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Tagged with endowment fund
By Susan McKinsey
February 25, 2015
On a 42–25 vote, the New Mexico House of Representatives approved the state budget bill that contains $6.2 billion to fund state government and public education for 2015-16. Higher education’s share of that budget pie is $846 million, with $810 million allocated to the institutions, including a $2.1 million increase in operating funds for UNM.