by Douglas Messier
Managing Editor
Excess local tax revenues collected to support Spaceport America have been improperly spent on the facility’s operational costs, the New Mexico Attorney General’s Office has concluded.
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Posted by Douglas Messier on Monday, December 21, 2020
On Monday, I joined Rio Grande Foundation President Paul Gessing for an episode of the Tipping Point New Mexico podcast. We talked about the latest developments involving Virgin Galactic and Spaceport America. Topics include:
Enjoy!
by Douglas Messier
Managing Editor
Fresh off a stinging report saying that it failed to properly oversee a state-owned facility rife with fraud, waste and abuse, the New Mexico Spaceport Authority (NMSA) Board of Directors approved spending up to $20 million on capital improvements to Spaceport America.
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by Douglas Messier
Managing Editor
A highly critical investigation of Spaceport America has determined the New Mexico state government should consider formal criminal and/or administrative charges against former Executive Director Dan Hicks and former Chief Financial Officer (CFO) Zach DeGregorio for their mishandling of the spaceport’s finances.
“As detailed above, there is evidence to conclude that Dan Hicks violated criminal and administrative statutes, as well as the State of New Mexico Governmental Compliance Act, and Governor Lujan Grisham’s Code of Conduct, during his tenure as Director of the Spaceport,” the report said.
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