CT2015-012 Feasibility Study Increase

• Contract/PO #: CT2015-012
• Contractor Name: Sanchez Ditch and Reservoir Company
• Contract Type: Loan
• Loan Projects - Doc Type: Feasibility Study

, ii .„..„, ,4,, Er [.....
-r IvIARTINEZ Ey ' - •0 GATES, INC.
Certified Po' .7..1 .a. countants
w .,:e.,. r—
February 25,2017
To the Board of Directors
Sanchez Ditch&Reservoir Company,Inc,
PO Box 7
San Acacio,CO 81150
We have compiled the accompanying statement of financial position of Sanchez Ditch&
Reservoir Company,Inc.,(a nonprofit organization)as of December 31,2016,and the related
statement of activities for the year then ended.We have not audited or reviewed the
accompanying financial statements and,accordingly,do not express an opinion or provide any
assurance about whether the financial statements are in accordance with accounting principles
generally accepted in the United States of America.
Management is responsible for the preparation and fair presentation of the financial statements
in accordance with accounting principles generally accepted in the United States of America
and for designing,implementing,and maintaining internal control relevant to the preparation
and fair presentation of the financial statements.
Our responsibility is to conduct the compilation in accordance with Statements on Standards
for Accounting and Review Services issued by the American Institute of Certified Public
Accountants.The objective of a compilation is to assist management in presenting financial
information in the form of financial statements without undertaking to obtain or provide any
assurance that there are no material modifications that should be made to the financial
statements.
Management has elected to omit substantially all of the disclosures and the statement of cash
flows required by accounting principles generally accepted in the United States of America. If
the omitted disclosures were included in the financial statements,they might influence the
user's conclusions about the Organization's financial position,changes in net assets,and cash
flows. Accordingly,these financial statements are not designed for those who are not
informed about such matters.
)rq0,1=1..4-Ctiln ,Sik..—
Martinez&Associates,Inc.
514 Second Street . Alamosa, Colorado 81101 , (719) 5894964