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<br />APPENDIX "A-1" <br /> <br />Auditors's Report <br /> <br />Crimond, Farmer & Co. <br /> <br />CERTIFIED PUBLIC ACCOUNTANTS <br />203 East Oak <br />Lamar, Colorado 81052 <br />Richard P. Crimond, C.P.A. <br />Ronny R. Farmer, C.P.A. <br /> <br />To the Representatives <br />Arkansas River Compact Administration <br />Lamar, Colorado 81052 <br /> <br />We have examined the Statement of Assets and Liabilities Arising <br />from Cash Transactions of the Arkansas River Compact <br />Administration as of June 30, 1983, and the Statement of Cash Receipts <br />and Disbursements, Changes in Cash Balance and the Statement of <br />Cash Receipts and Disbursements with Budget Comparison for the <br />year ended June 30, 1983. Our examination was conducted in ac- <br />cordance with generally accepted auditing standards, and accordingly, <br />'ncluded such tests of the accoW1ting records and such other auditing <br />procedures as we considered necessary in the circwnstances. <br />As described in Note 1 of the Notes to Financial Statements, the <br />accompanying statements are prepared on the cash basis of accounting <br />and accordingly they are not intended to be presented in conformity <br />with generally accepted accounting principles. <br />In our opinion, the financial statements present fairly the Assets <br />and Liabilities Arising from Cash Transactions of the Arkansas River <br />Compact Administration as of June 30, 1983, and the results of Cash <br />Transactions for the year then ended on a basis consistent with tbe <br />previous year. <br /> <br />Crimond, Farmer & Co. <br />Certified Public Accountants <br /> <br />August 8, 1983 <br />Lamar, Colorado. <br /> <br />, <br />I <br />I <br /> <br />13 <br />