State of Montana, Environmental Quality Council Report On Examination of Financial Statements : Two Fiscal Years Ended June 30, 1983 1983

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This information has been subjected to the auditing procedures applied in the examination of the basic financial statements and, in our opinion, is fairly stated in all material resi«cts in relation to the basic financial statements taken as a whole.
KnroRED HOLLAND & CO.
Certified Public Accountants -6- ENVIPONMENTAL QUALITY COUNCIL COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS JUNE 30, 1983 ASSErS ; Governmental l'\ind Types General Fund Special Revenue Fund Aspount Groups Caenerar... Fixed TVssets /^counts receivable Equipment AiTcunts available to pay accounts payable and accrued ex[jenses 'Itital Assets $ 15 26^,742 $ 14,930 $ 14, 9 J O L1ABILITI_ES ANDJTUrro ^EQUITY; Liabiliti_es: Accounts [jayalDle ixie to State of Montana I'otal Liabilities 26,743 15 26,758 Fund Equity: Investnent in general fixed assets Fund balajice 'I'otal Lied^ilities and Fund Equity $ 26,758 $ 14,930 $ 14,930 The acccniiianying notes are an integral part of these statements.
-7- ENVIKDNMENTAL QUALITY COUNCIL STAIEMENT OF REVENUE, EXPENDITUEES , AND CHANGES IN FUND BALANCE ~ BUDGET AND ACTUAL GENERAL FUND AND SPECIAL REVEInIUE FUND FOR THE FISCAL YEAR EIvIDED JUNE 30, 1983 General Fund Special Revenue Ftuid Budget Actual Variance Budget Actual Variance Revenues: Contributions $ 10,000 $ 2,000 $ (8,000) Expenditures : Environnental Quality Program $ 200,048 $ 197,236 $ 2,812 10,000 7,000 3,000 Excess current revenue over (under) current expenditures (200,048) (197,236) 2,812 (5,000) Other financing sources: Support fron the State of Montana 200, 048 197.

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