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New Mexico Political Report
Posted inQuick Reads

State Auditor, treasurer issue joint alert about collateralization of public funds

On Monday, the State Auditor’s Office and State Treasurer’s Office issued a joint alert to all New Mexico counties and municipalities. The required annual audits submitted by counties and municipalities across the state showed that local governments are not appropriately following collateralization laws and Federal Deposit Insurance Corporation guidance, a press release said. “In recent […]