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<br />UPPER COLORADO RIVER COMMISSION <br />Notes to Financial Statements - Continued <br />June 30, 2001 <br /> <br />(2) CASH AND CASH EQUIVALENTS <br /> <br />The Commissioners have authorized the Commission to deposit <br />funds in demand accounts at First Security Bank and deposit <br />funds with the Utah Public Treasurers' Investment Pool. <br /> <br />Cash in bank consisted of the following at June 30, 2001: <br /> <br />Checking <br />Payroll Account <br /> <br />$ 4,322 <br />2,000 <br /> <br />$ 6,322 <br /> <br />Cost <br /> <br />Fair <br />Value <br /> <br />Utah Public Treasurers' <br />Investment Pool <br /> <br />$ 277,816 <br /> <br />$ 277,816 <br /> <br />At year end, the carrying amount of the Commission I s cash <br />deposits was $6,322 and the balance per the bank statements was <br />$19,140. All deposits are fully insured. The public treasurers <br />fund is a state pooled investment account and bears market risk <br />like any investment. <br /> <br />(3) CHANGES IN INVESTMENT IN GENERAL FIXED ASSETS <br /> <br />Changes in the componencs of general fixed assets are as <br />follows: <br /> <br />Retirements <br />and <br />Disposals <br /> <br />Fixed <br />Assets <br />June 30, <br />2001 <br /> <br />Land and Land improve- <br />ments <br />Building <br />Furniture and fixtures <br />Engineering equipment <br />Upper Colorado River <br />Basin relief model <br /> <br /> Fixed <br /> Assets <br /> June 30, <br /> 2000 <br />$ 26,366 <br /> 56,919 <br /> 38,774 <br /> 1,411 <br /> 5,938 <br />$ 129.408 <br /> <br />Additions <br /> <br />26,366 <br />55,919 <br />38,774 <br />:',411 <br /> <br />3,938 <br /> <br /> <br />129.408 <br /> <br />8 <br />