News

Consensus revenue estimates were unveiled this afternoon, confirming what everyone feared – there is no new money. Tthe legislators are counting on $30 million new dollars for the coming fiscal year, which is down $202 million from their last estimate...

State lawmakers will get revised revenue projections next week, barely giving them time to build their FY 17 budget. Seeking a second opinion or perhaps a preview of the pain, Senate Finance asked economists to comment on the state of the state’s...

State finance officials predict $232 million in new money could be available to legislators as they begin building the FY-17 state budget next month. That’s down $61 million from their $293 million projection last August. In a largely optimistic report...

The 2015 session of the NM Legislature commences Tuesday Jan. 20, at noon with the opening session featuring Governor Susana Martinez delivering the State of the State. For the next 60 days, legislators and the executive branch will be wrangling with a great many varied issues, though none will be more important than crafting the FY 16 state budget.

The Legislative Finance Committee is meeting jointly with the Legislative Education Study Committee at Highlands University in Las Vegas regarding the latest consensus revenue projections from the state’s financial gurus.   The news they heard is goo