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To the Representatives Arkansas River Compact Administration Lamar, Colorado 81052 We have examined the Statement of Assets & Liabilities Arising from Cash Transactions of the Arkansas River Compact Administration as of June 30, 1984. 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 yea,' ended June 30, 1984. Our examination was conducted in accordance wHh 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. As described in Note I of the Notes to Financial Statements. the accompanying statements are prepared on the cash basis of accounting and accordingly they are not intended to be presented in conformity with generally accepted accounting principJes. In our opinion, the financial statement presents fairly the Assets and Liabilities Arising from Cash Transactions of the Arkansas River Compact Administration as ot June 30. 1984, and the results of Cash Transactions for the year then ended on a basis consistent with the previous year. /s/ Crimond, Farmer & Co. Certified Public Accountants August 22, 1984 Lamar, Colorado ARKANSAS RIVER COMPACT ADMINISTRATION STATEMENT OF ASSETS AND LIABILITIES ARISING FROM CASH TRANSACTIONS June 30,1984 ASSETS: Cash & Savings....... Excess f'ICA Receivable............. Equipment.. ............. Concrete Control.. .. ..$45,232 42 15,893 8.000 TOTAL ASSETS. .. .$69.16; LIABILITIES: CASH BASIS EQUITY: Expended: Equipment.............. Concrete.. ............. Unexpended............... . o 15,893 8.0Q0 . . 45,274 TOTAL CASH BASIS EQUITY-NOTE la...... TOTAL LIABILITIES & CASH BASIS EQUITY... 69.16; ......$69,167 The accompanying notes are an integral part of the financial statements. 14