036 Truth in Accounting for State of New Mexico

Paul and Dowd interview Sheila Weinberg of the Chicago-based Truth in Accounting. Her organization works to “compel governments to produce financial reports that are understandable, reliable, transparent and correct.” Topics include New Mexico’s fiscal health — including unfunded liabilities and the disclaimers attached to the state’s reliably late comprehensive annual financial reports — and the highest- and lowest-ranked performers on TIA’s “Financial State of the States” report.