Energy Tax Boost Enables Biggest capital Yet

Watts, Jim
March 2006
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p33
Trade Publication
The article provides an overview of the fiscal condition of New Mexico. The increase in the state's revenues from taxes on oil and gas production, has allowed legislators to adopt a $5.1 billion budget for fiscal 2007. The legislators have also approved a capital outlay budget of $762.5 million in 2006. The employment growth in the state has increased 1.9 percent a year since 2000.


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