Orange County NC Website
Browse       Search
200 GALLERIA PARKWAY S.E., SUITE 1700 • ATLANTA, GA 30339-5946 • 770-955-8600 • 800-277-0080 • FAX 770-980-4489 • www.mjcpa.com <br />Members of The American Institute of Certified Public Accountants • RSM International <br /> <br /> <br /> <br /> <br />March 25, 2020 <br /> <br /> <br />The Board of County Commissioners and <br /> Bonnie Hammersley, County Manager <br />Orange County, North Carolina <br />200 South Cameron Street <br />Hillsborough, North Carolina 27278 <br /> <br />Attn: Mr. Gary Donaldson, Chief Financial Officer, and Ms. Bonnie Hammersley, County <br />Manager <br /> <br />We are pleased to confirm our understanding of the services we are to provide Orange County, <br />North Carolina (the County) for the year ended June 30, 2020. We will audit the financial <br />statements of the governmental activities, the business-type activities, the aggregate discretely <br />presented component units, each major fund, and the aggregate remaining fund information, <br />including the related notes to the financial statements, which collectively comprise the basic <br />financial statements, of Orange County, North Carolina as of and for the year then ended. These <br />statements will include the budgetary comparison information for the General Fund. We will <br />obtain and place reliance on the report of other auditors for the Orange County ABC Board, a <br />discretely presented component unit of the County. Accounting standards generally accepted in <br />the United States of America provide for certain required supplementary information (RSI), such <br />as management’s discussion and analysis (MD&A), to supplement the County’s basic financial <br />statements. Such information, although not a part of the basic financial statements, is required by <br />the Governmental Accounting Standards Board who considers it to be an essential part of financial <br />reporting for placing the basic financial statements in an appropriate operational, economic, or <br />historical context. As part of our engagement, we will apply certain limited procedures to the <br />County’s RSI in accordance with auditing standards generally accepted in the United States of <br />America. These limited procedures will consist of inquiries of management regarding the methods <br />of preparing the information and comparing the information for consistency with management's <br />responses to our inquiries, the basic financial statements, and other knowledge we obtained during <br />our audit of the basic financial statements. We will not express an opinion or provide any <br />assurance on the information because the limited procedures do not provide us with sufficient <br />evidence to express an opinion or provide any assurance. The following RSI is required by U.S. <br />generally accepted accounting principles and will be subjected to certain limited procedures, but <br />will not be audited: <br /> <br />1. Management’s Discussion and Analysis (MD&A). <br />2. Local Governmental Employees’ Retirement System Schedule of County’s Proportionate <br />Share of the Net Pension Liability. <br />3. Local Governmental Employees’ Retirement System Schedule of County Contributions – <br />Pension Plan. <br />4. Register of Deeds’ Supplemental Pension Fund Schedule of County’s Proportionate Share <br />of the Net Pension Liability. <br />DocuSign Envelope ID: D2809161-AA0B-4AFA-8A26-418CF7221077