CO energy office plagued by sloppy accounting
Colorado's embattled energy development office is plagued by misspending, sloppy accounting and high turnover. That's according to a blistering state audit released Tuesday.
The audit blasts the Colorado Energy Office for not keeping track of travel expenses and contracts and for not following up to make sure projects were completed. The audit says that the agency can't demonstrate that $252 million spent over the past six years was spent cost-effectively. Much of it was federal stimulus money.
The energy office was created in 1977 to promote energy conservation. The office took on new significance under former Democratic Gov. Bill Ritter, who focused on renewable energy development. Last year the office added traditional sources of energy to the office, including oil and gas and coal.
Copyright 2012 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
The following are comments from our users. Opinions expressed are neither created nor endorsed by KJCT, its web masters or its television management. Comments are moderated by the community. To report an offensive or otherwise inappropriate comment, click the "Flag" link that appears beneath that comment. Comments that are flagged will alert our editorial staff.