Comprehensive Annual Financial Report - Metro Transit

Board of CommissionersBi-State Development Agency of theMissouri-Illinois Metropolitan DistrictIn accordance with Government Auditing Standards, we have also issued our report dated October26, 2011, on our consideration of Bi-State Development Agency of the Missouri-Illinois MetropolitanDistrict’s internal control over financial reporting and on our tests of its compliance with certainprovisions of laws, regulations, contracts, grant agreements and other matters. The purpose of thatreport is to describe the scope of our testing of internal control over financial reporting andcompliance and the results of that testing and not to provide an opinion on the internal control overfinancial reporting or on compliance. That report is an integral part of an audit performed inaccordance with Government Auditing Standards and should be considered in conjunction with thisreport in considering the results of our audit.The Management’s Discussion and Analysis and Schedule of Funding Progress for the PensionPlans and Other Post Employment Benefit Plan, as listed in the accompanying table of contents, arenot a required part of the combined financial statements but are supplementary information requiredby accounting principles generally accepted in the United States of America. We have appliedcertain limited procedures, which consisted principally of inquiries of management regarding themethods of measurement and presentation of the required supplementary information. However, wedid not audit the information and express no opinion on it.Our audits were conducted for the purpose of forming an opinion on the combined financialstatements. The introductory section, statistical section and supplemental schedules, as defined inthe table of contents to the Financial Section, are presented for purposes of additional analysis andare not a required part of the combined financial statements. The supplemental schedules havebeen subjected to the auditing procedures applied in the audit of the combined financial statementsand, in our opinion, are fairly stated in all material respects in relation to the combined financialstatements taken as a whole. The introductory section and statistical section have not beensubjected to the auditing procedures applied in the audit of the combined financial statements and,accordingly, we express no opinion on them.October 26, 20112