Date: 01/08/2010

Final
Supplemental Appropriation - Legislative Audits

COMMITTEE ON EXECUTIVE COMMITTEE OF THE LEGISLATIVE COUNCIL

Votes: View--> Action Taken:
Moved to approve the draft bill (see Attachment B)Pass Without Objection



09:08 AM -- Supplemental Appropriation - Legislative Audits

Sally Symanski, Colorado State Auditor, explained that the Office of the State Auditor is requesting a supplemental appropriation in the amount of $130,000 reappropriated funds for fiscal year 2010, the funding for which comes from federal stimulus moneys. She distributed a handout that explains why the bill is necessary and a draft of the supplemental bill (Attachment B). She asked that if the committee decides to sponsor the legislation that it be expedited because the Office of the State Auditor would like to begin work on the fiscal year 2010 financial audits in February.

0108AttachB.pdf

Representative Weissmann asked whether the federal funds are specifically earmarked for audits. Ms. Symanski explained that one-half percent of federal stimulus funds granted to states may be used for oversight, and in Colorado, the Governor has determined that a portion of that will be used for state audits. She further explained that the fund is part of the total stimulus funding for the state, not in addition to the stimulus funding. A conversation ensued between Ms. Symanski and Representative Weissmann on how the one-half percent is to be allocated. Representative Weissmann asked if it would be possible to set aside money for future fiscal years. Representative May explained that typically states lose federal grant moneys that are not expended during the fiscal year for which they were appropriated.


BILL:Supplemental Appropriation
TIME: 09:14:40 AM
MOVED:Morse
MOTION:Moved to approve the draft bill (see Attachment B) for introduction as an Executive Committee bill, with the Majority Leaders of both houses as the sponsors. The motion passed without objection.
SECONDED:Shaffer B.
VOTE
May
Morse
Penry
Excused
Weissmann
Shaffer B.
Carroll T.
Final YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection




09:15 AM

The committee agreed that the bill would originate in the House of Representatives.