Section 3-37-3 - Finance officer; duties; records open to inspection. - New Mexico Statutes

3-37-3. Finance officer; duties; records open to inspection.

A.     The treasurer shall be the finance officer for the municipality unless another officer is directed by ordinance to be the finance officer. The finance officer shall:   

(1)     receive all money belonging to the municipality;   

(2)     keep his accounts and records in the manner prescribed by the governing body;   

(3)     keep the money of the municipality separate from any other money in his possession;   

(4)     expend the money only as directed by the governing body;   

(5)     submit monthly, or oftener if required by the governing body, a report of the receipts and expenditures of the municipality; and   

(6)     prepare annually, at the close of the fiscal year, a financial report showing the receipts, expenditures and balances for each fund. A copy of the financial report shall be filed in the office of the municipal clerk as a public document.   

B.     The records of the finance officer shall be open to inspection by any citizen during the regular business hours of the municipality.