BOSTON ^ PUBLIC LIBRARY Digitized by the Internet Archive in 2011 with funding from Boston Public Library http://www.archive.org/details/bostonredevelopm9192coop Certified Public Accountants GOVDOC MA BOSTON REDEVELOPMENT AUTHORITY COMBINED FINANCIAL STATEMENTS for the year ended September 30, 1991 s BOSTON REDEVELOPMENT AUTHORITY COMBINED FINANCIAL STATEMENTS for the year ended September 30, 1991 TABLE OF CONTENTS Page ( ) Report of Independent Accountants 1 Combined Balance Sheet - All Fund Types and Account Groups 2 Combined Statement of Revenues, Expenditures, Other Charges and Changes in Fund Balances 3 Statement of Changes in Assets and Liabilities - Agency Funds 4 Notes to Combined Financial Statements 5-20 . Coopers certifiedpublicaccountants &Lybrand REPORT OF INDEPENDENT ACCOUNTANTS To the Board of Directors Boston Redevelopment Authority: We have audited the financial statements, as listed in the accompanying table of contents, of the Boston Redevelopment Authority as of September 30, 1991 and for the year then ended. These financial statements are the responsibility of the Authority's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with generally accepted auditing standards and Government Auditing Standards 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 opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Boston Redevelopment Authority as of September 30, 1991 and the results of its operations and changes in fund balances and the changes in assets and liabilities - agency funds for the year then ended in conformity with generally accepted accounting principles /Qriyf^ilA^'^'4^ Boston, Massachusetts March 19, 1992, except for Note H, as to which the date is August 24, 1992 : 219qOOJ bnsidyJ)?)