New Mexico State Budget

From Sunshine Review

Featured article

The fiscal year for the State of New Mexico is determined by the New Mexico State Legislature. The current 2009 fiscal year for the State of New Mexico is from July 1, 2008 to June 30, 2009.

[edit] The 2009 Deficit

[edit] The Federal Stimulus Package

• The State of New Mexico submitted 215 projects for funds from the Federal Stimulus Package.^[1]

• The funding request for 215 projects totals $2,937,146,132 for the cities of Alamogordo, Albuquerque, Bayard, Espanola, Las Cruces, Rio Rancho, Santa Fe, and Silver City.^[2]

[edit] Charts on Spending

[edit] Budget figures, 2000-2009

[edit] Causes of Budget Problems

[edit] Proposed Solutions

[edit] Republicans

[edit] Democrats

[edit] Rainy Day Fund

[edit] Economic Stimulus Transparency

[edit] Transparency evaluations

The following table is helpful in evaluating the level of transparency provided by a state spending and transparency database; New Mexico has no such database but this chart can be helpful in providing guidelines for what to include in such a database, should the state legislature agree to create one.

Criteria for evaluating spending databases

State Database	Searchability	Grants	Contracts	Line Item Expenditures	Dept/Agency Budgets	Public Employee Salary	Exemption Level
None	n/a	n/a	n/a	n/a	n/a	n/a	n/a

[edit] External links

[edit] Budget links

[edit] References

[edit] Additional reading