Legislative Finance Committee


General Fund Revenue Tracking: Accruals Through February 2021

General fund recurring revenues for FY21 through February were $4.77 billion, down $328.4 million, or 6.4 percent, from the same period a year ago.


DoIT Enterprise Services and Equipment Replacement Fund

Program Evaluation: DoIT Enterprise Services and Equipment Replacement Funds Although the Department of Information Technology is improving its practices, department performance suffers from a lack of transparency, poor planning, the absence of independent oversight of big projects, and inconsistent approaches.


Hearing Brief: Preparing College Students to be Competitive in Rapidly

Changing Industries A rapidly changing workforce landscape necessitates that New Mexico universities and colleges align education with the demand for emerging skills.


Hearing Brief: New Mexico State Veterans' Home

Although its performance on some health outcomes has improved since FY16, the state Veterans' Home struggles with a nearly 30 percent vacancy rate among staff and construction and equipment problems in both its old and new facilities.


Hearing Brief: Lower Rio Grande Water Conservation Pilot

Nearly 30 farms in the Lower Rio Grande Valley have volunteered for a program that will pay them to stop using groundwater on their fields for a year, part of the first phase of a multiyear pilot to promote sustainable water use.


Spotlight: Unemployment Insurance

The pandemic-induced meteoric rise in unemployment benefit claims stretched a Workforce Solutions Department staff already struggling with rising rates of benefit fraud.


Hearing Brief: Borderland Economic Development

Economic development along New Mexico's southern border has outpaced the rest of the state since the pandemic started, with Luna County showing the most growth of any county for this fiscal year.


2021 Post-Session Review

With stronger-than-expected revenues and billions in reserves, the Legislature during the 2021 session was able to restore the use of state dollars for costs temporarily covered by federal dollars last year, enrich New Mexico’s economic recovery with recovery grants and loans and temporary tax relief, and invest in roads, broadband, and other infrastructure.