State Auditor Tim Keller released a financial health report card of sorts for New Mexico state and local government. The attempt is to provide a financial health report card of sorts for New Mexico state and local government. Keller said in a statement that the new, annual Findings Report is meant to make the complex subject of financial audits of public agencies “more transparent to the public, legislators and oversight bodies.”
Public entities are required to conduct and release annual audits. And while the bulk of public agencies are handling their money well, Keller said a few “are not up to par and need to address weaknesses in their financial controls immediately.”
These include five state agencies that made material misstatements—or financial reports that don’t follow adequate auditing protocol—or “undetected” misstatements. Among those five agencies is the New Mexico Secretary of State, where embattled Dianna Duran is facing criminal charges for allegedly abusing her campaign money for personal purposes.