EPCOG repeats 2005 audit findings of weak controls
Audits from 2006 to 2008 reiterate poor accounting practices at EPCOG. Findings include borrowing between funds, misclassified funds, improper postings, late reports, and weak internal controls. Former staff linked to embezzlement and flawed grant management raise questions about 2005 safeguards.
MENTIONED IN THIS ARTICLE
Eastern Plains Council of Government
Woodard, Cowen and Co
Hinkle
Sanders
EPCOG
New Mexico
Sandy Chancey
Caleb Chandler
Wesley Shafer
Odessa Hamilton
Chancey
Landers
Lee Tillman
Nick Brady
Brady
Housing and Urban Development Fund
Lori Howard
Wal-Mart
Lowe's
New Mexico Association of Counties
Eastern Plains Council of Governments
Officials oppose grant rule change at EPCOG meeting
EPCOG leaders including Executive Director Sandy Chancey and planner Raymond Mondragon plan to oppose a proposed change tying Community Development Block Grant funding to HUD Section 108 Loan guarantees. The rule could allow up to 42 million in 2013 loans, risking defaults funded by future CDBG allocations.
MENTIONED IN THIS ARTICLE
Eastern Plains Council of Governments
Sandy Chancey
EPCOG
Raymond Mondragon
Santa Fe
CDBC
Mid- Region Council of Governments
Chancey
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Tucumeari NM