Inside UNM
Skip Newsroom Navigation

Newsroom

Gov. Susana Martinez Releases Budget Recommendations

By

Gov. Susana Martinez released budget recommendations this afternoon that featured significant increases for K-12 education and new money for Medicaid but no new funds for pay increases.

Higher education institutions get approximately a 3.2 percent increase, which the budget document states is an "increase of $4.7 million in addition to $26 million in base budgets toward progress in outcomes-based measures of academic progress."  The Governor specifically calls for an increase in graduation rates and STEM degrees.

In addition to being cool toward pay increases, the Governor called for benefit reductions across the board as the best way to achieve pension solvency.

For more news, visit the UNM Newsroom and follow us on Twitter.