New Mexico Lawmakers OK $763M Capital Outlay Budget, Referendum for $143M

Watts, Jim
February 2006
Bond Buyer;2/21/2006, Vol. 355 Issue 32323, p5
Trade Publication
The article reports on the New Mexico Legislature's adoption of a $762.5 million capital outlay budget. It has also set a statewide election for $142.8 million in general obligation bonds before adjourning its biannual 30-day budget session. The state's general obligations bond capacity is based on one percent of the total assessed property statewide.


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