WSP04053

• File Number: 8111.500
• Description: Arkansas River Compact Administration
• Basin: Arkansas
• Date: 1/1/1988
• Author: ARCA
• Title: ARCA Cash Basis Financial Statements 1988
• Water Supply Pro - Doc Type: Report/Study

.jmond~ !arme"
& company
~ju<6ka~

.

.

.

To the Representatives of
Arkansas River Compact Administration
Lamar, Colorado 81052

.

We have examined the statement of assets & liabilities - cash
basis of the Arkansas River Compact Administration as of June
3D, 1988, and the statement of cash receipts and
disbursements, changes in cash balance and the statement of
cash receipts and disbursements with budget comparison for
the yaar ended June 3D, 1988. Our examination was conducted
in accordance with generally accepted auditing standards, and
accordingly, included such tests of the accounting records
and such other auditing procedures as we considered necessary
in the circumstances.

.

.

The financial statements have been prepared on the cash basis
of accounting which is a comprehensive basis of accounting
other than generally accepted accounting principles.

.

In our opinion, the financial statement presents fairly the
assets and liabilities arising from cash transactions of the
Arkansas River Compact Administration as of June 3D, 1988,
and the results of cash transactions for the year then ended
on a basis consistent with the previous year.

~.~ ,rCo

.

September 23, 1988
Lamar, Colorado

-1 -

203 east oak. p.o. box 1173 . lamar, colorado 81052 . [phone]
members of american institute of certified public accountants and colorado society of certified public accountants