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Our audit was conducted for the purpose of forming an opinion on the basic financial statements. <br /> The budgetary comparison infolination, Schedule 1 on pages 24 through 25 and Schedule 2, the <br /> schedule of water operating expenses and general and administrative expenses, on page 26 are <br /> presented for the purposes of additional analysis and are not a required part of the basic financial <br /> statements. Both Schedule 1 and Schedule 2 have been subjected to the auditing procedures applied <br /> in the audit of the basic financial statements and, in our opinion, are fairly stated in all material <br /> respects in relation to the basic financial statements taken as a whole. The introductory section and <br /> statistical tables have not been subjected to the auditing procedures applied in the audit of the basic <br /> financial statements and, accordingly, we express no opinion on them. <br /> eNE a44_ 4.- I �� <br /> Certified Public Accountants <br /> July 24, 2012 <br /> Page 8 <br />