Bill > HB141

This bill is the General Appropriation Act of 2025, which outlines the state budget for New Mexico for fiscal year 2026. The bill comprehensively details how state funds will be allocated across various government agencies and departments. The bill provides a detailed breakdown of appropriations for multiple areas of state government, including: 1. Judicial Branch: Funding for courts, district attorneys, and administrative services, totaling around $508 million. 2. General Control: Appropriations for agencies like the Attorney General, State Auditor, and Department of Finance and Administration, totaling about $1.97 billion. 3. Commerce and Industry: Funding for departments like Tourism, Economic Development, and various regulatory boards, totaling approximately $269 million. 4. Agriculture, Energy, and Natural Resources: Appropriations for cultural affairs, livestock board, game and fish, and other related agencies, totaling around $441 million. 5. Health, Hospitals, and Human Services: A significant portion of the budget, totaling about $17.5 billion, covering healthcare, children's services, workforce solutions, and other social services. 6. Public Safety: Funding for departments like Military Affairs, Corrections, and Public Safety, totaling around $1.09 billion. 7. Transportation: Appropriations for the Department of Transportation, totaling $1.3 billion. 8. Education: Funding for public education, higher education institutions, and related programs, totaling about $4.52 billion. 9. Public School Support: A major allocation of about $5.18 billion for public school funding. The bill also includes provisions for: - Salary increases for state employees - Compensation adjustments - Special appropriations for specific programs - Fund transfers - Technology improvements - Contingency measures The total budget for fiscal year 2026 is approximately $32.9 billion, with significant funding coming from the general fund, federal funds, and other state funds.

Budget and Finance

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=141&year=25