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<br />, <br /> <br />o <br />N <br />N <br />Ul <br /> <br />COLORADO RIVER BASIN SALINITY CONTROL FORUM <br />Notes to Financial Statements, Continued <br />June 30, 1989 <br /> <br />(2) Contracts <br /> <br />The Forum has entered into a contract with a hydrological engineer <br />whereby the engineer agrees to provide services to the Forum to <br />further the goals, purposes and objectives of the Forum for certain <br />fees. The engineer provides office space, clerical services, <br />transportation and other services. The Forum agrees to pay fees for <br />services and certain other operating costs associated with this <br />contract. The expenses incurred under the contract are reflected in <br />the accompanying statement of revenue, expenses and fund balance. <br /> <br />(3) State Allocation <br /> <br />State allocations represent charges to the states for their pro-rata <br />share of allocations for the purpose of operating the forum. Such <br />allocations are based on a formula and are charged to the states <br />annua 11 y. <br /> <br />(4) Income Taxes <br /> <br />~, The Forum is an organization formed by the seven Colorado River <br />Basin States and as a quasi governmental organization is not subject <br />to income taxes. <br /> <br />?- <br />;~ <br /> <br />,'" <br />';. <br /> <br />'~ <br /> <br />. <br /> <br />"I,' <br />~ "-"{ <br />.-~ <br />~ <br />~.~:; <br />, <br />~~~' <br /> <br />l~ <br />:~~~ <br />~t: <br />;-:". <br />~~~ <br />~{ <br />to"'- <br /> <br />tt~ <br />,~:~ <br /> <br />~:~~ <br />i$ <br />,'" <br />lS' <br />r~ <br />~, <br /> <br />~'1.~: <br />9:">1 <br />~-,,, <br />E~ <br />~~ <br />,~ <br />~ <br />2'."- <br />~ <br />{? <br />~! <br />~ <br />~ <br />~" <br />% <br /> <br />;'~ <br />(.~ <br />;;;: <br />" <br />.' <br />., <br />" <br />;;, <br />~ <br />" <br />. <br /> <br />;>: <br />> <br />~ <br />, <br /> <br />- ,~- J~, .___': <br />