Filling up at the gasoline pumps these days puts a smile on a consumer’s face, but in New Mexico those lower fuel costs mean lower revenues, and a tighter state budget.  That’s the reality state lawmakers are facing as they start the process of formulating a six-point-two-billion-dollar spending plan for the upcoming fiscal year that begins next summer.  KSFR’s Deborah Martinez reports the state now expects 232-milliondollars  in new money as they head into the next Legislative session, down from estimates of 293-million in August.


Direct download: 120815-StateBudget.mp3
Category:KSFR News -- posted at: 2:55pm MST