city of beverly hills state california comprehensive annual financial report year ended june 30 2006 prepared by the staff administrative services department under direction scott g miller phd director chief officer 2004 table contents statement exhibit page i introductory section letter transmittal 1 principal officials 11 organizational chart 12 government finance officers association certificate achievement for excellence in reporting 13 society municipal award outstanding 14 independent auditors 15 management s discussion and analysis unaudited 17 basic statements wide net assets a activities 2 32 fund balance sheet governmental funds 3 33 reconciliation total balances to 4 34 revenues expenditures changes 5 35