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New Mexico State Auditor Flags 56 Entities for Late Reports

SANTA FE, N.M. (AP) — New Mexico's state auditor is flagging a long list of state agencies and local government authorities for failing to turn in annual audit results on time.

State Auditor Tim Keller announced Wednesday that 56 entities have not submitted audits for the fiscal year ending in June 2015.

Audits are overdue from the New Mexico Department of Homeland Security and Emergency Management and the Department of Public Safety, Cibola and Harding counties, and the cities of Carlsbad and Espanola.

Keller found indications of possible financial misstatements in audit findings for the town of Estancia and Lordsburg Municipal Schools.

Keller said annual audits are a standardized and useful tool for reducing the chances that public funds are misused.