Content Tagged As audit

1 year 3 months ago

Audit finds issues with Colo. rebate program

DENVER (AP) - Colorado auditors say the state has inaccurately administered a rebate program that helps low-income seniors and disabled residents with their property taxes, rent, and heating bills. An audit released Monday found that the state Department of Revenue sometimes underpaid, denied, or issued rebates to residents who were...

1 year 4 months ago

Senators want Newtown donations audit

NEW HAVEN, Conn. (AP) - Connecticut's U.S. senators are calling for an independent audit of more than $11 million in donations received in response to the Newtown school shooting to determine what donors wanted done with the money. The Newtown-Sandy Hook Community Foundation released a plan this week to give...

1 year 5 months ago

City Council weighs recreational pot vote

COLORADO SPRINGS - Medical marijuana stores have been selling cannabis in Colorado Springs for about four years. Like other businesses in town, they pay taxes and licensing fees. This summer, City Council will decide whether to expand the local industry to include recreational marijuana businesses. Advocates like Bob Wiley...

1 year 6 months ago

Gurule says state embellished audit

PUEBLO - When parole officers relocated some 60 offenders from the Community Corrections Services Inc. (CCSI) facility in Pueblo last Friday, owner Al Gurule told News 5 at the time that he had simply decided not to renew his contract. Then on Monday, we discovered a report by state...

3 years 4 months ago

Audit: Carson nutrition center handled properly

FORT CARSON, Colo. (AP) - A Defense Department audit says Fort Carson and the Army Corps of Engineers properly handled planning and reporting on an $11.5 million project to repair the post's Nutrition Care Division building. The Defense Department inspector general released a report Friday saying officials couldn't provide documentation...

3 years 4 months ago

Audit of Colo. utilities commission approved

DENVER (AP) - Colorado lawmakers unanimously approved an audit of the state's Public Utilities Commission over how the agency has handled decisions affecting energy, taxicab and telecommunication companies. The Legislative Audit Committee voted Monday to go ahead with a performance audit of the PUC that will look at whether...

3 years 11 months ago

IRS steps up audits

WASHINGTON (AP) - The Internal Revenue Service is making it riskier to cheat on your taxes. The tax agency increased the number of returns it audited by nearly 11 percent this year. Statistics released Wednesday show that wealthy taxpayers were most likely to be targeted. In all, the IRS...

4 years 1 week ago

Audit critical of Pueblo mental hospital

After the death of a the third patient there in less than a year, and the fourth in two years, the state's Department of Human Services said the Colorado Mental Health Institute at Pueblo needed scrutiny. The state hired three industry experts, and their report says the hospital needs...

4 years 6 months ago

State treasurer addresses Chavez concerns

In light of the scathing audit on the Cesar Chavez School Network, Pueblo City Schools has big concerns about Cesar Chavez Academy's debt. On Wednesday, the state treasurer traveled to Pueblo to address those concerns. Cary Kennedy says the academy owes nearly $15.7 million in bonds, which were used to...

4 years 6 months ago

Pueblo charter schools facing probation

Wednesday afternoon, the Pueblo City Schools board voted to put Cesar Chavez Academy and Dolores Huerta High on probation. The reason goes back to a state audit which criticized the school's former leaders, Lawrence and Annette Hernandez for wasting taxpayer dollars. Once the schools are served with the probation notice,...

4 years 6 months ago

Cesar Chavez founders rip audit that ripped them

Cesar Chavez Founders Lawrence and Annette Hernandez say they are "outraged and highly offended by the irresponsible conclusions and unwarranted personal attacks" leveled against them after the audit of the Cesar Chavez School Network was released last week. They argue that the audit was really a "review," since the...

4 years 6 months ago

Consumer rules, Fed audit next on Senate agenda

Disputes over consumer protections and how Congress should oversee the Federal Reserve loom as obstacles to the Senate's efforts to rein in Wall Street. Republicans have offered a weaker alternative to consumer protection measures that are central to President Barack Obama's Wall Street regulation plan. And a bipartisan group...

4 years 6 months ago

State audit slams Cesar Chavez School Network

The Colorado Department of Education has released findings of an audit on the Cesar Chavez School Network--and the results are very unfavorable. In a news release sent out Wednesday morning, the Commissioner of Education Dwight D. Jones says he's concerned about the network's "egregious financial practices and dubious leadership." "The...

4 years 7 months ago

Taxpayers got even bigger windfall from Fed

A new report shows taxpayers got a record $47.4 billion last year in earnings from the Federal Reserve. The payment to the Treasury Department is slightly higher than the $46.1 billion first estimated in January. The new figure is based on more complete information contained in audited financial statements for...

4 years 9 months ago

Parents accuse school district of nepotism

Several parents and a school district insider say they want an outside audit of the Ellicott School District administration. Accusations of nepotism over the past 6 months, have led to concerns involving the district's budget. Carey Adams raised questions in October after finding a district financial error involving her son....

4 years 9 months ago

Audit finds US census preparations wasted millions

A new audit finds that the Census Bureau wasted millions of dollars in preparation for its 2010 U.S. population count, including thousands of temporary employees who picked up $300 checks without performing work and others who overbilled for travel costs. Federal investigators caution the excessive charges could multiply once the...

4 years 10 months ago

CU auditing employee benefits plans

The University of Colorado has hired a contractor to audit its employees' benefits plans and check that ineligible dependents aren't claiming perks like health and dental insurance. CU system chief human resources officer Jill Pollock says the audit should take about five months and could save the university $2 million...

5 years 2 months ago

House pushes for sweeping audit of the Fed

House lawmakers are trying to pry open the books of the famously secretive Federal Reserve with legislation that would subject the central bank to a sweeping congressional audit. The effort is overwhelmingly bipartisan. Hardline conservatives and liberal Democrats have banded together in their criticism of the Fed as a major...

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