Denver Gazette: Time to get state’s financial house in order

Mar 22, 2021

“There is so much bad behavior right now by our state leaders, I could fill 20-plus columns. I’m frustrated, and just plain mad. Colorado is not OK.

It’s time to shout from the mountain tops. It’s not right. It’s outrageous and it’s not fair.

Last week, the state auditor released a new report of the Colorado Unemployment Insurance Fund. It’s bad. The state cannot account for the number of receivables and payables within the Unemployment Insurance (UI) Fund, totaling $510 million and $872 million, respectively. The receivable balance includes potential overpayments and covers 54% of the total assets of the UI Fund. In other words, financials cannot be verified.”

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