DALLAS -- Ratings on Gallup, N.M., have been suspended after an outside auditor said it was unable to substantiate the city’s account balances and issued no opinion of its finances.

“The rating suspension reflects the lack of an opinion of the city’s fiscal year 2012 audit, its most recent,” Standard & Poor’s credit analyst Jaime Trejo said on Monday. Moody’s Investors Service withdrew its A1 rating on Gallup last month, along with its rating on the city’s utility.

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