MAKE IT THREE YEARS IN A ROW FOR THE BERNALILLO COUNTY TREASURER’S OFFICE. TREASURER NANCY BEARCE SAYS HER OFFICE HAS RECEIVED A CLEAN AUDIT, MEANING THE COUNTY’S COST OF BORROWING REMAINS LOW. THE AUDIT WAS CONDUCTED BY AN INDEPENDENT FIRM BASED IN NEW MEXICO.
IT REVIEWED THE COUNTY’S INVESTMENT POLICY AND COMPLIANCE WITH THE RULES. THE AUDIT FOUND ALL CONTROLS WERE FUNCTIONING PROPERLY AND PROCEDURES WERE FOLLOWED.
ADDITIONALLY, THE COUNTY RECENTLY RECEIVED A ”TRIPLE A” BOND RATING FROM THE VARIOUS RATINGS SERVICES.
