NEW MEXICO’S REVENUE OUTLOOK HAS IMPROVED. THE ALBUQUERQUE JOURNAL REPORTS THE STATE IS SET TO GENERATE 55 MILLION DOLLARS MORE IN REVENUE THAN EXPECTED FOR THE BUDGET YEAR ENDING IN JUNE. TOP DEMOCRATIC LEADERS AND UNION BOSSES NOW SAY THERE’S NO NEED FOR THE GOVERNOR’S FURLOUGHS … AND THE JOURNAL REPORTS THAT SENATE FINANCE COMMITTEE CHAIRMAN JOHN ARTHUR SMITH SAYS HE FEELS COMFORTABLE THAT WE CAN COMPLETE THIS BUDGET YEAR WITHOUT FURLOUGHS.
MARTINEZ ADMINISTRATION BUDGET OFFICIALS DON’T AGREE. THEY SAY THERE’S STILL REASON FOR CONCERN.
