2003 Construction Fund Financial Statement

Home Browse Search

I I I I I I I I I I I I I I I I I I I ~Clifta m Gund~rson LLP Certified Public Accountants & Consultants Accountant's Report Board of Directors ColoradD Water CDnservatiDn Board Denver, CDlorado We have compiled the accompanying statements of net assets of CDloradD Water CDnservation BDard, Construction Fund as Df June 30, 2003, 2002 and 2001, and the related statements of revenue, expenses and changes in net assets, and the accDmpanying supplemental informatiDn fDr the years then ended, in accordance with Statements on Standards fDr Accounting and Review Services issued by the American Institute Df Certified Public Accountants. A cDmpilation is limited tD presenting in the form Df financial statements and supplemental infDnnatiDn, infDrmatiDn that is the representatiDn Df management. We have nDt audited Dr reviewed the accompanying financial statements and supplemental infDrmation and, accDrdingly, do not express an opiniDn or any Dther form Df assurance on them, The financial statements Df the CDlorado Water Conservation Board, Construction Fund are intended to present the financial pDsition of only that portion of the funds Dfthe CDlorado Water Conservation Board that is attributable to the transactions of the Colorado Water Conservation Board, Construction Fund. Management has elected to omit substantially all of the disclosures and the statements of cash flows required by generally accepted accounting principles. If the omitted disclDsures and statement of cash flows were included in the financial statements, they might influence the user's cDnclusions about the ColoradD Water CDnservatiDn Board, Construction Fund's financial pDsitiDn, results of DperatiDns, and cash flows. Accordingly, these financial statements are nDt designed for those who are nDt infDrmed about such matters, ~4.. ~1a-s,-,LL? GreenwoDd Village, CDloradD August 25, 2003 Offices in 13 states and Washington, DC M.mb.. o' .,n.em..,ono,