My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Report of the State Auditor 1993
CWCB
>
Publications
>
Backfile
>
Report of the State Auditor 1993
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/26/2010 3:55:23 PM
Creation date
9/30/2006 10:13:49 PM
Metadata
Fields
Template:
Publications
Year
1993
Title
CWCB CF Performance Audit Report of the State Auditor February 1993
CWCB Section
Finance
Author
State Auditor
Description
Performance Audit February 1993
Publications - Doc Type
Other
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
42
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
<br />Report of The Colorado State Auditor <br /> <br />29 <br /> <br />Currently, construction has <br />not started on 11 projects <br />authorized for a total of <br />$22 million prior to 1988. <br /> <br />Construction has not started on 11 projects that <br />, were authorized for a total of $22 million prior <br />to the 1988 'legislative session. This means <br />that $22 million has been unavailable for <br />funding other projects for four or more years. <br /> <br />Construction Fund Monies Need To Be Monitored <br />Better <br /> <br />Construction Fund monies may not always be available to benefit other or more <br />important projects because projects are not de authorized in a timely manner. For <br />example. monies appropriated to agencies from the state capital construction fund <br />which are not used or encumbered within a three-year period revert to the state <br />capital construction fund. This allows the General Assembly to ensure that funds <br />are used in the most efficient manner. <br /> <br />In the current fiscal environment, there may be <br />The General Assembly less monies available. It is important for the <br />needs to be kept informed. Board to encourage the use of Construction <br /> <br />Fund monies in the most efficient manner. <br />Also, the General Assembly needs to be kept informed about the status of projects <br />it authorizes. <br /> <br />Recommendation No.5: <br /> <br />The Board should improve its monitoring of project sponsors by: <br /> <br />a. Contacting project sponsors at least annually after authorization of funds <br />to determine if project sponsors plan to proceed with the projects. <br /> <br />b. Documenting the responses from project sponsors, including requests to <br />de authorize projects. <br /> <br />c. Reporting the results of the contacts to the General A~sembly on an <br />annual basis. <br />
The URL can be used to link to this page
Your browser does not support the video tag.