News

“Maybe next year” is the new mantra of the 2016 legislative session. “Maybe next year there will be money for compensation increases.” “Maybe next year there will be more money for behavioral health, or early childhood education, or higher...

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...

Consensus revenue estimates were unveiled this afternoon, confirming what everyone feared – there is no new money. Tthe legislators are counting on $30 million new dollars for the coming fiscal year, which is down $202 million from their last estimate...

They keep calling it is a messy process that leaves no one totally happy. That is how the state budget is built.  This afternoon, House Appropriations approved what will go into the final crafting of the general appropriations act as will be found in HB2.

The House Appropriations and Finance committee approved the state budget bill on a party-line vote of 10 – 7 Thursday morning.

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...

Higher education came before the House Appropriations and Finance Committee this afternoon, in what can best be described as the "Tale of Two Formulas" or the "Battle of the Funding Formula."  

On Wednesday, the Senate Finance Committee (SFC) heard from both the Legislative Finance Committee (LFC) and Department of Finance and Administration (DFA) on their respective budget recommendations for the coming year.  Legislators will use these as ...