New Mexico Register / Volume XXX, Issue 10 / May 28, 2019

Explanatory paragraph: This is an amendment to Paragraph (3) of Subsection B of 2.2.2.9 NMAC, and Subparagraph (f) of Paragraph (2) of Subsection A of 2.2.2.10 NMAC, effective 5/28/2019. These amendments remove references to the “vendor schedule”, “fund balance form”, and “GASBS 77 disclosure template” that were inadvertently not removed from 2.2.2 NMAC in the amendments published on 3/12/2019. These items were determined to no longer be required via the Office of the State Auditor’s 2019 public hearing, public participation, and public comments process. No other subparagraphs, paragraphs, subsections were published in Sections 9 and 10 as there were no other changes to 2.2.2 NMAC.

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Paragraph (3) of Subsection B of 2.2.2.9 NMAC:

(3) IPAs are encouraged to deliver completed audit reports before the due date. The OSA shall review all audit reports submitted by the report due date before reviewing reports that are submitted after the report due date. Once the review of the report is completed pursuant to Subsection A of Section 2.2.2.13 NMAC, and any OSA comments have been addressed by the IPA, the OSA shall indicate to the IPA that the report is ready to print. After the OSA issues the “ok to print” communication for the audit report, the OSA shall authorize the IPA to submit the corrected report with the following items to the OSA within five business days; an electronic searchable version of the audit report labeled “final”, in PDF format, an electronic excel version of the summary of findings report, [an electronic excel version of the vendor schedule, an electronic excel version of the completed fund balance form, an electronic excel version of the GASBS 77 disclosure template, if applicable,] an electronic excel version of the indigent care schedules for hospitals, if applicable, and an electronic excel version of the schedule of asset management costs for investing agencies, if applicable (all available at www.saonm.org). The OSA shall not release the report until the searchable electronic PDF version of the report and all required electronic excel schedules are received by the OSA.

[2.2.2.9 NMAC - Rp, 2 2.2.9 NMAC, 2/27/2018; A, 3/12/2019; A, 5/28/2019]

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Subparagraph (f) of Paragraph (2) of Subsection A of 2.2.2.10 NMAC:

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[(f) The agency shall prepare a schedule of vendors using the form and instructions available on www.saonm.org, for procurements exceeding sixty thousand dollars ($60,000) (excluding gross receipts tax) that occurred during the audited fiscal year.]

[2.2.2.10 NMAC - Rp, 2.2.2.10 NMAC, 2/27/2018; A, 3/12/2019; A, 5/28/2019]

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