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HomeMy WebLinkAbout2008-025 Finance & McGladrey & Pullen 2008 Audit Contract .. ~ ~. ,t ~r ~'~L~:V • ~~^ h i (~ LGC-zos (Rev. uvwtnl CONTRACT TO AUDTT ACCOUNTS hiJ, ~ ~,,, ~ `Gti~ irate m rrlpuoea. of Orange County, North Carolina ` ~ ` i. „ t.'l'•'.~i\ 4 t-i0~'CmalGnllt tali 1.. `....... "`- v,s On this 24th day of March y0pg McGladrey & Pullen, LLP Auditor P.O. Box 2470, Greensboro, NC 27402-2470 Mailing Address , hereinafter referred to as the Auditor, and the Cornrttit;sionors of Orange County, North Carolina , heroinafter rcfeaed Governing Board Govemtmtal Unit W as the Governmental Unit, agree as follows: 1. The Auditor sba11 audit all statements and dtsclosura required by generally accepted accounting principles and additional required legal sutexnents and disclosures of all fords and/or divisions of the Governmevtal Unit for the period beginning ,-Mt root ,and ending .r.x ua. ,The non-major combining, and individual fund ataternatts and schedules shall be subjected to the auditing procedures applied in the audit of the basic financial statemeots and an opinion will be rendered in relation to (az applicable) the govetnntenW activities, the business-type activities, the aggregate discretely presrmted component units, each major govermnental and errterpriu fora!, and the aggregate remaining Cord usformation (nonrrujor government and tmterptise funds, the inurml service turd type, and the fiduciary Cued types). 2. At a minimum, the Auditor shall conduct his/her audh and render his/her report in accordance with generally accepted auditing standards. T~ Auditor shall perform the audit in accordance with Gowmmem Auditing Sundatds if required by the State Slagle Audit Implementation Arx, as codified in G.S. 159-34. if required by OMB Circular A-133 and thr: State Single Audit Impleatteataaon Ace, the auditor shall perform a Single Audit. 3. This eontmet rnmemplatrs an unqued fed opln/on being rendered. u financial staumutts are not prepared in accordance with generally accepted accountiog principle (GAAP), a the statements fail to include ail disclosures required by GAAP, explain thst departure from GAAP ut the space below: No tbparturae sin rnrttemplated 4. 7Tiis contract eontanplatu an unqualified opinion being rendered The audit shalt include such tats of the accounting records and such other auditutg procedures as are considued by die Auditor u be necessary in the cirottrnstances. Arry llmttationr or rrstrictions in scope which would had to a quaJ jcmion should be fully ocplained in on attachment ro rho contract The audit will haw no scope limitations except: No 8mltalions ere eontamplaletd • 5. If this audit engagement is subject u the standards for audit es defined in Government Auditing Sundards issued by the Comptroller General of the United Sates, dten the Auditor wsrtants by accepting this engagement that he has mat the retprirements far a par review and torainuiag education es specified in Govemmcnt Auditing Standards, The Auditor agrees to provide a copy of their most recent pea review report to the Gervemmentsl Unit and the Secretary of the Local Government Commission prior fo the execution of the audit eotmact (See lion 20.) 6. It is agreed that time is of the essence in this contract. Atl audits aze to be performed and the report of audit submitted by October 31 2008 7. It is agreed that. generally accepted auditing standards include a review of the Gowntmenul Unit's system of inteanal control and aaomting u same relates to aceountabiliry of funds and adherence u budget and law rexptiremrnts applicable thueto; that the Auditor will melw a written report, which may or may not be a pert of the written report of audit, to the Govendng Board setting fotth his Endings, togethu with his recommemdations for improvement That written report must include ell metros defined as `Yignifiexnt deficiencies and material wralmessas" in AU 325 of the A1CPA Professional Standards. The Auditor shall file a conv of that repot vriW the Secretary of the Local Government Commission, 8. All local government and public authoriry conhacts for annual or special audits, bookkeeping or othu assistance necessary to prepare the Unite records for audit, financial ataicmem preparation, any finance-elated investigations, or any other audit-related work in the State of Noah Carolipa require the approwi of the Sexreury of the Local Governme! Cartmission Invoices for services rendered under these contracts shall not be,paid by the Governmental Unit until the invoice has beers approved by the ~aretarv of the Local Gwernmrnt Commission (this also includes env orogress billings 1 [G.S. 159-34 and 1ISC-447) All invoices shouts be submitted in triplicau to the Secuutry of the Local Government Commission. The original and ono copy will be returned to the Auditor. Approval is not re:quved on contracts and invoices far system improvements and similar sezvices of a non-auditing nature. 