Santa Fe auditor says full audit would waste money

SANTA FE, N.M. (AP) - Santa Fe might not conduct a full audit after a report found that $30.3 million parks bond was mismanaged.

The Santa Fe New Mexican reports (https://bit.ly/1G6Kg0b) that the city’s internal auditor Liza Kerr said Tuesday such an audit could be a waste of taxpayer money.

Kerr says too many records are missing to conduct a thorough review. She said there is no reason to pay a team “to come in and look at boxes of nothing.”

The bond was supposed to pay for trail and park improvement projects, but many were never carried out or left incomplete.

City officials say they money was managed correctly but have not explained how it was spent.

An accounting firm found several flaws in the city’s spending but only examined half the projects.

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Information from: The Santa Fe New Mexican, https://www.sfnewmexican.com