N.M. Admin. Code § 3.6.50.9
Current through Register Vol. 35, No. 21, November 5, 2024
Section 3.6.50.9 - FINANCIAL REPORTSA. Subsection F of Section 6-6-2 NMSA 1978 requires periodic financial reports of all local public bodies. Section 6-6-3 NMSA 1978 requires that every local public body shall make all reports as may be required by the local government division.B. Every county shall file a financial report on a quarterly basis with the local government division. The first quarter is from July 1st to September 30th; the second quarter is from October 1st to December 31st; the third quarter is from January 1st to March 31st and the fourth quarter is from April 1st to June 30th. The reports are due at the local government division no later than thirty days following the end of the quarter.C. The local government division may grant a county's written request, if warranted, an extension for filing the quarterly financial report.D. Monthly financial reports shall be submitted to the county commission and may be requested by the local government division.E. Quarterly financial reports shall be submitted on the prescribed local government division format, unless the local government division approves submission of similar data hand written, typed or using the county's current software program.F. The treasurer's office should work cooperatively with the county managers office or county finance department to ensure that reports are submitted accurately and timely. The reports must include the signatures and titles of the individuals who prepared the reports.G. Instructions and sample reporting formats of the quarterly financial reports are available in the local government divisions budgeting and financial accounting manual for local governments.N.M. Admin. Code § 3.6.50.9
7/15/98; Recompiled 10/01/01