New Mexico Statutes 76-21-19. Records and accounts of commission
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The commission shall:
Terms Used In New Mexico Statutes 76-21-19
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
A. submit to the director for approval a detailed annual budget for the commission on a fiscal year basis and provide a copy of such budget upon request to any person who has paid an assessment;
B. bond officers and employees of the commission who receive and disburse commission funds;
C. keep detailed and accurate records as approved by the director of all receipts and disbursements, have such records audited annually and keep such audit available for inspection in the commission office; and
D. establish procedures for the adoption of regulations that will provide for input from producers.