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Totonac Danza de los Voladores wow the 96th Annual Ceremonial

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This year’s Ceremonial extended schedule featured some new shows as well as the return of some time-honored favorites.

The Totonac Danza de los Voladores also known as “Palo Voladores” (pole flying) made their return to the Ceremonial stage. Set for two nights at the Pow Wow grounds, rain cancelled the Friday night...

Squabble over Lodgers Tax monies severs ties, for now

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Gallup Film Festival awarded 16K

The request and approval for Lodgers Tax money for the Gallup Film Festival was a bit more charged then these types of meeting usually are when the City Council met Aug. 8.

After the city’s Tourism and Marketing Manager Jennifer Lazarz finished presenting some marketing metrics, she then ceded the floor to Knifewing Segura to present his request for $50,000 in Lodgers Tax funds from the City Council for next month’s Gallup Film Festival.

Mayor Jackie McKinney said “this is highly irregular,” prior to Segura’s presentation.

The tension between Lazarz and Segura was evident immediately when instead of starting to present a proposal, Segura...

State Auditor to award financial aid to small, rural communities

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SANTA FE – State Auditor Tim Keller announced Aug. 16 that the Office of the State Auditor is set to award financial assistance to small political subdivisions across New Mexico.

The OSA will award grants to entities, such as acequias and soil and water conservation districts, to help them complete state audit requirements that bring transparency to public funds. Over the last three fiscal years, the OSA has awarded about $420,000 to 64 small, mostly rural entities in 19 different counties.

Helping entities become compliant with audit requirements allows entities to receive capital outlay funding and other state or federal assistance.

“A little help goes a long way in assisting...

Financial Fraud: Lengthy prison term for estate planner who betrayed clients

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Julie Kronhaus was a well-regarded estate planner with impressive training and credentials. She was a licensed attorney, a certified public accountant, and had earned a master’s degree in taxation. Unfortunately, she was also home-schooled in fraud.

Between 2009 and 2015, according to court records, Kronhaus defrauded clients and banks out of approximately $2.7 million. The Florida resident often acted as a trustee for her clients and held their money in bank accounts she controlled. With that access, she diverted money into her law firm’s bank accounts and used it to afford a lavish lifestyle that included clothes-buying sprees and regular trips to New York and Europe.

“She...

New numbers from the state on revenue, reserves

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On Aug. 16, New Mexico Political Report wrote about New Mexico’s dipping reserves. In Fiscal Year 2016, the reserve fund was at $146 million, and in Fiscal Year 2017, New Mexico was $67 million in the red.

Now, the Legislative Finance Committee has released its revenue forecast for the state.

Among the report’s highlights:

Preliminary FY 2017 ending reserve balances are $329 million. Projected FY 2018 ending reserve balances are $206 million.

Preliminary recurring revenue for Fiscal Year 2017 is $5.7 billion. That’s $140.4 million higher than the December 2016 consensus estimate, thanks in large part to gross receipts tax revenues.

Forecasts for corporate income tax called...
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