Tag Archives: budget surplus

The Line: Economists Urge Caution In Dealing With Budget Surplus

1224 Line Budget Surplus

December 14, 2018 – This week, legislators got an update on the state’s budget surplus, as well as a warning. Economists and analysts are urging a cautious approach to spending the roughly $1.1 billion in new revenues coming into the state coffers. Gene Grant and the Line opinion panelists discuss the warning and how the budget discussion may play out during the upcoming 60-day session.

Line Panelists:
Jeffrey Candelaria, Konnection Now & host on KKOB
Tom Garrity, the Garrity Group PR
Laura Sanchez-Rivét, attorney at Cuddy and McCarthy, LLP
Giovanna Rossi, president, Collective Action Strategies; host, The Well Woman Show (KUNM)

For Further Reading:

New Mexico Expects Smaller Windfall Than First Predicted — Santa Fe New Mexican

Uncertainty Over Budget Spurs Debate – Albuquerque Journal

Money Matters – Legislative Finance Committee

The Line: How Should Legislators Spend Next Year’s Budget Surplus?

1209 Line Budget Surplus

August 31, 2018 – The oil and gas industry boom is responsible for approximately $1.2 billion extra dollars state lawmakers will get to work with when they craft next year’s annual budget.   Gene Grant and the Line panelists discuss the best ways for the state legislature to allocate the budget surplus, and whether they should proceed with caution. 

Line Panelists:

Michael Bird, public health consultant

Justine Fox-Young, former state representative

Tom Garrity, The Garrity Group PR

Stephanie Maez, executive director of ProgressNow New Mexico