SENATE BILL 1124

48th legislature - STATE OF NEW MEXICO - first session, 2007

INTRODUCED BY

Phil A. Griego

AN ACT

MAKING AN APPROPRIATION TO THE STATE AUDITOR FOR OPERATIONAL EXPANSION.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     Section 1. APPROPRIATION.--

          A. The following amounts are appropriated from the general fund to the state auditor for expenditure in fiscal year 2008 for the following purposes:

                (1) one hundred twelve thousand dollars ($112,000) to hire two full-time-equivalent criminal investigators for fraud and special audits;

                (2) two hundred thirty-eight thousand two hundred dollars ($238,200) to hire two full-time-equivalent audit managers;

                (3) two hundred ten thousand one hundred dollars ($210,100) to hire two full-time-equivalent audit supervisors; and

                (4) seventy-five thousand dollars ($75,000) to open a satellite office in Albuquerque.

          B. Any unexpended or unencumbered balance remaining at the end of fiscal year 2008 shall revert to the general fund.

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