Lawmakers: State Withheld Budget Figure On Energy'
From Sunshine Review
February 3, 2009
[edit] Lawmakers: State Withheld Budget Figure On Energy
"The Department of Natural Resources told lawmakers in 2007 that developing state oil and gas regulations could cost less than $7,000 the first year, while an internal department estimate put the cost of implementing the regulations at more than $1 million, according to documents obtained by The Associated Press.
The $7,000 estimate appeared in a February 2007 financial statement given to lawmakers as they deliberated the cost of enforcing a new regulatory regime affecting the energy industry.
Rep. Frank McNulty, R-Highlands Ranch, and Sen. Greg Brophy, R-Wray, questioned the estimate. They and eight other Republican legislators asked state auditors to check it. Auditors concluded the $6,840 cost was "reasonable" -- but were not given a department document containing the higher estimate."
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