HomeMy WebLinkAbout20092103.tiffRESOURCE COLORADO
WATER AND SANITATION METROPOLITAN DISTRICT
141 Union Boulevard, Suite 150
Lakewood, Colorado 80228-1898
Tel: 303-987-0835 • 800-741-3254
Fax: 303-987-2032
July 31, 2009
Weld County
Board of County Commissioners
PO Box 758
Greeley, CO 80632
RE: Resource Colorado Water and Sanitation
Metropolitan District; 2008 Annual Report
To Whom It May Concern:
Enclosed is the 2008 Annual Report for the Resource
Colorado Water and Sanitation Metropolitan District.
Please acknowledge your receipt of the information and
documents by signing this letter below and returning to this
office in the enclosed self-addressed, stamped envelope.
If you have any questions, please do not hesitate to
contact me.
Sincerely,
JCS
Terri L.
Maulik
Assistant to Lisa A. Johnson
District Manager
Enclosures
cc: McGeady Sisneros - Jennifer Henry
Division of Local Government
State Auditor
The above referenced information a d documents were
received this day of August, 2009. °�
(13
Wel. County
'1 7791c;.v/rv*n c)/L/>
I 'h L
2009-2103
ANNUAL REPORT
(Year Ending December 31, 2008)
RESOURCE COLORADO WATER AND SANITATION METROPOLITAN DISTRICT
(THE "DISTRICT")
Pursuant to Section VII. of the Service Plan for the District
approved July 19, 2004, the District hereby submits the
following information and attachments.
A. Changes in the District's taxing boundary or Service Area
boundary.
There were no changes to the District's taxing boundary or
service area boundary in 2008.
B. Intergovernmental Agreements
The District has entered into the following
intergovernmental agreements:
Lost Creek Ground Water Management District
Intergovernmental Agreement (07/10/05); describes the
agreement for funding a USGS study and the sharing of
the information derived from the study.
Term: Indefinite
Town of Keenesburg
Agreement (4/25/06); sets forth the terms and conditions
of the purchase of the water right associated with Well
Permit No. 31652 -FP by the Town from the District.
Term: Indefinite
Assignment (7/26/06); assigns all right, title and
interest to the water right associated with Well Permit
No. 31652 -FP to the Town by the District.
Term: Indefinite
Easement Deed (7/26/06); grants an easement to the Town
for access to the Tank Site.
Term: Indefinite
Agreement (7/26/06); sets forth the terms and conditions
regarding certain specified obligations regarding the
decrees and stipulations related to the water right
associated with Well Permit No. 31652 -FP.
Term: Indefinite
Agreement (7/26/06); defines the terms and conditions
for the District to use and reuse the water right
associated with Well Permit No. 31652 -FP, subject to a
certain reservation.
Term: Indefinite
Intergovernmental Agreement (06/22/07); sets forth the
understanding that the District will conduct a
feasibility study regarding the respective water
supplies and wastewater treatment options and determine
if there are operations, projects or opportunities for
the parties that will reduce costs for their respective
customers.
Term: Until project is complete
C. Changes in the District's rules and regulations
The District did not amend its rules and regulations in
2008.
D. Summary of any litigation which involves the District
The District was involved in the following litigation in
2008.
Case No. 06CW256, Water Division No. 1, Application for
Approval of Plan for Augmentation, Including Claims for
Conditional Ground Water Rights, Storage Rights, Change of
Water Rights and Appropriative Rights of Substitution and
Exchange ("Augmentation Plan")This case pertains to a plan
for augmentation for the Pioneer Development. Pioneer
Communities Inc. is a co -applicant in the case.
Status: The case is still pending.
E. Status of construction of improvements
The District did not construct any improvements in 2008.
F. Annual audited financial statements of the District or
appropriate exemptions from Audit
A copy of the Application for Exemption from Audit for the
year ended December 31, 2008 is attached hereto.
G. Summary of total debt authorized, issued and outstanding
See attached summary.
