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Recovery Act job-creation math doesn't add up in Colorado
written by Burt Hubbard and Miles Moffeit and posted by: Colleen Locke , Producer  
created: 10/31/2009 10:16:53 AM
Last updated: 10/31/2009 10:28:20 AM
DENVER - The federal government reported Friday that Colorado created or saved 8,094 jobs through grants, loans and contracts funded by the American Recovery and Reinvestment Act.

Problem is, the figure is wrong, according to an analysis of recovery.gov data by The Denver Post.


Although a Colorado Springs Head Start program reported it had created or preserved 269 jobs, the real number was three, according to an interview with a program manager. And although the largest private contract in the state funded with stimulus dollars was estimated at $166 million, the number was off by tens of millions, apparently because of a data-entry error, contract information shows.



Despite the government's bid to provide unprecedented details of spending, figures for stimulus awards in Colorado, as with an earlier data release, are inconsistent, inaccurate or incomplete so far.



"You've got compliance issues and you have data-quality issues," said Michael Balsam, an executive with Onvia, a Seattle company tracking stimulus spending.



"The numbers are all over the map," according to an analysis of the Coalition for an Accountable Recovery.



Federal and state officials have been hailing a new era of transparency through the $787 billion spending plan, signed by President Barack Obama in Denver last spring. But because the disclosure process is still new and untested, inaccurate information must be revised as the process is improved, they acknowledged.



"The governor's office is reviewing the data released today by the federal government," said Don Elliman, chairman of the state's economic recovery board. "Is the accounting of the spending and jobs perfect? No. More than 100,000 recipients submitted information to the federal government. There are going to be some mistakes. But we are confident that the process will improve."



Click here for a rundown of the latest reported numbers as analyzed by The Post.




(Copyright KUSA*TV/Denver Post, All Rights Reserved)

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