Thirty-six states confront budget shortfalls totaling $28 billion this year according to an analysis by the National Conference of State Legislatures, Stateline.org reports today. New Mexico is listed in the report as struggling with one of the worst budget gaps as a percentage of its budget — 11.8 percent, [...]
State revenue projections continue to drop, The Santa Fe New Mexican reports. The latest numbers say revenues will fall another $53 million. With these new numbers, the budget gap may potentially be closer to $500M to $600M. Gov. Richardson says he is currently considering consolidating operations and looking at [...]
Governor Bill Richardson’s Budget Balancing Task Force is meeting in Albuquerque at Expo New Mexico and the New Mexico Independent is on hand to liveblog and webcast the proceedings. Come join us as we see what options the task force will be discussing to bridge the budget gap that [...]
