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<br />APPENDIX "A.I" <br />Auditor's Report <br /> <br />Crimond, Schemahorn & Co. <br /> <br />CERTIFIED PUBLIC ACCOUNTANTS <br />203 East Oak <br />Lamar, Colorado 81052 <br />Richard P. Crimond, C.P,A. <br />Robert G. Schemahorn, Jr., 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, 1980, 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, 1980. OUr examination was conducted in ac- <br />cordance with generally accepted auditing standards, and accordingly, <br />included such tests o( the accounting records and such other auditing <br />procedures as we considered necessary in the circumstances. <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 accoWlting principles. <br />In our opinion, Exhibits A, Band C present fairly the Assets and <br />Liabilities Arising from Cash Transactions of the Arkansas River <br />Compact Administration as of June 30, 1980, and the results of Cash <br />Transactions for the year then ended on a basis consistent with the <br />previous year. <br /> <br />Crimond, Schemahorn & Co. <br />Certified Public Accountants <br /> <br />July 25, 1980 <br />Lamar, Colorado <br /> <br />EXHIBIT A <br /> <br />ARKANSAS RIVER COMPACT ADMINISTRATION <br />STATEMENT OF ASSETS AND LIABILITIES <br />ARISING FROM CASH TRANSACTIONS <br />JUNE 30, 1980 <br /> <br />ASSETS: <br />Cash and Sa vings ' <br />Equipment, <br />Concrete Control, <br /> <br />TOTAL ASSETS ' <br /> <br />" ,$22,760 <br />2,407 <br />8,000 <br /> <br />.. , .. .. .., .., ,$33,167 <br /> <br />-18- <br />