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SIGNATURE JAMES J. BOYNE
TITLE ATTORNEY
INDEPENDENT AUDITORS' REPORT ON INTERNAL ACCOUNTING CONTROL
The Board of Directors and Shareholders
Van Kampen Florida Municipal Opportunity Trust:
In planning and performing our audit of the financial statements of the Van
Kampen Florida Municipal Opportunity Trust for the year ended October 31,
1999, we considered its internal control, including control activities for
safeguarding securities, in order to determine our auditing procedures for
the purpose of expressing our opinion on the financial statements and to
comply with the requirements of Form N-SAR, not to provide assurance on
internal control.
The management of the Van Kampen Florida Municipal Opportunity Trust is
responsible for establishing and maintaining internal control. In fulfilling
this responsibility, estimates and judgments by management are required to
assess the expected benefits and related costs of controls. Generally,
controls that are relevant to an audit pertain to the entity's objective of
preparing financial statements for external purposes that are fairly
presented in conformity with generally accepted accounting principles. Those
controls include the safeguarding of assets against unauthorized acquisition,
use or disposition.
Because of inherent limitations in internal control, error or fraud may occur
and not be detected. Also, projection of any evaluation of internal control
to future periods is subject to the risk that it may become inadequate
because of changes in conditions or that the effectiveness of the design and
operation may deteriorate.
Our consideration of internal control would not necessarily disclose all
matters in internal control that might be material weakness under standards
established by the American Institute of Certified Public Accountants. A
material weakness is a condition in which the design or operation of one or
more of the internal control components does not reduce to a relatively low
level the risk that misstatements caused by error or fraud in amounts that
would be material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving internal control and its operation, including controls for
safeguarding securities, that we consider to be material weaknesses as
defined above as of October 31, 1999.
This report is intended solely for the information and use of management, the
Board of Directors of Van Kampen Florida Municipal Opportunity Trust, and the
Securities and Exchange Commission and is not intended to be and should not
be used by anyone other than these specified parties.
December 13, 1999
VAN KAMPEN FLORIDA MUNICIPAL OPPORTUNITY TRUST (VOF)
The Joint Annual Meeting of Shareholders of the Trust was held on June 16, 1999,
where shareholders voted on the election of Trustees and the selection of
independent public accountants. With regard to the election of Theodore A. Myers
as elected trustee by the preferred shareholders of the Trust 584 shares voted
in his favor and 0 shares withheld. With regard to the election of Don G. Powell
as elected trustee by the common shareholders of the Trust 1,479,773 shares
voted in his favor and 1,700 shares withheld. With regard to the election of
Hugo Sonnenschein as elected trustee by the common shareholders of the Trust
1,479,773 shares voted in his favor and 1,700 shares withheld. The other
trustees of the Fund whose terms did not expire in 1999 are Dennis J. McDonnell,
David C. Arch, Rod Dammeyer, Wayne Whalen, Steven Muller and Howard J Kerr. With
regard to the ratification of KPMG Peat Marwick LLP as independent public
accountants for the Trust, 1,471,151 shares voted in favor of the proposal,
2,370 shares voted against and 8,536 shares abstained.
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