MEMORANDUM
To: Weld County, CO
From: McGeady Sisneros, PC
Date: July 25, 2009
Re: Resource Colorado Water and Sanitation Metropolitan District
Election Authorization as of 12/31/09
t .e-
---
P
Pur I i se - Im • rovments
5A
Streets
$324,000,000.00
$0.00
$324,000,000.00
58
Water Sup .lyS stem
$324,000,000.00
$0.00
$324,000,000.00
5C
Sanitary Sewer System
$324,000,000.00
$0.00
$324,000,000.00
5D
Mosquito Control
$324,000,000.00
$0.00
$324,000,000.00
---
Pur. • a - Other Authorizations
5E
Refunding of District debt or other
obligations
$324,000,000.00
$0.00
$324,000,000.00
5F
IGAs that are MFY obligations;
payable from unlimited ad valorem
property tax levy
$324,000,000.00
$0.00
$324,000,000.00
5G
Operating Expenses and
Reimbursement of Operating
Advances to the District
$50,000,000.00
$0.00
$50,000,000.00
5H
IGAs that are MFY obligations;
payable from unlimited ad valorem
property tax levy
$324,000,000.00
$0.00
$324,000,000.00
51
IGAs for Regional Improvements
that are MFY obligations
Allowed
5,1
Authority to Collect/Spend Facilities
Fees, charges, tap fees
Allowed
xtb
i,
Note: IGA = Intergovernmental Agreement; MFY = Multiple Fiscal Year
Debt: All authorized debt is in the form of revenue bonds or other obligations of the District including
but not limted to contracts, leases and other agreements, except as otherwise noted.
Date of Last Election: November 2, 2004
Page 1 W:\Clients\857\ServiceP\00151584
Clifton
Gunderson LLP
Cerlified Public Act unlants B Consullanls
March 13, 2009
Office of the State Auditor
Local Government Audit Division
255 East 16th Avenue, Suite 555
Denver, CO 80203
Enclosed are copies of the Application for Exemption from Audit for each of the
following Districts for the year ended December 31, 2008:
Fitzsimons Village Metropolitan Districts No. 1 — 3
Highfield Metropolitan District
Pioneer Metropolitan District Nos. 1, 2, 3, 4, 5, 6
Pioneer Regional Metropolitan District
Resource Colorado Water & Sanitation Metropolitan District
Second Creek Farm Metropolitan District Nos. 2, 3, 4
Sheridan Sanitation District No. 2
Please mail the Acceptance of Exemption from Audit directly to our offices at:
8390 E. Crescent Parkway, Suite 600
Greenwood Village, CO 80111
If you have any questions concerning this report, please contact us at (303) 779-5710.
Very truly yours,
Patricia Van Deman
Assistant Office Administrator
Enclosures
8390 E. Gex.nr Park Way, Sorre 600
Greenwood Pillage, Colorado 80111
col: 303.779.5710
fax: 303.779.0348
www.cliftoncpa.com
HLB
Inter•atioral
APPLICATION FOR
REVENUES OR EXPENDITURES
EXEMPTION FROM AUDIT - LONG FORM - FOR
GOVERNMENTS WITH
MORE THAN $500,000
GREATER THAN $100,000 BUT NOT
Name of Government:
Resource Colorado Water & Sanitation Metropolitan District
For the Fiscal Year
Ended December 31, 2008
or fiscal year ended:
Address:
8390 E. Crescent Parkway
Suite 600
Greenwood Village, CO 80111
Contact Person:
Jason Carroll
Telephone:
303-779-5710
E -Mail:
jason.carroll@cliftoncpa.com
Fax:
303-779-0348
Return to: Office of the State Auditor
Local Government Audit Division
225 E. 16th Ave., Suite 555
Denver, CO 80203
Fax: (303) 8664062 Call (303) 866-3338 if you need help completing this form.
Email: OSA.LG@state.co.us
Section 29-1-604, C.R.S. outlines
neither revenues nor expenditures
If either revenues or expenditures
form. If both revenues and
for exemption from audit.
Instructions:
In order to ensure that your
the following:
1. Prepare this form completely
2. File this form with the Office
ended December 31, the
3. The form must be completed
the provisions for an exemption from audit. Generally, any
exceed $500,000 in any fiscal year qualify for an exemption.
are $100,000 or greater, but not more than $500,000,
expenditures are less than $100,000 individually, use the short
government's application will be accepted by the Office of the State
and accurately.
of the State Auditor within 3 months after the end of the fiscal
form must be received by the Office of the State Auditor by March
local government where
you may use this
form application
Auditor, you must do
year. For years
31.
knowledge of
a resolution of the
that includes the 1
plus
by an independent accountant (separate from the entity) with
faxed, or emailed as indicated above. If faxed or emailed,
the application from exemption from audit in a format
the governing body (see sample resolution). If mailed, an original
the application that is submitted in order for it to be accepted.
be attached to the exemption at the preparers discretion.
governmental accounting.
