C150274 Financials 2009

• Contract/PO #: C150274
• Contractor Name: Yuma County
• Contract Type: Loan
• Loan Projects - Doc Type: Report

MCMAHAN AND ASSOCIATES, L. L.C.
Certified Public Accountants and Consultants
I WEB SITE: WWW.MCMAHANCPA.COM
CHAPEL SQUARE, BLDG C MAIN OFFICE: [phone]
245 CHAPEL PLACE, SUITE 300 FACSIMILE: (970) 845-8 108
P.O. Box 5850, AVON, CO 81620 E-MAIL: MCMAHAN @MCMAHANCPA.COM
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INDEPENDENT AUDITOR'S REPORT
Board of County Commissioners
Yuma County
Wray, Colorado
' We have audited the accompanying financial statements of the governmental activities, the discretely
presented component unit, each major fund, and the aggregate remaining fund information of Yuma
County, Colorado, (the"County"), as of and for the year ended December 31, 2009, which collectively
comprise the County's basic financial statements as listed in the table of contents. These financial
statements are the responsibility of the management of the County. Our responsibility is to express
opinions on these financial statements based on our audit.
We conducted our audit in accordance with auditing standards generally accepted in the United States of
America and the standards applicable to financial audits contained in Government Auditing Standards,
issued by the Comptroller General of the United States. Those standards require that we plan and
' perform the audit to obtain reasonable assurance about 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 well as evaluating the overall financial
' statement presentation. We believe that our audit provides a reasonable basis for our opinions.
In our opinion, the financial statements referred to above presently fairly, in all material respects, the
respective financial position of the governmental activities, the discretely presented component unit, each
' major fund, and the aggregate remaining fund information of the County as of December 31, 2009, and
the respective changes in financial position, thereof for the year then ended in conformity with accounting
principles generally accepted in the United States of America.
' In accordance with Government Auditing Standards,we have also issued our report dated August 13,
2010, on our consideration of the County's internal controls over financial reporting and on our tests of its
compliance with certain provisions of laws, regulations, contracts, and grant agreements and other
' matters. The purpose of that report is to describe the scope of our testing of internal control over financial
reporting and compliance and the results of that testing, and not to provide an opinion on the internal
control over financial reporting or on compliance. That report is an integral part of an audit performed in
accordance with Government Auditing Standards and should be considered in assessing the results of
our audit.
The Management's Discussion and Analysis in Section B is not a required part of the basic financial
statements but is supplementary information required by the Governmental Accounting Standards Board.
We have applied certain limited procedures, which consisted principally of inquiries of management
regarding the methods of measurement and presentation of the required supplementary information.
However, we did not audit the information and express no opinion on it.
Member:Armzerican. Institute of Certified Public ACCOUlltants
D. JERRY MCMAHAN, C.P.A. DANIEL R. CUDAHY, C.P.A.
PAUL J. BACKES, C.P.A. MICHAEL N. JENKINS, C.A., C.P.A.
AVON ASPEN FRISCO
[phone] [phone] [phone]
Al
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