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Harris , Cotherman & Associates Certified Public Accountants - Chartered Management Comments The Honorable Board of County Commissioners Indian River County , Florida We have audited the basic financial statements of Indian River County , Florida as of and for the year ended September 30 , 2002 , and have issued our report thereon dated January 31 , 2003 . We conducted our audit in accordance with United States generally accepted auditing standards ; the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States ; and OMB Circular A - 133, Audits of States , Local Governments , and Non - Profit ' Organizations . We have issued our Independent Auditor ' s Report on Compliance and Internal Control over Financial Reporting , Independent Auditor ' s Report on Compliance and Internal Control over Compliance Applicable to each Major Federal Program and State Project , and Schedule of Findings and ' Questioned Costs . Disclosures in those reports and schedule , which are dated .lamlary 31 . 2003 . should be considered in conjunction with this management letter . We have also issued separate management letters dated January 31 , 2003 , for each county agency not included in this letter, which should also be considered in conjunction with this management letter . Additionally, our audit was conducted in accordance with Chapter 10 . 550 , Rules of the Auditor General . ' The Rules of the Auditor General ( Section 10 . 554( 1 ) (g) l . a) require disclosure in the management letter of the following matters if not already addressed in the auditor ' s reports on compliance and internal controls or schedule of findings and questioned costs : ( 1 ) violations of laws , rules , regulations , and contractual provisions that have occurred , or are likely to have occurred ; ( 2 ) improper or illegal expenditures : ( 3 ) improper or inadequate accounting procedures ; ( 4) failures to properly record financial transactions : and ( 5 ) other inaccuracies , shortages , defalcations , and instances of fraud discovered by , or that come to the ' attention of, the auditor. There were no such matters noted during the current year . We have also tested your operations for compliance with applicable laws and have provided additional ' comments required to be included by reason of the Rules of the Auditor General of the State of Florida . COMMENTS REQUIRED BY THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA Financial Condition Assessment As required by the Rules of the Auditor General ( Sections 10 . 554( g ) ( 6 )c and 10 . 556 ) , we applied financial condition assessment procedures relating to Indian River County . It is management ' s ' responsibility to monitor the entity ' s financial condition , and our financial condition assessment was done as of the fiscal year end and was based in part on representations made by management and the review of financial information provided by same . Determination of Financial Emergency - F. S . Section 218 . 503 ( 1 ) Nothing came to our attention which indicated that the County is , or during the year ended September 305 2002 , was in a state of financial emergency as a consequence of conditions described in Section 218 . 503 ( 1 ) of the Florida Statutes . 189