4. The application may be mailed,
governing board must accompany
signatures of a majority of
one copy should be sent.
5. The preparer must sign
6. Additional information may
CERTIFICATION OF PREPARER
I certify that I am an independent** accountant with knowledge of governmental accounting and that the information in the Application is
complete and accurate to the best of my knowledge.
Name: Jason Carroll 'Title: Accountant for the District
Firm Name: Clifton Gunderson LLP
Firm Address: 8390 E. Crescent Parkway, Suite 600, Greenwood Village, CO 80111
Date Prepared: February 27, 2009 (Telephone Number: 303-779-5710
Signature: See Accountant's Compilation Report
the Audit Law requires that a person independent** of the entity complete the Application if revenues or expenditure are at
east $100,000 but not more than $500,000. Please describe what your relationship is with the entity.
:PA firm for the District
Independent means someone who is separate from the entity.
Page 2
PART 1 - Financial Statements - Balance Sheet ,
Proprietary/Fiduciary Funds
V
C'
J!_
LL
.,
.... WIG
a
N
VI
W
N
W
0
Accrued Payroll and Related Liabilities _I $ - I $ -
4
Due to other Entities or Funds I $ - I $ - I
Proprietary Debt Outstanding (from Part 3) $ - $
Other Liabilities (specify) $ - $
Developer Advance Payable I $ 371,565 5
Interest payable on developer advance I $ 54,853 I S
N
wVP
H
N
r
411
W
0.
40.
N
co ,
r;"
to
4,
10
N
01
2
r
r
N
Cc.
a
0
N
0
J
O
1-
E ui
Investment in Capital Assets, Net of Debt $ - $ -
Fund Equity
Other Designations/Reserves I $•
W
W
N
N
gate Name of Fund
• Attach additional sheets as necessary.
Please Check the box below to indicate the basis of accounting used to complete this form: _
x Accrual Basis Cash Basis Is this a change from last year? Yes x No
,
NN
co
N
W
0
W
CO
MM1
N
O
N
N
CO
W
Enterprise
Fund'
Assets _. ..
•
Investments I $ - I
Receivables $
(� Due from other Entities or Funds $ -
Capital Assets, net (from Part 5) I $ 87,204
WNi
V
Y
o
d
r
r
W
C N
N
n
co
U1
U n designatedlUnreservedlUnrestricted
Total Equity (add lines 28 through 33 - this total
should be the same as line 101 on page 4)
Total Liabilities and Equity (add tines 26 and 34- I
this total should be the same as line 10)
Total Assets (add lines 2 through 9)
Liabilities and Fund Equity
Liabilities
Assets
r
VI
.r.
r
w
J
C
0
$�
C
Receivables I $ _ _ 300 I $ - I
Due from other Entities or Funds I $ __I $
it
W
ift
C
0
0
w3
to
N
Q
m
O
W
.
QV
r
N
r•
ta.
N
4.
Total Assets (add lines 2 through 9) I $ 874 I $ -
Liabilities and Fund Equity
Liabilities
Accounts Payable $ 40,861 $
Accrued Payroll and Related Liabilities I $ 2,584 I $
Accrued Interest Payable I $ I $ -I
Due to other Entities or Funds I $ - I $ -
r
p
WwN
M
g
r
W
r•
ill
r
V 1
Ww
r
w
ilTotal Liabilities (add lines 14 through 25) I $ 43,445 I $ -
) Fund Equity-.--
) Emergency Reserves $ - $
Other Designations/Reserves $ - I $ _
Restricted I $ - I $ -
3 I UndesianatedAinreservedlUnrestricted I $ (42,571)! $
Total Equity (add lines 30 through 33 - this total
should he the same as line 101 on page 4) $ (42,571) $
Total Liabilities and Equity (add lines 26 and 34-
this total should be the same as line 10) $ 874 $
I
!General I
17
r
N
th
<
N
(0
1--
W
O)
O
r
N
r r
r
CO
n
CO 01
N
N
N
CO
N
in
CO
N
CO
N M
M
CCf)
01
I
C
0
O
C
0 LL
I-
N
C
U.
