Laserfiche WebLink
<br />APPENDIX IIA.2" <br /> <br />Letter from Auditor <br /> <br />CRIMOND, SCHEMAHORN & co. <br />CERTIFIED PUBLIC ACCOUNTANTS <br />Richard p, Crimond, C.P,A. <br />Robert G. Schemahorn, Jr., C,P.A, <br />Ronny R. Farmer, C,P.A. <br />203 East Oa k <br />Lamar. Colorado 81052 <br /> <br />April 29, 1981 <br /> <br />Arkansas River Compact Administration <br />Lamar, Colorado 81052 <br /> <br />Gentlemen: <br />We have been asked to determine the difference between the cash <br />balance at June 30, 1980 shown by our audit report and by the secretary <br />to your compact. <br />In reviewing the treas"urer's report we note that our audited cash <br />balances at June 30. 1980 was $308 higher than the cash balance shown <br />by the treasurer's report. This was the result of OUf including a July <br />1980 interest posting on the savings account at First National Bank as <br />income for the fiscal year ended June 30. 1980 in that it was available <br />as of that date, The treasurer on a strict cash basis, included this $308 <br />as interest after July 1, 1980 and it is included in the $822.35 interest <br />shown on his report. <br />The net result of this is that the $3C8 difference is only a timing <br />difference and is properly now reflected in the treasurer's report (or <br />the period ended December .9, 1980. We trust this information will <br />suffice to explain the differences brought to our attention. <br />Yours very truly. <br />Crimond, Schemahorn & Co, <br />Isl Richard p, Crimond <br /> <br />RPC/lk <br />NOTE - This is an exact duplicate of a letter originally written <br />December to, 1980. <br /> <br />-'-21- <br />