9. In considuation of the satisfactory performance of the provisions of this agreement, the Governmental Unit shall pay to the Auditor, upon approval by the Secrewy of the Local Government Commission, She ffitiowing fa which indudcs any cast the Auditor bray inarr from work papa or pear reviews or any other quality assurance program required by third panics (Fe;deral end Stau grants end oversight agencies or other organaations) as rexlu'ued undo the Federal and Stau Single Audit Acts: Year-end bookkeeping assistance - (fior audits subject to Governmeart Auditfng Standards, ibis it liadted to bookkeeping servkapernrittcdbyrevisedlndependenceStandardsl '41i'fd'w° ""''""r°"1i°""'r,omrmr~e.rwrw~rwrr.~ew~.w Audit- mi°°"~'m'ww.rr~.a+.evw e..~r.w.srwe+r••ara+r..ra.w..~r..as.sm.r«p rw~.+. r..b..prrwwrrmo..+. Prepuationofthefiaancialatauments- a~00010ttl1~01awnaa..ar~v.nywr.eraw,r>a.rawrar~rae..,ed,..erraeaApa 10. Alto complexing his audit, the Auditor shall subatit to the Governing Board a written repent of audit. This report shall include, at least, Management's Disevssmn and Analysis, the financial statements of the governmental unit and all of its component units and note thereW prepared in accordance with generally accepted accounting principles, combining and supplearenury infornrazion requested by the clirnt or required for full disclosure ands fire law, end rho Auditor's opinion on the material prrsented. The Auditor shall furnish the required number of copies of the report of audit to the Governing Board as soon as practical attu the close of the aceourtting period. • il. The Andlwr shall Ble with the Local Government Cormission two copies of the report of audit, including one copy of the federal Dua Colleskn Fotm, if a federal single audit is conducted. In addition, if the North Carolina Office of the Stan Auditor dosfgnaus certain programs to be audited v major programs, a ono page tutnarotmd document and a ttpresentarion letter addttssed w the State Audiwr shall be submitted w the Local Government Commission. Two copies of the report of audit should be submitted iF the audit is performed ody undo the provisions of the Stau Single Audit haplementuion pct or a financial audit is required w be performed is accordance with Government Auditing Surtdards. Three copies of the audit should be submitted For Councils of Governments. Two copies of t>K audit should be submined for tax levying Municipalities. Otherwise, oae copy shall be submitted. Copies of the report shall be filed with the Laca1 Government Cotnmiction when (or prior to) submitting the invoice for the services rendered. All copies of the report submitted mast be board. Thor report of audit, as filed wiUl the Sectttary of the Local Goverment Commission, becomes a moor of public record for inspection and review in the offices of the Secretary by any interested parries. Any subsequent revisions to these reports rater be sent to the Secretary of the Local Government Commission. These audited fuuncial staumems are used in the preparation of O1Ticial Smtcmatu for debt offerings (the sadiron' opimoa is not included), by municipal bond sting services, w fulfill secondary market disclosure regniremetns of rho Securities and Exchange Commission, and other lawful purposes of the government, without subsequent coolant of the audiwr. l2. Should circwnvtances disclaeed by the audit roll for a more detailed inveuigarion by the Auditor than tueessary nailer ordinary citctmtstances, the Auditor shall inform the Governing Board in writing of the need for such additional invessigatios and the additional compensation required thettfott. Upoa approval by the Secretary of the Local Government Corrtmission, this agreement may be varied or changed to include the increased time aad/or enmpensarioa as may be agreed upon by the Governing Boatel sad the Audiwr. l3. If an approved contract needs w be varied or changed for any reason, rite change must be reduced to writing, signed by both parties, preauditcd if necessary, and submitted w the Secretary of the Local Government Commission for approval. No chmae shall be effective unless arroroved by the Secretarv of the Local Government Commission. the Governing Board. and the Auditar. l4. Whenever the Auditor uses an engagemtat leas with the client, Iran 15 may be completed by referencing the engagement letter and attaching a copy of the ettgagertunt lever to the enMnct to incoryonu the engagement letter into the contract. to case of conflict between the arms of the engagement totter and the terms of this contract, the terms of this enntras will control. Engagement letter terms are deemed w be void unless the contiicrirtg amts of this coatns are specifically deleud in [um 21 of this ennttact. Engagemem letters containing iudemn~cation clauses will not be approved by the Local Government Commission. 