C
N L
N
O
CD )41 c
C c
ELL
d
C
W
an
V
C
LL
3
C
E
W
0
0
O
N
U
C
O
C
co
0 N
%
C
C N
l—
a)
on M
w w w w w w w w. .;49 w w w w w w w w w w N 4 N.. w w w w
w
0.
a
N
w
a
O
M
w
w
w
M
w
N
V
C
on
N
N
w
w
an
w
V)
U
d
c
d
6
w
w
0
VI
w
w
M
P
w
w
w
V
S ','H
w
N
O
V
w
w
V
w
w
w
C
n
ea
C
CD
w
q
a
4-
0
v
C
U
LL
co
I--
C
0
ats 0d C
oo
O
w
w
N
C
C
3
.44
LL
E
F
C
0
N
d
N
0
0)
w
C
N
CD
O
w
a
Ort
❑T
U
E
E
U
w
w
C
CD
O
U
O
d
a
rit
d
❑
1'
E
E
0
O
w
N
w
w
0
C
a
U
O
a
90
N
w
w
01
N
M
w
u
d
0.
m
4O
N
N
w
0
0
2
N
rn
O
O
V
C
w
K
VI
N
3
w
w
d
0
C
co
w w
w
w
w
IA
an
E
U
C
m
4,
C
N
w
• CO
w w
A
0
LL
V
C
N
a
LL
r
to
to
to
w
H
VI
W
M
(44 69
m
N
Fr)
0
CO
C
d
C
K
0
F
N
VI
0
O
w
w
m
V
d
d
2
a
0
❑
u
0
O
at
a
Cc
N
C
LL
C,
s
r<v
co co
w
w
an
CO
CD
w
w
CV
O
W
w
O
w
N
M
w
V)
O
N
O
CJ
Vi
w
w
to
O
w
w
d
2
0
N
C
N
LL
6
mo ^
cp
C
CO
N
C W
C
CD
N N
K4-
$
f v
d
E
O
N
C
C
LL
N
L (O
0 CO
C
C
N
0.)Q)
C
0CZ 0
0 a0
H
co
CO
m
a
m
S
C
a
C
a
9
C
c ic
LL a
LL
co
'0
9 IL a y.•• y Q N. 0
Z M n rN co
N
d yC' r h r
C
o o
E L LL..'
a
c w w w w w v. w w fa w w w w w
W
C
CLL
c
d
W
00
to
w
w
os
To
N
w
0
0
•0 Z
M
N 0%
r �
a
C
CV a O
w
VI IA
c
S
d
N F,
c
J «
O C
C
CC
C C
oo.
'N
arc
IA IA w
w
2
LL
N ;L N
m
0.
L
O
N
a
o.
w
w
«
to
,v_
0
N
m
5
w
w
a
a
to
'C
6
w
N
C
O
p
2
cc
c
2
U
w
w
;a". -
a)
O
N
S
O
S
U
w
w
A
O
S
n
U
Or N m< 10 (0 n 03 0 O N CO
n N n n N N N N N N CO W 07 CO
w
w
6'
N.
0
c
D
Q
2
a
a
W
O
r
w
a
co
£
y
C
2
a
CC
a
W
0
4-
w
N
0
2
N
2
C
C
2
w w w
Co
c
E
0
dr
= d
0) E
°
0
C V)
8°a
d =
c c
V, N O
•y C 74
N IL u
m
W .c 0
C)
a
w
N
w
w
w
w
co
cc
9
❑
«
U
w
N
to
0.
c
a`
w
N
m w rn m m m m s
w
w
cow
0)
J
a
m
0)
C
ca
°1
c m
C
O q
d d
'4,
O(
O e
w
w
t0
rn
w
co co
co N N
n
N 0')
w w
S
n
(0
-J
E
0
G a,
W
C
001 m
q
0)
d
p c
m
tD a
N
—
a a
d m
z
w
w
DC
m
c
c N
a W
tda
c
• t.
°O-
cC o
d O
' m
• CO
• o)
at' (oo
% C
N
d
W • ii J
o.
M
a
8
O
I0
'E
P
W
'0
C (p
L 0.
w
m
n
w
0) O
al O
w
o�
CQ
m4
01 m c y m
m m
• d
n E
• N
a
0 a
p g
S y
0'
W
C
u V
LL
N
N
N
a
w
O
PART 3 - DEBT OUTSTANDING, ISSUED AND RETIRED
Please 9nswertheloltowin9 questions by marklpptli the'aPProl atq'boxes,
Yes
f'' b."
3-1
Does the entity have debt?
