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<br />ARKANSAS RIVER COMPACT ADMINISTRATION <br />TABLE OF CONTENTS <br />June 30, 1997 <br /> <br />Independent Auditor's Report <br /> <br />I <br /> <br />Statement of Assets and Liabilities - Cash Basis <br /> <br />2 <br /> <br />Statement of Revenues and Expenses "ith Budget Comparison <br /> <br />3 <br /> <br />Changes in Cash Balance - Statement of Receipts and Disbursements <br /> <br />4 <br /> <br />Notes to Financial Statements <br /> <br />5 <br /> <br />1651) <br />