15. Thaearenosptaialprovisionsexcept: n,.,u.was,s,p.,,r„caw,.„err.,,awreo^uwwrwwanwnw«antr~n.ansawmww l6. A sepaau contract should not be made for each division to be audited or report to be submitud. A separate contract must be executed for each component unit which is a local government and for whkh s sepanu audit report is issued. l7. The contras should be executed end submitted IB sriolicate to the Secretary of the Local Govermtent Commission. The mailing address is 325 North Salisbury Street, Raleigh, North Carolina 27603-1385. The physical address is 4505 Feu Meadow Lane, Suitt 102, Raleigh, Nortlt Carotins 27607-6449. l8. Upon approval, the original contact will be resumed to the Goverontenul Unit, a copy will be forwarded w the Auditor, and a • ~Y retained by the Secretary of the Local Govetnattat Commission. The audit should rot be started before the contract is aooroved. 19. There att no Sher agreements betwxn the parties hettw and no shu agreements relative hettw that shag be enfortxabk ordeal entered inw in accordance with the procedure set out herein and approved by the Secretary of the Local Goverametlt Commission. 20. If this audit togagemtat is ns subject w Govemmtat Auditing Standards. then Item 5 chaff be listed as a deleted provision is Item 21. Aa explanation must be given for deleting this provision. 21. All of the above paragraphs are understood and shall apply to this agreement, except the folkwing numbered paragraphs shall be deleted: (See lam 14.) _ Firm McGladrey & Pullen, LLP ~, John J. Gilberto, Partner 1 type r to ) SignaNre authorized audit fum representative) Dau March 24, 2008 Approved by Ne Secretary oC the Local Govemata^t Date Commission ss provided in Aside 3, Chepur 159 of tM (If unit does not have m audit cormnitta, this section should be Geaenl S [es oqr Article 31, Pal 3, CA^pter 1 ISC of the nuked "WA.") ceaer^I St~ r9~ fl 3 ~ a ~1 'V ~~f~A' ~1ee~rryy~' ~` " `--' 7 Y ®~o ~ This instrument has hem ptraudued is the manner required by The For the Seatetlu~~~v~~a~ 1 tssion Lord Government Budget and Fi^esl Conunl Aet or by the School Vf Budge ^td Fiscal Control Aet. (s,gnatttrc~-~ Gar Hum re Date ~ Govetnmwul Un' w O ccr (Place type a print Hamra J Date (Praudi~ s be erred.) • (Signature of Audit Conomittee Chairperson) ~ McGladrey& Pullen Certified Public Accountants March 24, 2008 The Honorable Manager and Members of the County Commissioners Orange County, North Carolina P.O. Box 8181 Hillsborough, North Carolina 27278 Attention: Mr. Gary Humphreys, Financial Services Director McGladrey fi Pullen, LLP 230 North EM St, Ste.1100. Greensboro, NC 27401.2436 P.0. Box 2470, Greensboro, NC 21402.2470 0 336273.4461 F 336.274.2519 www.mcgladreycom This letter is to explain our understanding of the arrangements for the services we are to perform for Orange County, North Carolina (the "County') for the year ending June 30, 2008. We ask that you either confirm or amend this understanding. Audit Services We will perform an audit of the County's governmental activities and major fund as of for the year ended June 3Q 2008 which collectively comprise the basic financial statements. We understand that these financial statements will be prepared in accordance with accounting principles generally accepted in the United States of America. The objective of an audit of financial statements is to express an opinion on those statements. • We will also pertomt the audit of the County as of June 30, 2008 so as to satisfy the audit requirements imposed by the Single Audit Act and the U.S. Office of Management and Budget ("OMB's Circular A-133. Vlfe will conduct the audit in accordance with auditing standards generally accepted in the United States of America and Govemment AudrGng StandaMs issued by the Comptroller General of the United States; the provisions of the Single Audit Act, OMB Circular A-133 and OMB's Compliance Supplemenfi and the State Single Audit Implementation Act. Those standards, circulars, supplements or guides require that we plan and perform the audit to obtain reasonable, rather than absolute, assurance about whether the financial statements are free of material misstatement whether caused by error or fraud. Accordingly, a material misstatement may remain undetected. Also, an audit is not designed to detect errors oi'fraud that are immaterial to the financial statements. The determination of abuse is subjective; therefore, Govemment Auditing