X
If yes
Is the debt repayment schedule attached? If no, please explain: The entity's debt consists of
developer advances which will be repayed when and if the entity is capable.
X
Please complete the following debt
schedule, if applicable
Outstanding at
beginning of
fiscal year
Total issued
during fiscal year
(add)
Total retired
during fiscal year
(less)
Total
outstanding at
fiscal year end
Governmental
(G) or
Proprietary (P)
General Obligation Bonds
$ -
$ -
$ -
$ -
Revenue Bonds
$ -
$ -
$
$ -
Notes/Loans
$ -
$ -
$ -
$
Developer Advances
$ 268,390
$ 33,753
$ •
$ 302,143
O
Developer Advances
$ 291,094
$ 80.472
$ -
$ 371,566
P
Other (specify): Interest on developer adv.
$ 27,461
$ 27,392
$ -
$ 54,853
P
Total
$ 586,945
$ 141,617
$ -
$ 728,562
- ...
Please pnswertl'relolowing queetioniWinarkla5'in theiapProPriate boxes +fn.+s4 ' .N.. `.i
4 Yee"'.
3-2
Does the entdy have authorized, but unissued debt?
X
If yes.
How much?
$ 2,318,000,000
X
Date debt was authorized:
11/2/2004
(2009)7
3-3
Does the entity intend to issue debt within the next calendar year
If yes:
How much? I $
-
Please'ali$wer the4bllowid9'iguestion by malidng in ,tti`e"approptiaie'.b'eses. 3,.x.!s+' 1e WP Yee,* ::. '' .N.is'i
3-4
Does the entity have defeased debt? X
If yes'
What is the amount outstanding? I $
-
14147 aeratleklie tholendwin9"Stres'Baha.by'raaflrfng in the isPeePriaf 905i -es v«' 'Af #airk,:."(
Does the entity have any lease agreements?
a Ypa'AMPL .i=Nui>
X
3-5
If yes:
What is being leased?
What is the original date of the lease?
Number of years of lease?
Is the lease subject to annual appropriation?
What are the entity's annual lease payments?
$
-
PART 4 - CASH AND INVESTMENTS HELD AT END OF FISCAL YEAR I
. '
Pliasa,prdvfila'wtH"eientlty's';Ease"tlepbsitandYhve9trn`eAtb9laAsed a.. re=� ?,a �£r}.w;kj;, ,t
Checking Accounts
, si+r"A1naUht';':-,...,7-44'7.74$1004:,:.'
$ 574
...'_.:
4-1
4-2
Savings Accounts
$
-
4-3
Certificates of Deposit
$
-
$
574.
Total Cash Deposits
_..
$
S
-
Investments (if investment is a mutual fund, please list underlying investments):
4-4
4-5
1
$
-
4-6
$
-
4-7
$ '
-
'" (
Total Investments
Total Cash and Investments
$
574
Please answer the following ;questions'by maikingjnMe appropriate boxes.
.Yes.-
No'
4.3
Are the entity's deposits in en eligible (PDPA) public depository? (Section 11-10.5-101 et. Seq.,
C.R.S.) If no, please explain:
X
PART 5 - CAPITAL ASSETS
Beginning of the
Year
Additions
Deletions
End of Year
Balance
s-1
For Governmental Funds
Land
$ -
$
-
$
-
$ -
Buildings
$ -
$
-
$
-
$ -
Machinery and Equipment
$ -
$
-
$
-
$ -
Furniture and Fixtures
$ -
$
-
$
-
$ -
Infrastructure
5 -
$
-
$
-
$ -
Accumulated Depreciation
$ -
$
-
$
-
$ -
Other
$ -
$
-
$
-
$ -
Total for Governmental Funds
$ -
$
-
$
-
$ -
Beginning of the
Year
Additions
Deletions
End of Year
Balance
5-2
For Proprietary Funds
Land
$ -
5 -
$
-
$
Buildings
$ -
3 -
$
-
$ -
Machinery and Equipment
$ -
$ -
$
-
$ -
Furniture and Fixtures
$ -
5 -
$
-
$ -
Infrastructure
$ 84,404
$ 2,800
$
-
$ 87,204
Accumulated Depreciation
3 -
$ -
$
-
$ -
Other
$ -
3 -
$
-
$ -
Total for Proprietary Funds
$ 84,404
$ 2,600
$
-
$ 87,204
Please:AiH$ti rifle trig&Wihfuesflen g qsby marking in lhdsppYdpriiate baxb's-
:
Yes
5-3
Did the entity inventory the capital assets? (Section 29-1-506, C Rap If no, please explain:
6-1
6-2
If yes:
PART 6 - PENSION INFORMATION
PfatiWAMiTe»YIfleddllewiRlifirdeiUarieWil"faikirig'In the aDPl piidte bdxes+„^', sx 'yir ... ' . AYes'*sre*::
Does the entity have an "old hire" fire pension plan?
