noncompliance
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Audit finds compliance issues when Colorado spent $26 billion in federal funds in FY2021
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After reviewing the $26.2 billion in federal fund Colorado spent in the 2021 fiscal year, state auditors have uncovered 81 compliance issues and roughly $364,000 in total “questioned costs.” The majority of issues arose out of deficiencies in internal controls, which the Colorado Office of the State Auditor regards as the “least serious level of…