Standards do not expect us to provide reasonable assurance of detecting abuse. An audit of financial statemerrts also includes obtaining an understanding of intemal control sufficient to plan the audit and to determine the nature, timing, and extent of audit procedures to be performed. An audit is not designed to .provide assurance on intemal control or to identify significant deficiencies or material weaknesses. However, we will communicate to you and to management any significant deficiencies or material weaknesses that become known to us during the course of the audit. We will also communicate tp the board of county commissioners (a) any fraud involving senior management and fraud (whether caused by senior management or other employees) that causes a material misstatement of the financial statements, (b) any fraud, illegal acts, violations of provisions of contracts orgrant agreements and abuse that come to our attention (unless they are clearly inconsequential), (c) any disagreements with management and other serious difficulties encountered in performing the audit, and (d) various matters related to the entity's accounting policies and financial statements. • McGladrey & Pullen, LLP is a member firm of RSM International - an affiliation of separate and independent legal entities. Orange County, Nash Carolina • March 24, 2006 Page 2 In addition to our reports on the CouMys financial statements, we will also issue the fogowing reports or types of reports: A report on the fairness of the presentation of the County's schedule of expenditures of Federal and State awards for the year ending June 30, 2008. Reports on infierr>ai control related to the financial statements and major programs. These reports Hdll describe the scope of testing of irrbemal control and the results of our feats of internal controls. Reports on compliance with laws, regulations, and the provision of contracts or grant agreements. We wi11 report on any ranoompliaru;e which could have a material effect on the finandal statements and any noncompliance which could have a material effect, as defined by OMB Circular A-133, on each major program. A schedule of findings, responses, and questioned costs. Communication with the County's t3oard relating th the conduct of the audit as required by GovemmentAu~frturg Standards. The funds thatyou have told us are maintained by the County and that are to be inducted as. part of our audit are listed below: General fund • Special revenue funds Capital projects funds Proprietary funds Fidudary funds The federal and state finandal assistance programs that you have told us chat the County participates in and that are to be inducted as part of the single audit oompliarxre examination are listed in Attachment A. The component unit whose finandal statements you have told us are to be combined with and inducted as part of the County's basic financial statements is the Orar~e Courrty ABC Board. The Orange County ABC Board wiq be d'iscbsed through discrete presentation as a component unit, as required by Governmental Accounting Standards Board ('GASB~ 14. Another CPA Firm will audit the Orange County ABC Board. Our reports on internal control wilt include any significant deficiendes and material weaknesses in the system of which we become aware as a result of obtaining an underst~ding of internal control and performing tests of internal control consistent with requirements of the standards and dreular identified above. Our reports on compliance w~l address material enws, fraud, abuse, violations of compliance requirements, and other responsibilities imposed by state and federal statutes and regulations and assumed by contracts; and arty state or federal grant, entitlement of loan program questioned costs of which we become aware, consistent with requiremer>ts of the standards and cin;ulars identified above. • • Orange County, Nath Carolina March 24, 2l?08 Page 3 Orange County, North Carolina's Responsibillges Management is responsible for the financial statements, incuding adjusting the financial statements to correct material m'tisstatements, and for making all financial records and related iMonnation available to us. Management is responsible for providing us with a written management representation letter confirming certain representations made during the course of our audit of the financial statements and affirming bo us that it believes the effects of any uncorrected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements taken as a whole and tD the opinion units of the financial statements. Management is responsible for establishing and maintaining effective internal controt over financial reporting and for informing us of all signficant deficiencies and material weaknesses in the