Does the entity have a volunteer firemen's pension plan?
Who administers the plan?
Indicate the contributions from:
Tax: (Property, SO, Sales, etc)
State Contribution Amount.
Other: (Gifts, Donations, etc)
What is your monthly benefit paid for 20 years of service per
retiree as of Jan 1st?
$
$
$
$
Yee
Na
PART 7- BUDGET INFORMATION
7-1
e Answorthe following.questtoris by marking tut *lip appropriate boxes
Did the entity file a 2008 budget with the Department of Local Affairs? If no, please explain
If yes.
Please indicate the amount appropriated for each of your funds for 2008
Fund Name
General Fund
Enterprise Fund
Budgeted 2008 Expenditures
$ 150,000
$ 12 800 000
x
PART 8 -TABOR
8-1
P,,iease Answer the followia q}leetlona bymarking inthe'ellp'Ypprtete'boXea
Is the entity in compliance with all the provisions of TABOR? ]State Constitution Article X, Section
20 (5)]? If no, please explain:
Note: An election to exempt the government from the spending limitations of TABOR don not exempt
the government from the 3% emergency reserve requirement. In this case, you should see If the
entity meets this requirement and check yes or no above.
PART 9 - GENERAL INFORMATION
PJOd`kA19st"9britheloll0ii fi stlontbiittifefkut litshhe wito' Nkti'bate 4Md t-"i-
9-1
Is this entity a newly formed governmental entity?
9-2
Is this a metropolitan district?
9-3
Please Indicate what services are provided: Construction, installation, financing and operation of
public improvements, including water, sanitary sewer, drainage facilities. ancillary streets, and
mosquito control.
9-4
Does the entity have an agreement with another government entity to provide services?
If yes:
List the name of the other government entity and the services provided:
X
PART 10 - GOVERNING BODY APPROVAL
We, the undersigned, certify that this Application for Exemption from Audit has been:
Prepared consistent with Section 29-1-604, C.R.S., which states that an application with revenues and expenditures
at least 8100,000 but not more than 5500,000 must be prepared by an independent accountant with knowledge of
governmental accounting.
Completed to the best of our knowledge and is accurate and true.
Reviewed and approved by a majority of the goveming body.
Note: Please list all current members
signatures must be
of the governing body. In addition, original
provided for a majority of those Iiste.
Name (please print or type all current
members of the governing body)
Date Term
Expires
Ori r' a Sign' ; . nle resolution Is attached)
Christopher R. Paulson
May 2012
•
,
2
Joel H. Farkas
May 2010
f 1
s
Toni L. Serra
May 2010
' I QJJ CU
4
Jack E. Reutzel
May 2012
0
5
William V. Hibbert
May 2010
A$ �`���
6
,,,a,-
7
MI
Clifton
Gunderson LLF
Certified Public Accountants & Consultants
ACCOUNTANT'S COMPILATION REPORT
Board of Directors
Resource Colorado Water and Sanitation Metropolitan District
Weld County, Colorado
We have compiled the Application for Exemption from Audit of Resource Colorado Water and
Sanitation Metropolitan District as of and for the year ended December 31, 2008, included in the
accompanying prescribed form in accordance with Statements on Standards for Accounting and
Review Services issued by the American Institute of Certified Public Accountants.
Our compilation was limited to presenting in the form prescribed by the Colorado State Auditor's
office information that is the representation of management. We have not audited or reviewed
the accompanying Application for Exemption from Audit and, accordingly, do not express an
opinion or any other form of assurance on it.
The Application for Exemption from Audit is presented in accordance with the requirements of
the State Auditor's office, which may differ from generally accepted accounting principles.
Accordingly, the Application for Exemption from Audit is not designed for those who are not
informed about such differences.
We are not independent with respect to Resource Colorado Water and Sanitation Metropolitan
District.
Greenwood Village, Colorado
February 27, 2009
PA•mbogr of
Offices in 15 states and Washington, DC
HLB
International
Hello