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About the Annual Financial Report

• Fiscal Years ended September 30, 2011 and 2010This report is prepared in accordance with generally accepted accounting principles (GAAP). In addition, this report is in accordance with Department of Management and Budget, Administrative Guide to State Government, Procedure 1210.09 which requires state agencies issuing financial reports to be consistent with the State of Michigan Comprehensive Annual Financial Report (SOMCAFR).



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