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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Our audit was made for the purpose of forming an opinion on the <br />general-purpose financial statements taken as a whole. The <br />combining, individual fund and account group statements and <br />schedules listed in the table of contents are presented for <br />purposes of additional analysis and are not a required part of <br />the general purpose financial statements of the Dolores Water <br />Conservancy District. Such information has been subjected to the <br />auditing procedures applied to the audit of the general purpose <br />financial statements and, in our opinion, is fairly stated in all <br />material respects in relation to the general purpose financial <br />statements taken as a whole. <br /> <br />f/~ <br /> <br />"':::f. ~ ILL P <br /> <br />Hutchison & Coleman, LLP <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />-2 - <br />