design or operation of such controls of which it has knowledge. Management is n~ponsible for identifying and ensuring that the entity oompGes with the laws and regulations applicable to ills activities, and for irrforrming us about all known material violations of such laws or regulations. In addition, management is responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the entity involving management employees who have significant rotes in internal control and others where the fraud could have a material effect on the financial statements. Management is also responsible for informing us of its knowledge of any allegations of • fraud or suspected fraud affecting the entity received in communications from employees, forrner employees, analysts, regulators, or others. Management is also responsible for (a) making us aware of signdcant vendor relationships where the vender is responsible for program compliance, (b) following up and taking corrective action on audit findings, including the preparation of a summary schedule of prior audit findings, and a rorrective action plan, and (c) report distribution including submitting the reporting packages. The Board of County Commissioners are responsible for informing us of its views about the risks of fraud within the entity, and its knowledge of any fraud or suspected fraud affecting the entity. The County agrees that our report on the financial statements will not to be included in an official stafement or other document involved with the sale of debt instruments without our prior consent. Additional{y, if the County intends to publ'~h or otherwise reproduce the financial statements and/or make reference to us or our audit, you agree to provide us with printers proofs or a master for our review and consent More reproduction and/or release occurs. You also agree fio provide us with a Dopy of the final reproduced material for our consent before it is distributed or released. Our fees for any additional services that maybe required under our quality assurance system as a result of the above wiA be established with you at the time such services are determined to be necessary. In the event our auditorlcient relationship has been'terminated when the Organization seeks such consent, we will be under no obligation to grant such consent or approval. Our professional standards require that we perform certain additional procedures, on current and previous years' engagemerrts, whenever a partner or professional employee leaves the firm and is subsequently empbyed by or associated with a client. Accordingly, the County agrees it will compensate McGladrey & Pullen, LLP for any additional costs incurred as a result of the employmerd of a partner or professional employee of 1Vk~ladrey'~`Pullen, LLP. • Orange County, North Carolina March 24, 2008 Page 4 During the course of our engagement, we may accumulate records containing data which should be reflected in your books and records. You will detemune that all such data, if necessary, will be so reflected. Acoordirigly, you will not expect us th maintain copies of such records in our possession, The assistance to be supplied by organization personnel, including the preparation of schedules and analyses of accounts, has been discussed and coord'mated with Mr. Gary Humphreys, Fiscal Agent. The timely and accurate completion of ttds work is an essential condition to our completion of the audit and issuance of our audit report. Other Terms of our Engag~rrent Our fees are based on the time required by the individuals assigned to the engagement, .plus direct expenses. interim billings wiU be submifDed as work progresses and as expenses are incuned. We will submit our biN for these services promptty upon delivering the reports. Billings are due upon submission. Our fee fior the services described in this letter will not exceed $88,300 and $5,000 for the.preparation of schedules of property tax receivables for the Towns of Chapel Hill, CaiTboro and Hillsborough unless the scope of the engagement is changed, the assistance which the County has agreed to famish is not provided, or unexpected conditions are encountered, in which case we will discuss the situation with you before proceeding, if agreed to by the County by an amendment to the Contract. Any services performed in addition to normal audit procedures will be charged at standard rates. Any additional major programs above the four (4} major programs will be billed at $4,000 each. All other provisions of this letter will survive any fee adjustment . The working papers for this engagement are the property of McGtadrey 8 Pullen, LLP. However, you acknowledge and grant your assent that representatives of the cognizant or oversight agency or their designee, other