VILLAGE OF PECOS

PECOS, NM – The Village of Pecos is pleased to announce the successful completion of its 2023 Fiscal Year Audit, marking a significant milestone in financial stewardship and accountability.

The audit, conducted by Southwest Accounting Solutions, LLC, yielded exceptional results, reflecting the Village’s commitment to transparency, responsible financial management, and adherence to the highest standards of governance. The comprehensive examination of the Village’s financial records showcased the prudent use of resources, accuracy in financial reporting, and compliance with applicable laws and regulations.

Key highlights of the audit include:

1. **Prudent Financial Management:**The Village of Pecos demonstrated astute fiscal responsibility in managing resources efficiently by issuing purchase orders and purchase requisitions for all purchases requiring these documents, ensuring optimal utilization for the benefit of the community.
2. **Accurate Financial Reporting and Bank Reconciliations:**Bank reconciliations were completed within fifteen days from the end of the previous month.  The accuracy of financial statements is a testament to the Village’s commitment to providing stakeholders with reliable and transparent information about its financial position.
3. **Compliance with Procurement Regulations:** The auditors reviewed the bank reconciliations to determine accuracy and timeliness. The audit confirmed that the Village of Pecos adhered to all relevant laws, regulations, and financial reporting requirements, showcasing a commitment to ethical practices and governance.

The positive outcome of the 2023 Fiscal Year Audit underscores the dedication of the Village of Pecos to maintaining a strong and sustainable financial foundation. The results not only instill confidence among residents, businesses, and investors but also position the Village for continued growth and success.

Mayor Telesfor ‘Ted’ Benavidez expressed gratitude to the Village’s financial team, staff, and all those involved in maintaining the highest standards of fiscal responsibility. “This achievement is a testament to the hard work and dedication of everyone involved in managing our finances. It reflects our commitment to accountability in our community,” said Mayor Benavidez.

The Village of Pecos remains steadfast in its mission to serve the community with integrity and diligence. The positive results of the 2023 Fiscal Year Audit serve as a strong foundation for future endeavors and demonstrate the Village’s ongoing commitment to excellence.

For media inquiries, please contact:

Jaclyn Apodaca

505-660-6551 | advisory.rma.jka@gmail.com

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