New Mexico’s Financial Reserves Reach 52% Of Ongoing State Spending; Déjà vu All Over Again; State Needs To Shed “Saving For Rainy Day” Mentality; Invest Surplus In Transformative Projects

The Legislative Finance Committee (LFC) is a bipartisan panel of lawmakers, both state senators and representatives, who work on the state’s budget year-round.  On August 23, the LFC met in Las Vegas, New Mexico where Secretary of Finance and Administration … Continue reading New Mexico’s Financial Reserves Reach 52% Of Ongoing State Spending; Déjà vu All Over Again; State Needs To Shed “Saving For Rainy Day” Mentality; Invest Surplus In Transformative Projects