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<br />richard p. crimond, c.p.a. <br />ronny r. farmer, c.p.a. <br /> <br />trjmond~ !arme~ <br />@Jcompany <br />~judku~ <br /> <br />203 east oak <br />p.O. box 1173 <br />lamar, co. 81052 <br />(303) 336-7428 <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />To the Representatives <br />Arkansas River Compaot Administration <br />Lamar, Colorado 81052 <br /> <br />. <br /> <br />We have examined the Statement of Assets & Liabilities Arising from <br />Cash Transaotions of the Arkansas River Compaot Administration as of <br />June 30, 1981, and the Statement of Cash Reoeipts and Disbursements, <br />Changes in Cash Balanoe and the Statement of Cash Reoeipts and <br />Disbursements with Budget Comparison for the year ended June 30, 1981. <br />Our examination was oonduoted in aooordanoe with generally aooepted <br />auditing standards, and aooordingly, inoluded suoh tests of the <br />aooounting reoords and suoh other auditing prooedures as we oonsidered <br />neoessary in the oiroumstanoes. <br /> <br />. <br /> <br />. <br /> <br />As desoribed in Note 1 of the Notes to Finanoial Statements, the <br />aooompanying statements are prepared on the oash basis of aooounting <br />and aooordingly they are not intended to be presented in oonformity <br />with generally aocepted aooounting prinoiples. <br /> <br />. <br /> <br />In our opinion, Exhibits A, B & C present fairly the Assets and <br />Liabilities Arising from Cash Transaotions of the Arkansas River <br />Compaot Administration as of June 30, 1981, and the results of Cash <br />Transaotions for the year then ended on a basis oonsistent with the <br />previous year. <br /> <br />. <br /> <br />~&_:O/~~ /d. <br /> <br />Certified Publio Aooountants <br /> <br />August 11, 1981 <br />Lamar, Colorado <br /> <br />-1- <br /> <br />members of amerJcan institute of certified public accountants and colorado society of certified public accountants <br /> <br />_. ; ,Vo", .. .'-""",- ":~,_'':-~ ,,~_~';_'__:.";., <br /> <br />-..:r.:;.:-., ._', j ".':, ' <br /> <br />-~ .c:.- i',..._~5:_.~.- ',_ -~,.~~: ,;,:,~';.-:''':'-"_- '.'::',;.;.,: <br /> <br />...... <br />" ~ '- -.,.>> " ~ <br />