§ 6-5-1 Definitions
§ 6-5-2 Financial control division; central system of state accounts; accounting systems; processing documents; model accounting practices; internal accounting controls
§ 6-5-2.1 Division; additional duties
§ 6-5-3 Legality and authority for proposed expenditures determined by division and state agency; encumbering funds
§ 6-5-4.1 Annual financial report
§ 6-5-5 Warrants issued by secretary; powers and duties of state auditor regarding warrants and transfer of funds imposed upon secretary
§ 6-5-6 Determinations to be made prior to issuance of warrants
§ 6-5-7 Warrant or documentation to show fund from which payment is made; settlement of claims against state; account between state and treasury
§ 6-5-8 Vouchers
§ 6-5-9 Secretary may authorize state agencies to issue warrants; secretary may except state agencies from submission of proposed vouchers, purchase orders or contracts
§ 6-5-9.1 Procurement card project
§ 6-5-10 State agency reversions; director powers; compliance with federal rules
§ 6-5-11 “Annual” defined for payroll administration
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Terms Used In New Mexico Statutes > Chapter 6 > Article 5 - Financial Control

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Devise: To gift property by will.
  • 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.