New Mexico Lawmakers Send Capital Outlay Budget to Governor

Watts, Jim
March 2007
Bond Buyer;3/14/2007, Vol. 359 Issue 32586, p27
Trade Publication
The article reports on the 2008 capital outlay bill sent by New Mexico Lawmakers to their Governor Bill Richardson on March 12, 2007. The outlay bill features the call for the state to spend $622.1 million from severance tax bond proceeds and non-recurring general fund collections. Olivia Padilla-Jackson, director of the New Mexico Board of Finance said that the state will sell the severance tax bonds which is needed to finance the capital outlay bill.


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