NEW MEXICO NOW HAS A SPENDING PLAN FOR NEXT FISCAL YEAR. GOVERNOR MARTINEZ HAS SIGNED THE 6.2 BILLION DOLLAR BUDGET APPROVED BY LAWMAKERS. THE GOVERNOR SAYS THE SPENDING PLAN PRIORITIZES JOB CREATION, CONTINUING EDUCATION REFORM AND IMPROVEMENTS TO PUBLIC SAFETY.
THE BUDGET INCREASES SPENDING BY A LITTLE OVER ONE PERCENT FROM THE CURRENT YEAR. IT HIKES EDUCATION SPENDING BY 36 MILLION DOLLARS AND ALLOWS FOR A 2-THOUSAND DOLLAR A YEAR RAISE FOR STARTING TEACHERS.
