The city’s finance director said several “significant challenges” have plagued an annual external audit of city finances, forcing a monthslong delay of the report, which still has not been finalized.
A comprehensive annual financial report being reviewed by an Albuquerque auditor for the fiscal year that ended last June originally was expected to be delivered to the State Auditor’s Office in December.
But the city’s new external auditor has filed for two extensions — one that pushed the deadline back to February and the latest through mid-April. Finance Director Adam Johnson this week flagged various factors on the city side as responsible for the audit’s “late status” and…
