Rocky Mountain Voice

Tag: Office Of The State Auditor

Colorado’s contract reports were off by as much as $2.1 billion. The next is due Sept. 30
Rocky Mountain Voice, State, Top Stories

Colorado’s contract reports were off by as much as $2.1 billion. The next is due Sept. 30

By Shaina Cole | Contributing Writer, Rocky Mountain Voice By Sept. 30, Colorado's Department of Personnel and Administration is due to produce its annual tally of contracts covered by the state Procurement Code — the number awarded, the initial dollar amounts recorded, and the share that went to service-disabled veteran-owned small businesses.  The last three tallies were wrong by hundreds of millions to billions of dollars, the state auditor has found. And this year, the department has said it does not plan to send the report to lawmakers at all. The Office of the State Auditor laid it out in Report 2556P, a performance audit of the state's contracting goal for service-disabled veteran-owned small businesses, released in May.  The audit's stated purpose was to f...
Cherry Creek, Poudre among Colorado districts flagged for draining reserves
Rocky Mountain Voice, State, Top Stories

Cherry Creek, Poudre among Colorado districts flagged for draining reserves

By Shaina Cole | Contributing Writer, Rocky Mountain Voice For years, the story of a Colorado school district in fiscal trouble has looked the same. Small. Rural. A few hundred students on the plains or up a mountain valley, squeezed by declining enrollment and a thin local tax base. This year the Office of the State Auditor put three very different names on that list: Cherry Creek, Colorado Springs 11, and Poudre. Three of the largest, most visible districts in the state, each newly flagged after missing two benchmarks tied to operating margins and a shrinking fund balance. The report, dated July 30, tracks the financial health of all 178 Colorado school districts across the three years ending June 30, 2025. It runs six ratios against each district. Miss two or more and you l...