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<br />K8Peat Marwick <br /> <br />Honorable Mayor and City Council <br />City of San Marcos, Texas <br />January 28, 1988 <br /> <br />FINANCIAL STATEMENT AND AUDIT COMPLETION DELAYS <br /> <br />The above factors not only resulted in time overruns but also caused time <br />delays with regard to completion of audit fieldwork. Add! tionally, the <br />audit fieldwork was significantly delayed, at the City staff's request, so <br />that they could complete and review the audit schedules requested by Peat <br />Marwick and still maintain regular City operations. <br /> <br />* * * * * * <br /> <br />We sincerely hope that the above explanations are satisfactory to you. If <br />you have any questions or comments, we will be happy to discuss them with <br />you. <br /> <br />Very truly yours, <br /> <br />PEAT MARWICK MAIN & COMPANY <br /> <br />ill »t ~ YJf,u;. .~. <br /> <br />GWD/1b <br />A1.327 <br />