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<br /> <br />richard p, crimond, c.p.a. <br />fanny r. farmer, c.p.a. <br /> <br />trjmond~ !arme" <br />& company <br />~ju<JkcY~ <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 30, 1982, 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 30, 1982. <br />Our examination was conducted in accordance with generally accepted <br />auditing standards, and accordingly, included such tests of the <br />accounting records and such other auditing procedures as we considered <br />necessary in the circumstances. <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, Exhibits A, B & C present fairly the Assets and <br />Liabilities Arising from Cash Transactions of the Arkansas River <br />Compact Administration as of June 30, 1982, and the results of Cash <br />Transactions for the year then ended on a basis consistent with the <br />previous year. <br /> <br />~~r} ;1a:h /d <br /> <br />Certified Public Accountants <br /> <br />July 22, 1982 <br />Lamar, Colorado <br /> <br />-1- <br /> <br />members of american institute of certified public accountants and colorado society of certified public accountants <br />