government audit staffs, and the U.S. Government Accountability Office shall have access to the audit working papers upon their request; and that we shall maintain the working papers for a period of at least three years after the date of the report, or for a longer period if we are requested to do so by the cognizant or oversight agency. Access to requested working papers wfii be provided under the supervision of McGladrey ~ Puiien, LLP audit personnel and at a location designated by our Firm. In the event we are requested or authorized by the County or are required by government regulation, subpoena, or other legal process to produce our documents or our personnel as witnesses with respect to our engagements for the County, the County will, so long as we are not a party to the proceeding in which the information is sought, reimburse us for our professional time and expenses, as well as the fees and expenses of our counsel, incurred in responding to such requests. From time to time and depending upon the.circumstances, we may use third-party service providers to assist us in providing professional services to you. In such cin:umstanaes, it may be necessary for us to discbse confidential client information to them. We enter into confidentiality agn~ements with ail third-party service providers and we are satisfied that they have appropriate procedures in place th prevent the unauthorized release of your confidential information to others. If circumstances arise relating to the conditions of your records, the availability of sufficient, competent evidential matter, or indications ofi a sign~icant risk of material misstatement of the finarxtial statements because of error, fraudulent financial reporting, misappropriation ofassets, or noncompliance which in our professional judgment prevent us from completing the audit or forming an opinion, we retain the unilateral right to take any course of action permitted "by professional standards, including declining to express an opinion or issue a report, or withdrawal from the engagement • Orange County, North Carolina March 24, 2008 Page 5 Any claim arising out of services rendered pursuant to this agreement shall be resolved in accordance with the laws of the State of North Carolina. ft is agreed by the County and McGladrey & Pullen, LLP or any successors in interest that no claim arising out of services rendered pursuant to this agreement by or on behaff of the County shall be asserted more than two years afterthe date of the last audit report issued by McGladrey & Pullen, LLP. You have informed us that you intend to prepare a comprehensive annual finanaal report (°CAFR') and submit it for evaluation by the Government Finance Officers Association's Certificate of Achievement for Excellence in Financial Reporting. Our partiapat~n in the preparation of the CAFR is to consist of having the financial statement report reviewed by a person who is also a reviewer for the GFOA Certificate Program and have him involved in the resolution of any accounting or reporting questions that arise during the engagement. We will assist in drafting the County's financial statements and preparation of schedules of property tax receivables for the Towns of Chapel Hifl, Carrboro and Hillsborough, aq of which are reviewed and approved by management. The draft and schedules are the responsibility of management. The two overarching principles of the independence standards of the Government Auditing Standards issued by the Comptrol~r General of the United States provide that management is responsible for the substantive outcomes of the work, and therefore, has a responsibility and is able to make any informed judgment on the results of the services described above. Acconiingly, the County agrees th the folbwing: . Mr. Gary Humphreys, Financial Services Director, will be accountable and responsible for overseeing the draft of the Count>rs financial statements and preparation of st~iedriles of property tax receivables for the Towns of Chapel Hill, Carrboro and Hi}lsborough. The County will establish and monitor the performance of the draft of the Counts financial statements and preparation of schedules of property tax receivables for the Towns of Chapel Hiq, Carrboro and Hillsborough to ensure that they meet management's objectives. The County will make any decisions that involve management functions related to the draft of the County's financial statements and preparation of schedules of property tax receivables for the Towns of Chapel Hill, Carrboro and Hillsborough and will accept full respansibil'~ty for such decisions. The County will evaluate the adequacy of services performed and any findings that result This letter constitutes the complete and exclusive statement of