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New Mexico Statutes Chapter 6. Public Finances § 6-3-10. Budget defined

Current as of January 01, 2024 | Updated by Findlaw Staff

The budget means a complete statement as to the financial operation of all state agencies for the fiscal year last completed, the current fiscal year and a financial plan for the operation of all state agencies for the succeeding fiscal year.

The budget for the succeeding fiscal year shall set forth in detail the following:

A. all proposed expenditures for the administration, operation and maintenance of all state agencies;

B. all interest and debt redemption charges;

C. all expenditures for capital projects to be undertaken and executed;

D. all anticipated revenues; and

E. means of financing proposed expenditures.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 6. Public Finances § 6-3-10. Budget defined - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-6-public-finances/nm-st-sect-6-3-10/

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