Tag: Office Of The State Auditor
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RTD has some work to do says the Office of the State Auditor
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The Regional Transportation District needs to make some changes to comply with Colorado financial and reporting requirements, according to a 104-page report from the Office of the State Auditor. For the most part, RTD is in “overall good financial standing based on nine indicators of…
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Over 90% of Colorado school districts meet fiscal health standards
More than 90% of Colorado school districts are meeting the state’s benchmarks for fiscal health, according to an annual analysis released Wednesday. Of Colorado’s 178 school districts, only 17 showed indications of financial stress in 2021, the Office of the State Auditor found. In 2020, 20 districts failed to meet fiscal health benchmarks. In 2019,…
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Audit uncovers numerous issues in Colorado’s veterans service program
Colorado is failing to adequately plan for, supervise and support its veterans service program, according to a performance audit released on Wednesday. As of last year, there were around 388,000 veterans living in Colorado. These veterans rely on state service officers to help them obtain benefits and resources, such as pensions, disability compensation, medical care…
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Audit: Dozens of Colorado’s tax deductions, exemptions are underused
Dozens of Colorado’s tax deduction and exemption programs are being underused, with many having absolutely no use at all, according to a new state audit. The Office of the State Auditor released its fifth annual tax expenditure compilation report on Friday, detailing individual evaluations of 48 tax expenditures, including various tax credits, exemptions and deductions.…