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May 20, 2013 By Robert Wilder Comments 3
News
09.07.2010
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The City of Santa Fe got some long-awaited good news in the accounting department late last month.
Its annual audit, filed with the federal Office of Management and Budget on Aug. 27, contains no “material weakness” or failures of compliance.
The sparse, almost pro-forma audit gives no clue as to the City Council's recent ethical dilemmas.
Like any organization that receives a significant amount of federal funding, the city is required to report how that money gets spent and accounted for.
In 2009, the city tracked $7.9 million in federal awards, for everything from a $1.2 million grant for “airport improvement” to a $13,000 award for “historic preservation.”
Atkinson & Co. of Albuquerque was the city’s auditor. Last year, the city paid the company $133,000 for similar work.
View the audit by clicking here, or download the PDF by clicking here.
Check Out The City's Federal Audit
Annual report on Santa Fe's spending of federal grant money reveals nothing terribly dirty
By Corey Pein
The City of Santa Fe got some long-awaited good news in the accounting department late last month.Its annual audit, filed with the federal Office of Management and Budget on Aug. 27, contains no “material weakness” or failures of compliance.
The sparse, almost pro-forma audit gives no clue as to the City Council's recent ethical dilemmas.
Like any organization that receives a significant amount of federal funding, the city is required to report how that money gets spent and accounted for.
In 2009, the city tracked $7.9 million in federal awards, for everything from a $1.2 million grant for “airport improvement” to a $13,000 award for “historic preservation.”
Atkinson & Co. of Albuquerque was the city’s auditor. Last year, the city paid the company $133,000 for similar work.
View the audit by clicking here, or download the PDF by clicking here.
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