Report of the State Auditor 1993

• 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

STATE OF COLORADO
OFFICE OF STATE AUDITOR
TIMOTHY M. O'BRIEN
State AUditor

REPORT SUMMARY

COLORADO WATER CONSERV A nON BOARD
CONSTRUCTION FUND PERFORMANCE AUDIT
FEBRUARY 1993

Authority, Purpose, and Scope

This audit of the Colorado Water Conservation Board's Construction Fund was conducted at the
request of the Department of Natural Resources and under authority of Section 2-3-103 c.R.S.,
which authorizes the State Auditor's Office to conduct performance audits of state agencies. This
audit was conducted according to generally accepted government auditing standards. Audit work
was performed from November through December4l992. '

The purpose of this report is to' provide the results of the State Auditor's Office review of the
Colorado Water Conservation Board's Construction Fund. As part of this audit, our review
included the following areas:

· Project and activity planning

· Short- and long-term financial planning

· Administration of the project approval process

Our conclusions an~ recommendations and the responses of the Colorado Water Conservation
Board are addressed below, We gratefully acknowledge the cooperation and assistance of the
members of the Board, staff, and others contacted during our review.

Background

The Colorado Water Conservation Board is within the Department of Natural Resources. The
Board is the State's primary water policy and planning agency within the executive branch. The
primary activities of the Board include:

· 'Protecting the State's interests in interstate water issues.

· Evaluating and overseeing state-financed water projects.

· Working with federal agencies to develop water projects.

For furrMr tn/ormanoll Oil rhi.s report, contact the Auditor's Office at [phone].