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Bernalillo council approves $851,952.50 in payments; finance director outlines audit timeline
Summary
The Town Council approved $851,952.50 in accounts payable on Aug. 25. Finance Director Terri Gray updated the council on revenue/expenditure figures, the upcoming audit schedule and presented Attachment A containing GRT, enterprise and other financial tables.
The Bernalillo Town Council unanimously approved the accounts payable voucher list for Aug. 25, 2025, totaling $851,952.50.
Mayor Torres called for a motion to approve the voucher list; Councilor Torres-Quintana moved to approve, the motion was seconded and passed by roll-call vote with the three voting members present voting yea.
During the financial section, Finance Director Terri Gray presented Attachment A, a packet of financial materials that included General Fund and Enterprise revenue and expenditure schedules, GRT trend charts and cannabis excise tax receipts. The materials show General Fund revenues budgeted at $12,464,534 with $1,017,218 YTD (8% of year) and General Fund expenditures budgeted at $12,869,557 with $853,228 YTD (7% of year). Enterprise funds and GRT receipts charts were included in the packet.
Gray outlined the town’s audit timeline: auditors will begin work the week of Aug. 29; Gray will be out of the office Aug. 29 through Sept. 4 and expects audit work to continue through December with a submission deadline of the 15th. "We're beginning the audit process and that's going to be continuing through December, our deadline is the 15th," Gray said.
The council did not hold extended discussion on the voucher total or the financial tables; the packet was entered into the record as Attachment A.
What happens next: staff will process the approved vouchers and continue preparation of materials for the audit, which staff indicated they expect to complete in time for the town's stated deadlines.
