News

The final four days loom large in the roundhouse as capital outlay bills are centered in the house while the senate gets to deal with the budget. Over the weekend, the Senate Finance Committee, as promised, further cut FY 17 budget expectations to more...

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...

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...

It’s one week and one day before the New Mexico Legislature convenes for its 2016 session. This is a 30-day session with the main focus on all things financial. Both the Executive and the Legislative Finance Committee (LFC) have released their budget...

The Tuesday morning session, when the New Mexico Department of Higher Education presented its funding wish list, evolved into a wide-ranging, sometimes lively discussion on topics like funding formula stabilization, disagreement over performance measures...

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...

Financial analysts from NM’s departments of Finance and Administration, Taxation and Revenue, and Transportation spent their summer with Legislative Finance Committee staff, reaching agreement on how much new money the Legislature will have to work with...

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.

Assistant Professor of Accounting at Anderson School of Management Todd White has focused his attention on teaching his graduate management classes this fall.

For a New Mexico legislator, nothing says love like ...