New Mexico governor proposes 10% spending increase amid windfall from oil production
by Morgan Lee
Jan 05, 2024
2 minutes
New Mexico's governor is proposing a nearly 10% general fund spending increase for the coming fiscal year to shore up housing opportunities, childhood literacy and health care access, with additional payouts for electric vehicles purchases.
Democratic Gov. on Thursday published the $10.5 billion budget plan for the fiscal year running from July 2024 through June 2025. It would increase general fund spending by
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