NCRTD Receives Clean FY2014 Audit

NCRTD News:

The North Central Regional Transit District (NCRTD) has received an Unqualified Opinion with no findings and no carryovers as reported in its Fiscal Year 2014 Independent Auditor’s Report.

The findings, which have been verified by the New Mexico State Auditor’s office, were presented today at the NCRTD monthly Board meeting by Farley Vener, President of Hinkle and Landers, P.C., which conducted the audit.

The report issued an Unqualified Opinion with no new findings and no carryovers. A carryover last year was resolved in the current year. The report also found no liquidity issues. An unqualified opinion with no findings is the best opinion an auditor could make in its report and indicates that financial records and statements are fairly and accurately presented in accordance with Generally Accepted Accounting Principles (GAPP).

A full copy of the report could be found in the Reports section at www.ncrtd.org

The North Central Regional Transit District provides free bus service Monday through Friday to a service area that encompasses over 10,000 square miles of north central New Mexico including the counties of Taos, Los Alamos, Rio Arriba and Santa Fe; the Cities of Santa Fe and Española and the Towns of Taos and Edgewood; as well as the Pueblos of Pojoaque, Ohkay Owingeh, Nambé, San Ildefonso, Santa Clara and Tesuque. The company’s signature “RTD Blue Buses” provide additional transit connections to New Mexico Rail Runner, Santa Fe Trails, New Mexico Park and Ride, Los Alamos Atomic City Transit, Taos Chile Line and Red River Miner’s Transit. All of its buses are equipped with bike racks and are ADA accessible.

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