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 panel will make sure dollars are spent as intended. The job is huge.
“We’re going to be chasing a dog that’s running fairly rapidly,” conceded Don Elliman, Colorado’s economic development director and chairman of the oversight board, appointed by Ritter.