agreement between McGladrey~& Pullen, LLP and Orange County, North Carolina, superseding all proposals ors} or written and all other communication, with respect to the terms of the engagement between the parses. In accordance with Government Auditing Standards, a copy of our most recent peer review report and applicable letter of comment is enclosed for your ir>fomiation. • ' , Orange County, North Carolina • March 24, 2008 Page 6 If this letter defines the arrangements as the County understands them, please sign and date the encbsed copy, and return ft to us. McGladrey & Pullen, LLP ~~%'- John J. Iberto, Partner Confirmed on behaff of Orange.County, North Carolina: County Manager dZ~ .2008 • This instrument has been preaudited in the manner required by the Local Government Budget and Fiscal Control Act Finanaal Services or ~ ~ , 2008 • . • Orange County, North Carolina March 24, 2008 Page 7 Attachment A Orange County's Federal and State Assistance Programs for the June 30, 2008 Audit CFDA Numbed Federal GrantodProgram Title Grant Number Federal Awards: U. S. Department of Agriculture: Direct Program: 902 10 Soil And Water Conservation . Passed-Through N. C. Deparment of Heaifl~ and Human Serriices: Division of Social Services: Food Stamp Cluster. 561 10 Food Stamps - direct benefd payments . Food Stamps Administration 10'561 Food Stamp Fraud Admin 10'561 Food Stamps E&T & Depend Care 10.561 U. S. Department of Housing and Urban Devebpment: IIirectPrograms: Lower Income Housing Assistance: Section 8 Vouchers 14'182 239 14 • Home Investment Partnership Program . Cooperative Fair Housing Assistance Program 14.401 Passed-Through N:G. Department of Commerce: Division of Communntyy Assistance: Community Development Block Grant-Small Cities 14.219 U. S. Department of Justice -Office of Justice Programs: Passed-through N.C. Department of Justice: Local Law Enforcement Block Grant 16.592 COPS More 16.710 COPS in School 16.710 Passed-Through the City of ~Dufiam: 710 16 COPS Overtime Program Grant . U. S. Department of Transportation: Passed Through N. C. Department ofTransportation: Governors Highway Safety Program 20.600 U.S. Election Assistance Commission: Passed Through N.C. State Board of Elections: HAVA Grant 90.401 U. S. Department of kiealth and Human Services: Passed-Through N. C. Departrnent of Health and Human Services or Triangle J Council of Governments or Administration for Children and Families: Division of Aging and Aduft Services: • Development Aging Cluster. 93 ~ Grants for Supportive Services and Senior Centers • r . • Orange County, North Carolina March 24, 2008 Page 8 Division of Child Development: Subsidized Child Care Cluster Child Gave Development Fund-Administration 93.596 Child Care and Development Fund -Discretionary 93.575 Child Care and Development Fund -Mandatory 93.596 Child Care and Development Fund -Match 93.596 Social Sen+k:es Block Grant 93.667 Temporary Assistance for Needy Families 93.558 State Appropriations TANF-MOE Division of Medics! Assistance: Medical Assistance Cluster. Medical Assistance Program -direct benefit payments 93.778 Adult Care Home CaseNlarragement 93.778 Medicaid Expansion 93.778 Medical Assistance Administration 93.778 Medical Transportation Administration 93.778 Medical Transportation Services 93.778 Division of Public Health: Family Planning 93.217 Immunization ProgramlAid to County Funding 93.268 Biotennrism Grant 93.283 Center for Disease Control and Prevention 93.283 Temporary Assistance for Needy Families 93.558 HIV State Funds -Sexually Transmitted Diseases Commun'~able Disease Expansion Budget . 93.940 Statewide Health Promotion Program 93.991 Maternal and Child Health Services Block Grant 93.994 Division of Social Services: Social Services 61ook Grant 93.667 Social Services Block Grant - In Home Services 93.667 Social Services Block Grant -Adult Daycare 93.667 TANF-Domestic Violence 93.558 TANF-Work First Admin 93.558 TANF Work First Service 93.558 TANF- Payments 8~ Penalties 93.558 AFDC Payments & Penalties 93.560 Crisis Intervention Payments 93.568 Low Income Energy Adminrstraton 93.568 Energy Assrstance Payment 93.568 Refugee Assistance Payment 93.566 Adolescent Parenting 93.645 Permanency Planning -Regular 93.645 Permanency Planning -Spec 93.645 fV-B Adopt Guaniiarrship 93.645 ~. . Orange Courrty, North Carolina March 24, 2008 . Page 9 NC Health Choice 93.767 Independent Living -LINKS 93.674 Links Transitior-ai Funds 93.674 Links- 93.674 IV-D Administration 93.563 1V D Offset Fees -Esc 93.563 IV-D Offset Fees -Federal 93.563 Foster Care and Adoption Cluster. IV E CPS 93.658 IV-E Foster CareJOErTm 93.658 IV-E Foster Caret Off Tm 93.658 IV-E Waiver ~ 93.658 IV-E Admin County Paid to CCI 93.658 N-E Foster Care 93.638 Foster Cane 