Posted inNew Mexico, Syndicated

New Mexico Legislative Finance Committee releases $10.8B budget recommendation

By Julia Goldberg and Austin Fisher New Mexico’s Legislative Finance Committee on Wednesday recommended $10.8 billion in spending for the 2025-2026 fiscal year from the state’s general fund, a 5.7% increase over 2025 planned spending. In a statement, Sen. George Muñoz (D-Gallup), LFC chairman and chair of the Senate Finance Committee, said “fiscal restraint has been critical […]

Posted inNew Mexico, Syndicated

New Mexico Legislative Finance Committee releases $10.8B budget recommendation

By Julia Goldberg and Austin Fisher New Mexico’s Legislative Finance Committee on Wednesday recommended $10.8 billion in spending for the 2025-2026 fiscal year from the state’s general fund, a 5.7% increase over 2025 planned spending. In a statement, Sen. George Muñoz (D-Gallup), LFC chairman and chair of the Senate Finance Committee, said “fiscal restraint has been critical […]