RD327 - Virginia Tobacco Indemnification and Community Revitalization Commission Report on Audit for the Year Ended June 30, 2012


Executive Summary:
Our audit of the Virginia Tobacco Indemnification and Community Revitalization Commission (Commission) for the year ended June 30, 2012, found:

• the financial statements are presented fairly, in all material respects;
• no internal control findings requiring management’s attention; and
• no instances of noncompliance or other matters required to be reported under Government Auditing Standards.

We have audited the basic financial statements of the Commission as of and for the year ended June 30, 2012 and issued our report thereon, dated October 3, 2012. Our report, included in the Commission’s Annual Financial Statements, is available at the Auditor of Public Accounts’ website at http://www.apa.virginia.gov and at the Commission’s website at http://www.tic.virginia.gov.