November 20, 1999

Dr. Alfred F. Hurley

President

University of North Texas

Denton, Texas

Dear Dr. Hurley:

Submitted herein is the Annual Financial Report of the University of North Texas for the fiscal year ended August 31, 1999.

The financial statements in this report have been prepared in conformity with the General Provisions of the Appropriations Act, Article IX, and in accordance with the requirements established by the Comptroller of Public Accounts.

The Annual Financial Report will be audited by the State Auditor as part of the audit of Statewide Annual Financial Reports; therefore an opinion has not been expressed on the statements and related information contained in the report.

If you have any questions regarding the report or related to the Schedule of Expenditures of Federal Awards, please contact me.

Respectfully submitted,

Ginny Anderson

Associate Vice President for Finance and Business Affairs, and Controller

Approved:

Phillip C. Diebel

Vice President for Finance and Business Affairs