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New Mexico is billing cities and counties amid a growing clash over a health insurance fund

A legal clash is brewing as the state of New Mexico sends a bill to cities directing them to pay extra to help backfill a massive deficit in the state s ....

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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 […] ....

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