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ROGiFRIS, ANDERSON, M,ALODY & SCOTT, LLP December 10, 2020 Sain Bein7ardivuo- CA 9.2409,; q11011 4$9 08-7 V T. To the Management of Conejo Recreation & Park District Thousand Oaks, California In planning and performing our audit of the financial statements of Conejo Recreation & Park District (District) as of and for the year ended June 30, 2020, in accordance with auditing standards generally accepted in the United States of America, we considered the District's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District's internal control. Accordingly, we do not express an opinion on the effectiveness of the District's internal control. Our consideration of internal control was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore, there can be no assurance that all deficiencies, significant deficiencies, or material weaknesses have been identified. We did not identify any deficiencies in internal control that we consider to be material weaknesses. However, as discussed below, we identified certain matters involving the internal control and other operations matters that are presented for your consideration. This letter does not affect our report dated December 10, 2020 on the financial statements of the District. We will review the status of these comments during our next audit engagement. Our comments and recommendations, all of which have been discussed with appropriate members of management, are intended to improve the internal control or result in other operating efficiencies. Our comments are summarized as follows. Finding 1: During our audit, we noted that the District has no formal policy for the capitalization of property and equipment purchases. This leaves the organization open to the possibility that fixed assets will not be appropriately recorded, depreciated, or reported. Recommendation 1: We recommend that the District implement a 4 written policy requiring all assets costing more than an established thooGoA.e amount to be capitalized and depreciated over the assets' useful lives. S.T.-ABILITY. ACCURACY TRUST ATTACHMENT 3