RD453 - Comprehensive Annual Financial Report of the Virginia Resources Authority – A Component Unit of the Commonwealth of Virginia - Year Ended June 30, 2015
On behalf of the Board of Directors of the Virginia Resources Authority, its Executive Director and staff, I am pleased to submit the Comprehensive Annual Financial Report ("CAFR") of the Virginia Resources Authority ("VRA") for the year ending June 30, 2015. The CAFR is submitted pursuant to the requirements set forth in § 62.1-222 of the Code of Virginia, as amended.
VRA's CAFR sets forth the complete operating and financial statements for the Authority during the fiscal year. As required, an independent certified public accountant, Brown, Edwards & Company, L.L.P., has performed an audit of the books and accounts of the Authority and has issued an unqualified opinion with no audit findings or management letter. The CAFR also includes supplemental information relating to the Water Facilities (§ 62.1-227), Water Supply (§ 62.1-236), Dam Safety (§ 10.1-603.23), and the Airports (§ 5.1-30.9) revolving loan funds. In addition, the attached CAFR includes complete financial statements for VRA's signature Virginia Pooled Financing Program.
/s/ Stephanie L. Hamlett