93.658 IV-E Foster Care in Excess 93.658 IV-E Waiver Foster Care 93.658 IV-E Optional Adoption 93.659 • I V E Adopt Guardianship 93:659 N-E Adopt Subsidy 8~Vendor 93.659 IV-E Adoption Training 93.659 Corporation forNational and Community Service: Direct Programs: Aging Action Retired Senior Volunteer Program 94.002 U. S. Department of Homeland Security: Passed-Through N. C. Department of Crime Control and Public Safety Emergency Management: Emergency Management Performance Grant 97.042 Hazard Mitigation Grant 97.039 Passed Through the C"dy of Dufiam: CERT Program Grant 97.054 State Awards: N. C. Department of Health and Human Services: Division of Social Services: AFDC lncent/Prog Integrity TANF Incent/Prog Integrity CPS Expansion CWS Adopt Subsidy ~ Vendor State/County Special Assistance Domiciliary Care Payment FIC at risk maximization • State Foster Home State Aid to Counties .State County Special Assistance i• i• Orange County, North Carolina March 24, 2008 Page 10 Work First Non Reimbursable Non-Allocating County Cost County Funded Programs Office of Juvenile Justice: Communii)r Based Aftematives Division of Public Health: General Communicable Disease Tuberculosis Risk ReductionMealth Promotion TB Medical Services N. C. Department of Transportation: Rural Operating Assistance Program Cluster Human Service Transportafion 1Vlanagement Program N. C. Department of Cultural Resources: State Arts Grant Division of State Library: Passed-Through Hyconeechee Regional Library: State Aid to Public Libraries N. C. Department of Crime Control and Pubf"rc Safety: Bioterrorism State Funds N. C. Division of Health Services: Bioterrorism State Funds N. C. Department of Public Instruction: Public School Building Cap'~tai Fund: N.C. Education Lottery Proceeds Corporate income tax collections 536920 0010410 536961: 4514 - 4517 • ~ ~ i• Orange County, Noah Carolina March 24, 2U08 Page 11 To the Partners of McGladrey & Pullen, LLP and the Center for Public Company Audit Firms Peer Review Committee We have reviewed the system of quality control for the accounting and auditing practice of McGladrey& Pollee, LLP (the Firm) applicable to non-SEC iasuers in-effect for the year ended Apri130, 2007. The Firm's accounting and auditing pnictice applicable to SEC issuers was not reviewed by us, since the Public Company Accounting Oversight Board (PCAOB) is responsible for inspecting that portion of the Finn's acceu~ing and auditing practice in accordance with PCAOB requirements. A system of quality control encompasses the Firm's organizational structure and the policies adopted and procedures established to provide it with reasonable assurance of complying with professional standards. The elements of qualify control are described in the Statements on Quality Control Standards issued by the American Institute of Certified Public Accountants (the AICPA). The design of the system, and compliance with it, are the responsibilities of the Firm. Our responsibility is to express an opinion onthe design of the system, and the Firm's compliance wrth that system based on our review. our review was conducted in accordance with standards established by the Peer $eview Committee of the Center for Public Company Audit Finns and included procedures to glen and perform the review that are summarized in the attachod description of the pea review process. Our review would not necessarily disclose all wealm in the system of quality central or all instances of lack of compliance with it since it was based on selective tests. Because them are inherent limitations in the effectiveness of any system of quality control, departures from the system may occur and not be detected. Also; projection of a~ evaluation of a system of quality control to future periods is subject to the risk that the system of quality control may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedaes may deteriorate. In our opinion, the system of quality control for the accounting and auditing practice applicable . to the non-SEC issuers of McGladrey & Pullen, LLP in effect for the year ended Apri130, 2007, has been designed to meet the requirements of the quality control standards for an accounting and auditing practice established by the AICPA, and was complied with during the year then ended to provide the Firm with reasonable asm~~ce of complying with applicable professional standards. s : » As is customary in a peer review, we have issued a letter ender this date that sets forth comments relating to certain policies and procedures or compliance with them. The matters described in the letter were not censidered to be ofsuff amt significance to affect the opinion expressed in this report. ~~~L~ November 30, 2007 ~~ Ba1~aa~ ~~ ttarat~ara MDE~EgO EUT FIBL S •