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BOARD00058 (2)
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Last modified
8/16/2009 2:43:55 PM
Creation date
2/20/2007 11:04:41 AM
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Template:
Board Meetings
Board Meeting Date
11/13/2006
Description
CF Section - Construction Fund and Severance Tax Trust Fund Perpetual Base Account - Annual Financial Statements
Board Meetings - Doc Type
Memo
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<br /> <br />~Clifta <br />~ Gund~rson LLP <br /> <br />Certified Public Accountants & Consultants <br /> <br />Accountant's Report <br /> <br />Board of Directors <br />Colorado Water Conservation Board <br />Denver, Colorado <br /> <br />We have compiled the accompanying statements of net assets of Colorado Water Conservation <br />Board, Construction Fund as of June 30, 2006, 2005 and 2004, and the related statements of <br />revenue, expenses and changes in net assets for the years then ended, and the accompanying <br />supplemental information, which is presented only for additional analysis purposes, in <br />accordance with Statements on Standards for Accounting and Review Services issued by the <br />American Institute of Certified Public Accountants. <br /> <br />. <br /> <br />A compilation is limited to presenting in the form of financial statements and supplemental <br />information, information that is the representation of management. We have not audited or <br />reviewed the accompanying financial statements and supplemental information and, accordingly, <br />do not express an opinion or any other form of assurance on them. <br /> <br />The financial statements of the Colorado Water Conservation Board, Construction Fund are <br />intended to present the financial position of only that portion of the funds of the Colorado Water <br />Conservation Board that is attributable to the transactions of the Colorado Water Conservation <br />Board, Construction Fund. <br /> <br />Management has elected to omit substantially all of the disclosures, management's discussion <br />and analysis, and the statements of cash flows required by generally accepted accounting <br />principles. If the omitted disclosures, management's discussion and analysis, and statements of <br />cash flows were included in the financial statements, they might influence the user's conclusions <br />about the Colorado Water Conservation Board, Construction Fund's financial position, results of <br />operations, and cash flows. Accordingly, these financial statements are not designed for those <br />who are not informed about such matters. <br /> <br />~~LL)J <br /> <br />Greenwood Village, Colorado <br />August 18, 2006 <br /> <br />. <br /> <br />6399 s. Fiddler's Grem Circle <br />5l1tfe 100 <br />C,.emwood Village, Colorado 80111 <br />tel: (303) 779-5710 <br />fa.x: (303) 779-0348 <br /> <br />www.cliftoncpa.com <br /> <br />Offices in 13 states and Washington, DC <br /> <br />M.mb.. of <br /> <br /> <br />nII,nternat;on", <br />
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