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Independent Accounts Report KEEFE, McCULLOUGH & CO., LLP CERTIFIED PUBLIC ACCOUNTANTS ; :fnii:rft\IlL4{(iiJ;ttMff,i::1F;if""f ,'~~ JOHN R. KEEFE, CPA JOHN E. McCULLOUGH, C.PA (RETIRED) THOMAS 1. CARPENTER, C.PA PAUL B. SNEIDER, C.P.A. (RETIRED) STEVEN H. WOODS, CP.A DAVID 1. WILLIAMS, C.P.A JOSEPH D. LEO, C.P.A. WILLIAM G. BENSON, C.P.A. BRIAN D. PINNELL, C.P,A. (RETIRED) KENNETH G. SMITH, C.P.A. LOUIS R. PROTETTO, C.P.A. CYNTHIA L CALVERT, C.P.A. 6550 NORTH FEDERAL HIGHWAY SUITE 410 FORT LAUDERDALE, FLORIDA 33308 (954) 771-0896 FAX, (954) 938-9353 E-MAIL: kmc@kmccpa.com CHARLES K. RUMPF, C.PA ISRAEL j. GOMEZ, C.P,A JAMES R. LARAWAY, C.P_A ROSS S. GOTTHOFFER, c.PA. HILLARY B. DAIGLE, C.P,A. INDEPENDENT ACCOUNTANTS' REPORT To the Honorable Mayor, Village Council and Village Manager Islamorada, Village of Islands, Florida Islamorada, Florida We have examined Islamorada, Village Islands, Florida's (the "Village") compliance with Section 206.47(7), Florida Statutes, governing the distribution of the Constitutional Gas Tax during the two years ended September 30,2006. Management is responsible for the Village's compliance with those requirements. Our responsibility is to express an opinion on the Village's compliance based on our examination. Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about the Village's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Village's compliance with specified requirements. In 0UI' opinion, the Village's complied, in all material respects, with the aforementioned requirements for the two years ended September 30, 2006. This report is intended solely for the information and use of the Village Council, Monroe County Board of County Commissioners and the Florida State Board of Administration and is not intended to be and should not be used by anyone other than these specified parties. ~ ~,:{/{// c:;;. <-.L-r I~EFE, McCULLOUGH & cO., LLP Fort Lauderdale, Florida September 14,2007 KEEFE, McCULLOUGH & CO., LLP CERTIFIED PUBLIC ACCOUNTANTS JOHN R. KEEFE, CPA STEVEN H. WOODS. CPA DAVID T WILLIAMS, C.P.A. JOSEPH D. LEO, C.PA WILLIAM G. BENSON, C.PA KENNETII G. SMITH, C.PA 6550 NORTH FEDERAL HIGHWAY SUITE 410 FORT LAUDERDALE, FLORIDA 33308 (954) 771-0896 FAX: (954) 938-9353 E-MAIL: kmc@kmccpa.com LOUIS R. PROIETIO, C.P,A. CYNTHIA L. CALVERT, C.PA JOHN E. McCULLOUGH, C.P.A. (RETIRED) THOMAS T CARPENTER, C.P.A.(RETIRED) PAUL B. SNEIDER, C.PA (RETIRED) BRIAN D. PINNELL, C.PA (RETIRED) ISRAEL J. GOMEZ, C.P.A. CHARLES K. RUMPF, CPA JAMES R. LARAWAY, C.PA ROSS S. GOTIHOFFER, C_P,A HILLARY B. DAIGLE, C.P.A. INDEPENDENT ACCOUNTANTS' REPORT To the Honorable Mayor, Village Council and Village Manager Islamorada, Village of Islands, Florida Islamorada, Florida We have examined Islamorada, Village Islands, Florida's (the "Village") compliance with Section 206.47(7), Florida Statutes, governing the distribution of the Constitutional Gas Tax for the year ended September 30, 2007. Management is responsible for the Village's compliance with those . requirements. Our responsibility is to express an opinion on the Village's compliance based on our examination. Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about the Village's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances, We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Village's compliance with specified requirements. In our opinion, the Village's complied, in all material respects, with the aforementioned requirements for the year ended September 30, 2007. This report is intended solely for the information and use of the Village Council, Monroe County Board of County Commissioners and the Florida State Board of Administration and is not intended to be and should not be used by anyone other than these specified parties. ~ ?Jt-4/'~ t-~j1 kEFE, McCULLOUGH & CO., LLP Fort Lauderdale, Florida May 23, 2008 .... 3: <=> . Cl Cl <=> Z "'- = :::0 ?~ c- ~T'i ~2~~~ c::: ~ ::<: ..' -"... n r- w n - '-.,' ;po ~J -' :x '. -') :< - - \'.:.-) ~, .. ::> w c:o