NEW MEXICO HAS A BUDGET FOR THE NEXT FISCAL YEAR. GOVERNOR MARTINEZ SIGNED THE BUDGET INTO LAW ON WEDNESDAY. IT TOTALS 6.3 BILLION DOLLARS. THE GOVERNOR DID USE HER LINE-ITEM VETO POWER, CUTTING ABOUT 12 MILLION DOLLARS IN SPENDING FROM THE BILL.
THERE IS 3.6 MILLION DOLLARS SET ASIDE FOR PAY RAISES FOR STATE POLICE OFFICERS AS WELL FUNDING FOR THE SECOND JUDICIAL DISTRICT ATTORNEY’S OFFICE IN BERNALILLO COUNTY TO HELP CLEAR A SIZEABLE CASE BACKLOG.
EDUCATION GETS A BIG CHUNK OF THE MONEY WITH 2.7 BILLION DOLLARS GOING TO FUND SCHOOLS. THERE IS ALSO 63 MILLION DOLLARS IN THE BUDGET FOR SALARY INCREASES FOR TEACHERS.
