New Mexico’s budget should be based on steady, recurring expenses, not temporary surplus or one-time federal funds. Infrastructure funding should be distributed fairly based on each county’s economic activity and…
Governor Michelle Lujan Grisham signed HB 2, The General Appropriations Act, on Friday which will provide $7.4 billion for New Mexico's 2022 fiscal year budget. Normally this would be another…
Governor Lujan Grisham's state budget plan was released yesterday and includes additional support for covid relief, but as usual, more state spending increases. The governor’s budget is a 3.3 percent…
Since the pandemic shutdown began in March, NMBC has been working determinedly to help the state, it's businesses and employees in every way possible get back on their feet. Whether…
While state legislators prepare to meet in Santa Fe to address the massive state budget shortfall caused by the response to COVID-19 emergency funding is drawing attention for skirting the…
On Monday the House Appropriations and finance committee advanced Governor Michelle Lujan Grisham's $7.6 Billion budget plan for next year. While the plan does not include funding for the Governor's…
On Monday, Governor Michelle Lujan Grisham released her proposed state spending plan that would expand the state budget for the second consecutive year. The bill would increase current state spending…
New Mexico consistently ranks 49th nationwide for education. How’s that working out for our people? Obviously not well. Our kids are not receiving a quality education and some can’t read when they graduate – if, in fact, they do graduate. In addition, companies often use our educational system as yet another reason to avoid our state.
Can we do better? Of course! There is little place to go but up.
Based on unofficial projections, the state Land Grant Permanent Fund (LGPF) will pay out a record-high $688 million for public schools and other beneficiaries in the coming budget year. That amount is based on a 5 percent withdrawal rate. But there is some bad news.
When it comes to important issues like jobs, our economy, the New Mexico budget deficit and the upcoming legislative session – NMBC provides the perfect venue to discuss all of these issues at the BASH (Business and Social Hour), this Thursday, January 12!
Business and community leaders will be at the BASH along with Albuquerque Mayoral Candidates, state and local elected officials and more. Richard Anklam, President and Executive Director of the New Mexico Tax Research Institute will provide insightful comments and you don’t want to miss what Carla Sonntag, NMBC President and Founder, is going to cover!