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BOARD00542
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Last modified
8/16/2009 2:51:39 PM
Creation date
10/4/2006 6:40:07 AM
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Board Meetings
Board Meeting Date
11/25/2002
Description
CF Section - Financial Matters Construction Fund and Severance Tax Trust Fund Perpetual Base Account Comprehensive Annual Financial Report
Board Meetings - Doc Type
Memo
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<br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br />www.cwcb.state.co.us <br /> <br /> <br />Bill Owens <br />Governor <br /> <br />Greg E. Walcher <br />Executive Director <br /> <br />MEMORANDUM <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Mike Serlet, P.E. /!If <br />Chief, Water Supply Planning and Finance Section <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />FROM: <br /> <br />DATE: November 15, 2002 <br /> <br />SUBJECT: Agenda Item 16 - November 25-26, 2002, Board Meeting <br />Water Supply Plauning and Finance - Financial Matters <br />Construction Fund and Severance Tax Trust Fund Perpetual Base Account <br />Comprehensive Annual Financial Report <br /> <br />The Colorado General Assembly, through House Bill 00-1419, authorized the Colorado <br />Water Conservation Board (CWCB) to contract with a responsible independent accounting firm for <br />the purpose of preparing a Compilation Report (CR) of the CWCB Construction Fund and Severance <br />Tax Trust Fund Perpetual Base Account (STTFPBA) financial statements. <br /> <br />The CWCB entered into a contract with Van Schooneveld and Company, Inc., since acquired <br />by Clifton Gunderson, LLP of Greenwood Village, Colorado on November 24, 2000 to complete the <br />work outlined in the CR Scope of Work. The Scope of Work was reviewed and approved by the <br />Board at the May 23, 2000 Board meeting in Alamosa. The contract is for the annual preparation of <br />the CR through fiscal year 2005. <br /> <br />Mr. Kevin F. Collins, CPA, Partuer, and Dawn Schilling, CPA, Senior Manager with Clifton <br />Gunderson, will be present to answer questions regarding the Construction Fund and STTFPBA <br />financial statements for the fiscal year ending June 30, 2002 at the November 26, 2002 Board <br />meeting. Comparative financial statements for the fiscal years ending June 30, 2001 will also be <br />presented. <br /> <br />Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought Planning <br />
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