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Complainant says Montoya mixed personal funds with campaign accounts; board hears exhibit walkthrough

Santa Fe Campaign Ethics Board · August 12, 2026
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Summary

Dr. Benonado presented campaign finance exhibits alleging that David Montoya used personal credit cards and checks for campaign expenditures, reported loans that do not match deposits and failed to preserve required receipts; Montoya acknowledged mistakes but denied fraud.

The complainant walked the board through campaign finance reports and highlighted multiple entries she said were personal expenses submitted as campaign expenditures: personal credit card charges, an unidentified Capital One card, loan repayments to Montoya and purchases of tangible goods (sound equipment, cooler, truck parts) she said should have been accounted for. She told the board that, based on her summary, roughly $14,000 of campaign spending was paid from personal accounts and that records required by code had not been produced on demand.

Montoya told the board he "made some honest mistakes" and that many expenditures were for campaign purposes; he disputed characterizations of fraud. Counsel and the chair guided the proceeding toward evidence the board would consider for the two core allegations: sign placement and whether campaign finance rules were violated. Complainant cited specific code sections and requested fines; the board will consider those claims in executive session.