A New Day at IPANM

Both Governor and Legislative Committee recommend $7 billion-plus state budgets


Santa Fe New Mexican – Top lawmakers on Monday rolled out a proposed $7 billion state budget that would include $600 million for public works projects around New Mexico as the government’s coffers swell with a windfall of revenue from an oil and gas boom. The Legislative Finance Committee’s proposed budget would mark almost an 11 percent increase in spending by the state. That is less than what Gov. Michelle Lujan Grisham has proposed in her own version of the state budget, which would raise spending by about 13 percent.

Both Governor and Legislative Committee recommend $7 billion-plus state budgets