Albuquerque Bernalillo County Water Authority - File #: C-19-29

• File #: C-19-29
• Version: 1
• Type: Communication
• Status: Approved
• File created: 8/14/2019
• In control: Albuquerque Bernalillo County Water Utility Authority
• On agenda: 8/21/2019
• Final action: 8/21/2019
• Title: Approval of the Fiscal Year 2019 Annual Inventory Certification
• Sponsors: Albuquerque Bernalillo County Water Utility Author

Date	Ver.	Action By	Action	Result
8/21/2019	1	Albuquerque Bernalillo County Water Utility Authority	Approved	Pass

t

Approval of the Fiscal Year 2019 Annual Inventory Certification

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In accordance with 2.2.2.10(W)(2) New Mexico Administrative Code (NMAC), the Water Authority shall conduct an annual physical inventory of movable equipment on the inventory list at the end of each fiscal year in accordance with the requirements of The Audit Act (12-6-10 NMSA 1978).  According to Section 12-6-10 NMSA 1978, upon completion of the physical inventory count, the inventory shall be certified by the governing authority to comply with this requirement. Staff has verified the correctness of the inventory.

RECOMMENDATION:

Staff recommends the Water Authority Board certify for verification purposes the Fiscal Year 2019 physical inventory counts.

FISCAL IMPACT: 

None.