News

Each day for the past several days, Senate Finance Chair John Arthur Smith (D-Deming) has reminded his colleagues about just how dire the state’s financial situation has become. Here is his daily dose of woe for Wednesday: The House built a FY 17 state...

Last week, when deflated revenue projections were announced, the prevailing opinion was that leaving Santa Fe with the same amount of money you came in with would be considered a victory. For higher education, 2016 will not be a winning season. House...

The Legislative Finance Committee (LFC) revealed its budget recommendations for the 2015-16 fiscal year this morning. Usually these recommendations are the best indicator of how the budget built by legislators during the upcoming session will look.

For higher education, the Legislative Finance Committee (LFC) hearing in December is the biggest and most important of the interim season. This is when institutions outline their legislative requests and when legislators work hard to deflate campus expectations.

House Appropriations and Finance is making progress on House Bill 2, the General Appropriations Act. At its hearing this afternoon, HAFC approved a number of budget recommendations for state agencies and higher education...