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Audit: Weakness In Hatch Financial Controls

Senator Timothy Keller (D)

  SANTA FE – State Auditor Tim Keller released a forensic audit of the Village of Hatch. The audit examined the finances of the Village during fiscal years 2012 and 2013 to determine if public funds were properly handled. The report identifies weaknesses in financial controls in the Village of Hatch during past years and offers recommendations to protect taxpayers moving forward. 

“The report found that the past administration of the Village of Hatch mishandled taxpayer money. The good news is those practices and people have been replaced. We will continue to work together to implement the financial controls that ensure good government,” stated Keller.

The audit addressed five areas of concern involving the collection of fees, payroll processing, procurement, asset accounting, and the use of permanent funds. After examining each concern, the primary recommendation to the current leadership of the Village of Hatch is to maintain proper internal controls. The Office of the State Auditor says it will continue to work with the Village to achieve the good government practices outlined in the audit.

You can find the complete forensic audit here: http://osanm.org/audit_reports/detail/9326.

Information from State Auditor's office