LINCOLN- The State Auditor’s Office has put a disclaimer on Nebraska’s end-of-the-year financial report for a second straight year after finding errors totaling $10.5 billion.

A recently released letter addressed to the governor and speaker of the Legislature highlighted the fear of the report's accuracy.

In the letter, Assistant Deputy State Auditor Kris Kucera said auditors had proposed more than 110 adjustments to the Financial Report for the fiscal year that ended June 30, 2021.

But the letter said the state could not show that its accounting and oversight processes were good enough to ensure that other major errors had been caught and that the rest of the financial report was accurate.

The letter summarized more than $4.3 billion worth of errors, requiring 115 adjustments. It said there were another $6.2 billion in errors that did not require formal adjustments, bringing the total to more than $10.5 billion.

In the previous year, DAS listed 52 errors that year amounting to more than $21 billion.

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