0000791049-12-000028.txt : 20121128 0000791049-12-000028.hdr.sgml : 20121128 20121128140908 ACCESSION NUMBER: 0000791049-12-000028 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121128 DATE AS OF CHANGE: 20121128 EFFECTIVENESS DATE: 20121128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASCADES TRUST CENTRAL INDEX KEY: 0000791049 IRS NUMBER: 136868231 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-04626 FILM NUMBER: 121228568 BUSINESS ADDRESS: STREET 1: 380 MADISON AVE STE 2300 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2126976666 MAIL ADDRESS: STREET 1: 380 MADISON AVENUE STREET 2: # 2300 CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TAX FREE TRUST OF OREGON DATE OF NAME CHANGE: 19890810 0000791049 S000006648 TAX-FREE TRUST OF OREGON C000018137 Tax-Free Trust of Oregon Class A ORTFX C000018138 Tax-Free Trust of Oregon Class C ORTCX C000018139 Tax-Free Trust of Oregon Class I ORTIX C000018140 Tax-Free Trust of Oregon Class Y ORTYX NSAR-B 1 answer.fil THE CASCADES TRUST 9/30/12 FORM N-SAR-B PAGE 1 000 B000000 09/30/2012 000 C000000 0000791049 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 U 001 A000000 THE CASCADES TRUST 001 B000000 811-4626 001 C000000 2126976666 002 A000000 380 MADISON AVENUE, STE. 2300 002 B000000 NEW YORK 002 C000000 NY 002 D010000 10017 002 D020000 2511 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 1 007 C010100 1 007 C020100 TAX-FREE TRUST OF OREGON 007 C030100 N 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 008 A00AA01 AQUILA INVESTMENT MANAGEMENT LLC. 008 B00AA01 A 008 C00AA01 801-221199 008 D01AA01 NEW YORK 008 D02AA01 NY 008 D03AA01 10017 008 D04AA01 2511 008 A00AA02 KIRKPATRICK PETTIS CAPITAL MANAGEMENT,INC. 008 B00AA02 S 008 C00AA02 801-000000 008 D01AA02 LAKE OSWEGO 008 D02AA02 OR 008 D03AA02 97035 010 A00AA01 AQUILA INVESTMENT MANAGEMENT LLC 010 B00AA01 801-22119 010 C01AA01 NEW YORK PAGE 2 010 C02AA01 NY 010 C03AA01 10017 010 C04AA01 2511 011 A00AA01 AQUILA DISTRIBUTORS, INC. 011 B00AA01 8-13173 011 C01AA01 NEW YORK 011 C02AA01 NY 011 C03AA01 10017 011 C04AA01 2511 012 A00AA01 BNY MELLON 012 B00AA01 84-01761 012 C01AA01 WESTBOROUGH 012 C02AA01 MA 012 C03AA01 01581 013 A00AA01 TAIT, WELLER & BAKER LLC 013 B01AA01 PHILADELPHIA 013 B02AA01 PA 013 B03AA01 19103 015 A00AA01 JP MORGAN CHASE BANK, N.A. 015 B00AA01 C 015 C01AA01 COLUMBUS 015 C02AA01 OH 015 C03AA01 43240 015 E01AA01 X 018 00AA00 Y 019 A00AA00 Y 019 B00AA00 11 019 C00AA00 AQUILAMGMT 020 C000001 0 020 C000002 0 020 C000003 0 020 C000004 0 020 C000005 0 020 C000006 0 020 C000007 0 020 C000008 0 020 C000009 0 020 C000010 0 021 000000 0 022 A000001 SEATTLE NORTHWEST SECURITIES 022 B000001 91-1172183 022 C000001 13920 022 D000001 6760 022 A000002 WILLIAM BLAIR & CO. 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FILLMORE TITLE CHIEF COMPLIANCE OFR EX-99.77B ACCT LTTR 3 tfto93012twb.txt INDPENDENT REGISTERED PUBIC ACCOUNTING FIRM LETTER REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Shareholders and Board of Trustees Tax-Free Trust of Oregon New York, New York In planning and performing our audits of the financial statements of Tax-Free Trust of Oregon (the 'Fund') as of and for the year ended September 30, 2012, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered its internal control over financial reporting, including control activities for safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion. The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America. Such internal control includes policies and procedures that provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company's assets that could have a material effect on the financial statements. Because of inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A control deficiency exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A significant deficiency is a control deficiency, or combination of control deficiencies, that adversely affects the company's ability to initiate, authorize, record, process or report financial data reliably in accordance with accounting principles generally accepted in the United States of America such that there is more than a remote likelihood that a misstatement of the company's annual or interim financial statements that is more than inconsequential will not be prevented or detected. A material weakness is a significant deficiency, or combination of significant deficiencies, that results in more than a remote likelihood that a material misstatement of the annual or interim financial statements will not be prevented or detected. Shareholders and Board of Trustees Tax-Free Trust of Oregon Page Two Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be significant deficiencies or material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls for safeguarding securities, which we consider to be material weaknesses, as defined above, as of September 30, 2012. This report is intended solely for the information and use of management, Shareholders and Board of Trustees of the Fund and the Securities and Exchange Commission, and is not intended to be and should not be used by anyone other than these specified parties. TAIT, WELLER & BAKER LLP Philadelphia, Pennsylvania November 27, 2012 EX-99.77C VOTES 4 tftoshrmtg4-12.txt SHAREHOLDER MEETING RESULTS Shareholder Meeting Results (unaudited) The Annual Meeting of Shareholders of Tax-Free Trust of Oregon (the 'Trust') was held on April 11, 2012. The holders of shares representing 89% of the total net asset value of the shares entitled to vote were present in person or by proxy. At the meeting, the following matters were voted upon and approved by the shareholders (the resulting votes for are presented below). 1. To elect Trustees Dollar Amount of Votes: Trustee For Withheld Gary C. Cornia $448,086,491 $3,267,874 James A. Gardner $446,528,626 $4,825,740 Diana P. Herrmann $448,441,529 $2,912,837 Edmund P. Jensen $447,688,663 $3,665,703 John W. Mitchell $448,074,358 $3,280,008 Ralph R. Shaw $446,416,758 $4,937,607 Nancy Wilgenbusch $448,364,831 $2,989,535 2. To ratify the selection of Tait, Weller & Baker LLP as the Trust's independent registered public accounting firm Dollar Amount of Votes: For Against Abstain $445,094,000 $200,977 $6,059,390