KKTV - Economy - Headlines

Colorado Stimulus Spending Still A Mystery

By: Associated Press
By: Associated Press

Confused about how much economic stimulus money is coming to Colorado and how it will be spent?

So are the people overseeing the $2 billion purse.

A group set up by Gov. Bill Ritter to oversee how state agencies spend stimulus money met for the first time Thursday, and the dozen-member board came up with few answers.

The group will act as auditor for how Colorado spends the money, but it won't decide where stimulus dollars go. That responsibility largely is with the governor.

Instead, the oversight panel will meet over the coming months to make sure dollars are spent as intended and will try to give the public a way to see where their money went.

(Copyright 2009 by The Associated Press. All Rights Reserved.)


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