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MICIDGAN
EDUCATION
SPEC
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REPOR
ONFINAN
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Financial
statem.entsS'tatements
of
net
as,sets
av,ai
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for
bene:fits
and,
'b'enefitob,ligations
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Stateme;ntso,f
changes
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net
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and
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'Notes
to
fin
an
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statem,ents-
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Walter
EManer,]r.
(192,,20
'
04)
Flo
d
L.
Cos:e
i s ~ t n
I
e·onA.
ElI-·
(1933-1988)
I
imotlly
H.A,dams
Da
~ d
B.
Caldw'ell
Edward
L.
Will
anlS
t
n
I
inl,olhy
J.
Orians
Den
1_-
i
D.
Theis
]an15
A.
Me'
eele,"
Lamonte
T
La
o'r
Bruce
].
D,
mn
]efnreyC,Ste
eD5
Lin,da
'.
Schirmer
Ste.
en
.
',"
Scott
David
1-,-.
Raeck
Rob'e
.
E
,Mille.t,.Jr.
S'
B'
R'
bb·
:
C
',".',
,'c'
.·.teven
",.
0.
IDS
am
'·es··E,"
I Y " ' q u ~ ' s t
1
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I
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"·e.·T.".
James
R.
Dedyne
...•.
,
.aner,
Costerisan
Elli'
&>
's,
Ee,
~ =
~
Certified
Public
Accountants
JND.EP'ENDENT
AUDITORS'
REP'ORT
-0
the'
B08."fd
of
Trustee,s
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'-,e
l,gan
1_
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lucatj,on.·
·
pecla,
ervJ,ces
.'
·.ssoclatlon
W,e
b,av'e
audited
the
acco,mpanying
stateme.nts
of
ne',
assets
ava·]able
£0b1e:nefits
andbenefit
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19a1]Ons
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.gan.
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_peCla
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ervlces
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SOCl
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0
une.,,·
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a n ~ _
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",an
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,re
ae
>.
statements
of
Ic,h,anges
in
n.et
assets
lavallable
fo"
b,en,efits
an·d
'en:efiobligations
'for
t
I.
e
,years
then
lended
These
financialstatements
are
th
'
respo.nsibllity
of
the
Asso,clation's
mana,geme.nt_
'Ou
re'sponslbl]ity
is
to
.expresisan
opinion
onthese
finan'cial
statements
'based
Ion
o'ur
audls:.
'Wee,ond·u.cted
Q'ur
,audits
in
accordance
with.
a ~ i t m . g
standards
generally
a c c e p ~ d
in
tho
=.
UnitedStates
0"
"Amen,lea.
Thosestandards
require
that
we
p:
an
and.
·p,e.rform
the
aud"t
0
obtaIn
f'easonab
,
eassurance
a,bout
whether
th,e
financialstat
em
e·
ts,
~ e
fr"ee
of
material"
sstatem
lent
An
audt
inle]
:des
examIning,
on
a
test
b,asis"
ev·dence
Suppolrtin,g.h·
amounts'
land
disclosuresin
the
fmanlcial
statements.
An
audit
alsoinc
'udes
asses,sing
the
,accountID"g'
princip
I
es
used
andsignificantestimates
made
b1y
ID,anage,ment,
as
well
as
evaluating
th1e
overallfinanCIal
statement
presentati,on.
Wre
believe
that
OUf'
,audits
p1fovide
a--,e,ason,able
basis
..
__
'or
our
,
opInIon.In0
.If
opinIon,
the
fmanciaJ
statements·
eferred
to
above
present
fai
'y
i
a1'
material
respectsthe
financialsatns
of
l
i'ichiganEducationSpecialSelVices
Assoclafon
as
of
June
30,
2098
and2007,and
the
C
ranges
l
in
Its
fi
lanclal
status
for
th,e
yearsthen
ended
in
conformity
with
racco·u,·.
ti
g
principles
generall,Y
.,
t
d
th'
_.
U
iil
t·
d
S·t
t
f"
Am
'It
I
ac·cep
e
,m
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eOl,eq,-a·es,
Oce
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544
Cherbo
1'.
Drive•Su·te
200
•Lansing,
MIC
..
iga
···48917-500•(517)323-7500
.•
Fax
(517)
323-6346
www.mcecpa.com
"
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