After $1.1 Billion Extra for 2019, New Mexico looking at $1.3 Billion Surplus in 2020


Associated Press & KRQE –  The state could be getting more than a billion dollars in tax revenue next year thanks to the oil boom. State Senate Finance Committee Chairman John Arthur Smith  the state is on track to rake in anywhere from $1.1 to $1.3 billion in 2020.

Latest NM State Budget Projection:  $1.3 Billion for 2020 thanks to Oil & Gas Industry

New Mexico Could See $1.3B from Oil Windfall