ALBUQUERQUE BERNALILLO COUNTY
WATER UTILITY AUTHORITY
BILL NO. R-26-1
RESOLUTION
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Acknowledgement of the FY2025 Audit and the Annual Comprehensive Financial Report for the Fiscal Years Ended June 30, 2025, and 2024
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WHEREAS, the Albuquerque Bernalillo County Water Utility Authority (Water Authority) is required by statute to contract with an independent auditor to perform the required annual audit or agreed upon procedures for Fiscal Year 2025; and
WHEREAS, the Water Authority has directed the accomplishment of the audit for FY2025 be completed; and
WHEREAS, this audit has been completed and presented to the Water Authority Board per the December 17, 2025 letter from the State of New Mexico Office of the State Auditor authorizing release of the FY25 audit; and
WHEREAS, NMAC 2.2.2.10 (M)(4) provides in pertinent part that “Once the audit report is officially released to the agency by the state auditor (by a release letter) and the required waiting period of five calendar days has passed, unless waived by the agency in writing, the audit report shall be presented by the IPA, to a quorum of the governing authority of the agency at a meeting held in accordance with the Open Meetings Act, if applicable”; now
BE IT RESOLVED BY THE WATER AUTHORITY:
The Water Authority Board accepts and approves the completed audit report and findings as indicated within this document.