LINCOLN- The State Auditor's Office released a report on Tuesday that shows more than $21 billion in errors on the state's end-of-the-year financial report. Because of this, the office made an extremely rare decision to put a disclaimer on the Comprehensive Annual Financial Report as auditors could not verify the accuracy. The problem came from the state's accounting process, not a mismanagement of funds.

“We didn’t see big issues with money missing or fraud,” Assistant Deputy Auditor Craig Kubicek said. “But when the state doesn’t get a clean audit opinion, it’s a big deal.”

The letter showed that the accounting division made 52 major errors including mostly errors in financial statement entries, footnote disclosures and others. The total is particularly concerning because the auditors only checked a sample of transactions, meaning the actual total is most likely much higher. Governmental accounting standards were not met whatsoever. Tax dollars were not a part of these errors.

Many of the people dealing with the $900 million from the federal government were very new and are taking this experience as a learning opportunity. The auditor's office is also concerned about the financial statements from the unemployment insurance fund and about DHHS accounts.

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