December 12, 2001
Members of the Legislature
Citizens of the State of Nebraska
It is my pleasure to submit Nebraska’s Comprehensive Annual Financial Report for fiscal year 2001.
This report demonstrates the fiscal control and integrity which has been one of the principal objectives of my administration. It also demonstrates the fiscal strength and stability of the Nebraska economy, as evidenced by the recent and projected gains in employment, personal income and retail sales.
During the past year, the Legislature acted on several of my initiatives dealing with lower taxes, less government and building Nebraska’s economy. These initiatives will provide significant benefits to the citizens of Nebraska. The letter from the Department of Administrative Services discusses these initiatives in more detail.
Our ability to manage our fiscal affairs and provide full disclosure of the State’s fiscal condition is demonstrated by the unqualified audit opinion that follows. I am also proud that the 2000 report submitted to the Government Finance Officers Association was awarded the prestigious Certificate of Achievement for Excellence in Financial Reporting for the tenth consecutive year. I am confident the 2001 report will also receive this distinction.
I would like to thank the Department of Administrative Services for its commitment in dealing with the complex accounting issues involved in preparing this report, as well as all the state agencies for their cooperation in gathering the necessary information.