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<br />APPENDIX "A"
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<br />
<br />AUDITOR'S REPORT
<br />
<br />ROBERT W, ROLLINS
<br />
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<br />
<br />Certified Public Accountant
<br />La Junta, Colorado
<br />
<br />December 4, 1959
<br />
<br />To the Reprcscllt;nivcs
<br />Arkansas River Comract Administr;lrion
<br />Lamar, Cui ora do
<br />
<br />Gentlemen:
<br />In ;Iccorcbncc v..itll YOUT request. an eX;tminiltin!1 h.ls been ffi<1JC of
<br />the tinanc\;d tr,lIls;\ctions of the Ark;ms;\s River ClJmp,Kt Administra~
<br />rion for its "Report-Year" Novtmbcr 1, 1958 to Octobt'f 31,1959. The
<br />results o( the audit arc cxprc:;sed in the ;-lttachcd st;ttcmcnr of (,Ish
<br />receipts ane] disbursements, Schedule I, Page No, 17, The remarks v..'hich
<br />fnllnw .Ire offcft~'d as additional infnrm;ltion illlll tent}, to de-scrihe the
<br />extent tlf the audit work pcrfo~mcd.
<br />
<br />General Comments
<br />Schedule I, reflecb till': bcginnll1g balance of cash in b,lOk, r~v'.::nu':
<br />,l:-;scssments rccc:iveu from the Stiltes of Clllorf-ldn ;md Kans,\~, expt:ndi'
<br />tures by dassificCltion and the ending b,dancc of Glsh in bank,
<br />As provided for in the hudget of the Administration's meeting of
<br />July 3, 1958 and to comply with action taken by the Bmrd ~lt its July
<br />'23, 1959 meeting, funds clue from Colorado (60% share) of $1,400,00
<br />and Kansas {40;;;' share) of $1,600,00 were received for the budget year
<br />ending June 30, 1960 ,Inci plClced on deposit with the First National
<br />Bimk in Lamar, Colorado, on the respective Jates of Septemher 10th,
<br />1959 and September 23.1959,
<br />All disbursements v.,1ere mtldL: by .::hecks drawn em the Administra-
<br />tion's acwunt ilt the First Nation,\l Bank in Llmar, Colorado, The in-
<br />dividual checks were cXdminccl for amount, signature, and endorsement.
<br />.I'\moums so expended were substcmtj;Hed by verification to payees" state-
<br />ments, authorization of payment as evidenced in minutes of the Com-
<br />P;\ct's mectlngs, or other supporting documents,
<br />Consistent with prior years' pra.::ticcs, the Sccrt'tary's saLlry for the
<br />current year of $1 ,200,00 h~{s been reduced by the Old-Age and Sur-
<br />vivor's Insurance dC'cluctinns amounting to $29,50, It will be noticed on
<br />Schedule I, that only $27,00 of this "mount together with the Adminis-
<br />tration's related contribution, ,'lre shown under the clllssification of taxes,
<br />The October 1959 payroll deduction of $2,50 will be remitted in the
<br />~ub.5cqul:.'nt period,
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