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<br />I <br />r <br /> <br />, <br /> <br />11-12 <br /> <br />TOWN OF HOTCHKISS <br />Delta County, Colorado <br /> <br />'-.. <br /> <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 1974 <br /> <br />(Continued) <br /> <br />Note 4 - Expenditure Clearing Accounts: <br />As prescribed by the Colorado Local Government Accounting, Auditing, <br />and Reporting Laws as set forth by the Colorado State Auditor, the <br />following schedule is included: <br /> <br />" <br /> <br />Audit <br />Data Processing <br />Publishing <br />Insurance and Bonds <br />Retirement and Pension Contribution <br />State Compensation Insurance <br />Unemployment Compensation <br />Total <br /> <br />$ <br /> <br />1,075 <br />-0- <br />183 <br />1,035 <br />-0- <br />450 <br />-0- <br />2.743 <br /> <br />$ <br /> <br />',---, <br /> <br />Note 5 - Supplemental Information: <br />As noted in the audit certificate, supp1emeQta1 statements compar- <br />ing actual revenue and expenditures with budget estimates is provided <br />to comply with Colorado Revised Statutes for the Water Fund. The Local <br />Government Budget Law requires appropriations for all expenditures, in- <br />cluding, but in addition to normal expenses, for such other items as, <br />but not limited to, capital outlay and bonded debt principal. <br /> <br />. <br /> <br />',-- <br /> <br />. <br />