THE STATE OF NEW MEXICO BROUGHT IN LESS MONEY IN JANUARY COMPARED TO THE SAME MONTH A YEAR AGO. THE LEGISLATIVE FINANCE COMMITTEE SAYS INCOME FROM TAXES, FEES, AND ROYALTIES FELL BY TWO PERCENT…OR ALMOST SEVEN MILLION DOLLARS.
HOWEVER, INCOME WENT UP BY 16 PERCENT DURING THE FIRST SEVEN MONTHS OF THE FISCAL YEAR TO 3.6 BILLION DOLLARS…THANKS LARGELY TO OIL AND NATURAL GAS REVENUE.
