New Mexico Secretary's Office Addresses Audit Findings and Economic Development Initiatives

February 08, 2025 | Appropriations & Finance, House of Representatives, Committees, Legislative, New Mexico


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New Mexico Secretary's Office Addresses Audit Findings and Economic Development Initiatives
The House Appropriations and Finance Committee meeting held on February 8, 2025, focused on several key issues, including financial audits, salary discussions, and initiatives for tribal consultations and economic development.

One of the primary topics was a material weakness identified in the 2024 audit concerning capital outlay funds. The issue arose from a restatement of $185,000 that had previously been reported as accounts payable but was never paid out. This adjustment was necessary to correct the beginning balance for the current fiscal year. Committee members expressed their understanding of the situation and acknowledged the importance of accurate financial reporting.

The meeting also highlighted the increase in average salaries within the department, which rose from $73,000 in 2020 to $98,000 in 2024. Representatives commended the agency for these salary improvements and inquired about entry-level positions, which start around $55,000.

Another significant discussion revolved around tribal consultations in education. Representatives sought clarification on whether these consultations were organized by the Department of Indian Affairs (IAD) or the governor's office. The secretary confirmed that IAD assists education agencies in these efforts and organizes the annual State Tribal Leaders Summit, which addresses broader topics of interest to tribal nations.

Economic development initiatives were also a focal point, particularly regarding the energy transition and the use of emerging technologies. Concerns were raised about the lack of technical expertise among some tribes, and the secretary noted that while IAD does not have specific initiatives in this area, they work with other agencies to provide support and information to tribal leaders about available funding and technical assistance.

The meeting concluded with discussions on staffing and reclassification within the department. The secretary reported progress in reclassifying positions to better meet the department's needs, emphasizing the importance of effective communication and support for constituents.

Overall, the meeting underscored the committee's commitment to addressing financial accountability, enhancing tribal relations, and fostering economic development in New Mexico. The next steps involve continued collaboration between the department and various agencies to ensure effective implementation of these initiatives.

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