aa f PUBLIC TERRY WUNOERLl 1? n PRICE ANDERSON KAY CARRIER CLINTON GAYLE p carrier 0 i L Hm R M The : Honorable CorporX City Utah Hurray Murray s o-p J’? Hv c“t9J5”iaenUHeb " TuoH ended I various the of ' : June to notes the finan accepted enerally iaiibo I hi f- jr t'iS g Tj rll I m X'TS' standards and 8UCh auditing accounting re the n nt necessary idered UUUOw rb To our oplorou financial P the present j rAtv pr auditing other rrtimD on H — uau- statements financial "'““"’“bo ”d HoJune at 197 30 Res h TtXcirutiAund Ji rW fS"utilPi°ty forcorlncipeies und P IH: Sb I applied on a basis-t 8 Ml i: a Schedule J? ' Jjf but are included il we do effientary aes in audit iiiB material financial "resented J presentation p- not in respects when statements Schedules in rnCC SU the of P “ a necessary presented not 1 I tatements balance combined for V7 supplementary accompanying 4h4ughe5tlncludinggtho°a“Morandum0nly' Schedules iTs ® iWric k l The Wf 11 I f' our data suPP r conjunction statrsL The & 7 1 not audited a by data entary subjecte lo - 5 ibiecten fairly Stated ted 1S opinion with tthe with considered c Thi in 11 basic ation accordingly us o OpilliV " ? g ’W’!' aB l i JKrg September X w f I ’‘X saL'E c r-dWP 30 1977 : : |
