$1 billion spent without oversight by NM government entities

At a time when the state of New Mexico is some $400 million or more in the hole and lawmakers are contemplating a wide variety of spending cuts to bring the state budget back into the black, State Auditor Hector Balderas has reported that more than $1 billion in state funds has been spent in recent years without the proper oversight and control.

[geez]

they wonder why theirs so much corruption in N.M.theirs not any penalties for failure to report, legislators failure!understand what he means by "at risk".any one can help themselves to free tax payers money.

[elkstine]

What good would penalties do? After all a penality would be paid with our tax dollars. More waste. Jail terms would be better for the person in charge. Still at a cost to the tax payer. But it would send a message to those who want to waste our money. For every agency that has not submitted their account info, no more money for anything, period for 5 years. Now that would send a message.

[Robert T]

Why not disburse funds ONLY after audits are submitted AND approved? DUH!

[Robert T]

Furthermore, why didn't Mr. Balderas and other "in charge" detect this immediately?

Accountability falls on the auditors as well!

[BLOOD ON HIS HANDS]

Just another way of showing that the State of
NM is not being run efficiently, elected officials
are spending way too much time on their own
pet projects or getting elected to other
positions etc (while not earning their paychecks).

If people did this in corporate America they
would be gone.

The other puzzling thing here is that someone
has broken the law yet no one is willing to
take them to task and hold them accountable -
OH YEAH IT'S A LIBERAL IDEA - HOLD NO ONE
ACCOUNTABLE FOR ANYTHING THEY DO OR DON'T DO.

Time to start firing for effect Fat Bill!

[NM Desert Rat]

New Mexico politics as usual. The sad part is we keep voting these idiots back into office.

[SunShine]

geez wrote:

they wonder why theirs so much corruption in N.M.theirs not any penalties for failure to report, legislators failure!understand what he means by "at risk".any one can help themselves to free tax payers money.

California needs to get it's own state in check before making cxomments on another state. I grew up in So.Cal., and I remember when they decided to start off shore drilling. Thank You Ca. for your destruction of so many birds, fish and land.