Here’s the quick-take summary of the latest findings:
Although the Colorado Energy Office (CEO) has made significant improvements in several key areas related to its core functions since the 2012 performance audit, additional improvements could be made to better ensure expenditures are properly approved and supported and contract monitoring activities provide maximum value to the State.
…And here’s some background from the Denver Business Journal’s Cathy Proctor:
In 2012, an audit by the Colorado Office of the State Auditor, found “significant deficiencies” in the agency’s record-keeping practices. Because of the deficiencies, the office was “unable to demonstrate that its 34 energy programs are cost-effective,” according to the auditor’s office at the time.
Tuesday, the auditor’s latest report said the energy office has tightened its management of programs and personnel, but the office still had problems ensuring the employees complied with the new oversight policies.
As noted by Proctor:
The office focuses on the use and expansion of energy-efficiency, renewable-energy and fossil fuels in the state. Recent programs have focused on energy efficiency in homes, schools and agriculture, promoting alternative transportation fuels for transportation, and financing mechanisms for these areas.
Since its establishment in 1977 as Colorado’s Office of Energy Conservation, the agency has gone through a number of different iterations in name and mission.