Speaking of Albuquerque Public School's Bond Rating

The Meyners Audit of the APS Finance Division revealed that the APS Finance Division has never had financially sound policies and procedures.

They have never kept books that are accurate or complete enough to figure out who is stealing what.

They have never required senior administrators to involve APS' Purchasing Division, even when spending more than $50,000 dollars.

They have never been required to follow what few procedures and guidelines they have.

If you do not believe that the Meyners Audit results mean
that all of this has all been going on forever,

then all you have to do is believe the only other alternative;
that the APS Finance Division once had all of the necessary
procedures and policies in place;

and some APS senior administrators decided to throw them all out.

In which case APS' Executive Director of Communications
Monica Armenta will be able to show us the documentation
of the change including the name of
the APS senior administrator who did it.


It must suck to have Monica's job, except for the
$400 plus, a day she gets for serving the "public".



Oh and the bond rating;
what kind of an interest rate would you offer the APS.
The cost to tax payers; easily millions of dollars.

The coverage in the local media; zero.