WSP10406

• File Number: 8111.600
• Description: ARCA Annual Reports
• Basin: Arkansas
• Date: 12/13/1955
• Author: ARCA
• Title: Seventh Annual Report Arkansas River Compact Administration for the Year 1955
• Water Supply Pro - Doc Type: Annual Report

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statements, authoriz.ation of payment as cvidcncn.l in the minutes of the
AdministratIOn's meetings, or other supporting evidence. The completed
Minutes of the Special Meeting of October 26, 1954 were reviewed
unJcr this assignment.
Consistent with prior years practices the Secretary's salary for the
(urrent year of $1,200.00 has been reduced by, the Old-Age and Sur'
vivors insurance deductions amounting to $24.00, or 2 % of the gross
,,-mount. This $24.00 figure together with the Administration"s similar
contributions, are shown under the classification of taxes on Schedule I.
Travel Expense of the Secretary for the fiscal year cnding October
~l, 1955 amounted to $114.45, or 1635 miles of business travel at $0.07
per mill'. Payments made to the U. S. Treasurer totaling: $48.00 dur-
ing the year were accompanied by rdated returns referring to Old-Age
;tnd Survivor's Insurance. information on the. Secretary.
C:1sh in bank at October 31, 1955 per Schedule 1 amounting to
$1,251.63 was reconciled to the anlOunt confirmed by the First National
Bank in Lamar. A review of the Administration's bank statement at
November 19, 1955 shows that all outstanding checks listed on Schedule
1, with the exception of Check No. 162 for $8.00 to the Treasurer of
[he U. 5" had cleared the bank at that date.
The financial position of the Administration at October 31, 19.15 is
compared with that of a yerlr "go, in the: following summary:

ARK,"'NS.-\S RIVER COMPACT ADMINISTRATION
LClmar, Colorado

Cm.tr.-\RAT1\'E B....LANCE SHEET

October 31, October 31, Increase
1955 1954 (Decrease)

ASSETS
Cash in hank ...... ..,...............,..,
Equipment (Portable typewriter)

....$1,251.63
92.50

$1,514,62
92.50

$ (262,Y9)
-0-

Total Assets

...$I,344.lJ

$1,607.12

$ (262,99)

LIABIUTI ES
Employees deduct inns (HdJ in trust)

-0-

-0-

-0-

CAPITAL
Unexpended fund b,danee............ ,......$1.251.(;3
Expended fund bCllance for equipment 92.50

$1,514.(;2
92.50

$ (2(;2.99)
-0-

Total Capital

......$l.344.13 $1,607.12 $(262,99)

Total Liabilities and Capi[,d.. ..$l,)44,13 $1,607.12 $(2(;2.99)

Since the "BuJget year" covers the period July 1, 1954 to June 30,
14

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