Oil, gas revenues to drive New Mexico s next budget windfall kvia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kvia.com Daily Mail and Mail on Sunday newspapers.
CHAMA, N.M. – Projected revenues for the next budget year are expected to deliver another windfall to New Mexico’s coffers.
New estimates released Wednesday by legislative and executive economists du.
New estimates released Wednesday by legislative and executive economists during a meeting of the Legislative Finance Committee in Chama, New Mexico, show lawmakers will have a projected $2.5 billion in new money. That's the difference between current spending levels and expected revenues in the next fiscal year.
New Mexico is accepting applications to help it spend $10 million in settlement money from the Gold King Mine Spill, which turned rivers yellow in 2015 and caused immense economic and environmental damage in the region.