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<br />richard p. crimond, c.p.a. <br />ranny r. farmer, c.p.a. <br /> <br />'rimond~ !arme' <br />&eompanu <br />~~a~ <br /> <br />To the Representatives <br />Arkansas River Compact Adminiatration <br />Lamar, Colorado 81052 <br /> <br />We have examined the Statement of Assets & Liabilities <br />Arising from Cash Transactions of the Arkansas River Compact <br />Administration as of June 30, 1985, and the Statement of Cash <br />Receipts and Disbursements, Changes in Cash Balance and the <br />Statement of Cash Receipts and Disbursements ~ith Budget <br />Comparison for the year ended June 30, 1985. Our examination <br />~as conducted in accordance ~ith generally accepted auditing <br />standards, and accordingly, included such tests of the <br />accounting records and such other auditing procedures as ~e <br />considered necessery in the circumstances. <br /> <br />As described in Note 1 of the Notes to Financial Statements, <br />the accompanying statements are prepared on the cash basis of <br />accounting and accordingly they are not intended to be <br />presented in conformity ~ith generally accepted accounting <br />principles. <br /> <br />In our opinion, the financial statement presents fairly the <br />Assets and Liabilities Arising from Cash Transactions of the <br />Arkansas River Compect Administretion as of June 30, 1985, <br />and the results of Cash Transactions for the year then ended <br />on a basis consistent ~ith the previous year. <br /> <br />C1,t.4~t.e~ ch"<<-VI. r (; <br />Certified Public Accountants <br /> <br />August 14, 1985 <br />Lamar, Colorado <br /> <br /> <br />-1- <br /> <br />members 01 american Institute of certified public accountants and colorado society of certified public accountants <br /> <br />203 asst oak <br />p.o. box 1173 <br />lamar, co. 81052 <br />(303) 336-7428 <br /> <br /> <br />