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<br /> <br />c~mond~ farmer · <br />&companu <br />~~a~ <br /> <br /> <br />203 east oak <br />p,o, box 1173 <br />lamar, co. 81052 <br />(303) 336-7428 <br /> <br />To the Representatives <br />Arkansas River Compact Administration <br />Lamar, Colorado 81052 <br /> <br />We have examined the Statement of Assets & Liabilities Arising from <br />Cash Transactions of the Arkansas River Compact Administration as of <br />June 3D, 1983, and the Statement of Cash Receipts and Disbursements, <br />Changes in Cash Balance and the Statement of Cash Receipts and <br />Disbursements with Budget Comparison for the year ended June 3D, <br />1983. Our examination was conducted in accordance with generally <br />accepted auditing standards, and accordingly, included such tests of <br />the accounting records and such other auditing procedures as we <br />considered necessary in the circumstances. <br /> <br /> <br />As described in Note 1 of the Notes to Financial Statements, the <br />accompanying statements are prepared on the cash basis of accounting <br />and accordingly they are not intended to be presented in conformity <br />with generally accepted accounting principles. <br /> <br />In our opinion, the financial statements present fairly the Assets & <br />Liabilities Arising from Cash Transactions of the Arkansas River <br />Compact Administration as of June 3D, 1983, and the results of Cash <br />Transactions for the year then ended on a basis consistent with the <br />previous year. <br /> <br />~~0 ~:te, ~ <br /> <br />Certified Public Accountants <br /> <br />August 8, 1983 <br />Lamar, Colorado <br /> <br />-1- <br /> <br />members of american institute of certified public accountants and colorado society of certified public accountants <br />