Basic Financial Statements - The auditor will be required to express an opinion on the fair presentation of the basic financial statements and its component union financial statements for the City of Manteca and the Manteca Public Financing Authority and notes as to conformity with generally accepted accounting principles. The auditor will not be required to audit the combining, individual fund and account group financial statements with their supporting schedules. However, the auditor will provide an "inrelation-to" report on the combining and individual fund statements and supporting schedules based on the auditing procedures applied during the audit of the basic financial statements. The auditor will not be required to audit the statistical section of the report. The auditor will be responsible for performing certain limited procedures on supplementary information required by the Governmental Accounting Standards Board as required by accepted auditing standards. Single Audit Act Report - The City receives federal funds that are governed under the provisions of the Single Audit Act. The auditor is not required to audit the schedule of federal financial assistance. However, the auditor will provide an "in-relation-to" report on the auditing procedures applied during the audit. Special Purpose Audits - The City receives funding under the Federal Transit Administration and Community Development Block Grant/Home Funds and other federal grants that require financial and compliance audit.
