| OCR Text |
Show BALANCE SHEET - GENERAL FUND UPPER COLORADO RIVER COMMISSION June 30, 1963 ASSETS CASH Office cash fund $ 25.00 Demand deposit - First National Bank in Grand Junction, Colorado 52,182.22 $52,207.22 OTHER ASSETS - returnable deposit United Air Lines 425.00 PREPAID EXPENSE - unexpired insurance premiums 236.46 $52,868.68 LIABILITIES, RESERVES, AND FUND BALANCE ACCOUNTS PAYABLE For supplies and expenses $ 1,262.40 RESERVE For fiscal year 1964 assessments received in advance 11,601.75 UNAPPROPRIATED FUND BALANCE Balance July 1, 1962 $18,884.12 Less excess of receipts over expenses for fiscal year ended June 30, 1963 21,120.41 Balance June 30, 1963 40,004.53 $52,868.68 Note - At June 30, 1963, unrecorded liability of the Commission to its full-time employees for accrued annual leave amounted to $3,960.75. According to Commission policy (effective July 1, 1960) each employee is expected to take annual leave of 15 days each calendar year during which period of time regular salary payments are continued. Employees may accumulate a maximum of 30 days annual leave. 76 |
