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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />2.12 Performance Audit Recommendations <br /> <br />In February 1993, the Office of the State Auditor completed its performance audit of the <br />Colorado Water Conservation Board's Construction Fund as requested by the Department of Natural <br />Resources. The audit was conducted pursuant to Section 2-3-103, CRS, which authorizes the State <br />Auditor to conduct performance audits of state agencies. Seven recommendations were made in the <br />areas of project planning, financial planning, and administration ofthe project approval process. A <br />general overview of action taken in response to the performance audit recommendations is <br />summarized in the following table. <br /> <br />CWCB FY97 Annual Report, page 13 <br />