Bernalillo Treasurer’s Office hires investment firm

ALBUQUERQUE (KRQE) – Bernalillo County is calling in outside experts to undo the bad investments made by Treasurer Manny Ortiz.

Ortiz is accused of mishandling finances, leaving the county nearly $23 million in the hole. The result a $5 million cut from this year’s budget.

That mean jobs are going unfilled and projects being delayed.

The county now has a four year $146,000 contract with a Denver-based firm of advisors to help with future investment strategies.

As for the county treasure, there’s currently a petition to have him recalled. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

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