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NM Auditor Faults State Agency

State Auditor Hector Balderas says he's concerned about financial oversight of state-approved charter schools by the Public Education Department.

Balderas on Monday ordered the agency to prepare plans for correcting problems identified in a financial audit of the department and charter schools.

The department has until Aug. 5 to submit proposed corrective actions.

The department's audit for the 2012 budget year was released by Balderas, who said he was troubled by the number of potential problems. Those ranged from poor financial record-keeping by some state-approved charter schools to procurement violations at the department such as services continuing after a contract expired.

A department spokesman said the agency will work with Balderas' office on issues raised in the audit.

Copyright 2013 The Associated Press.