March 25, 2016 – New Mexico is now using reserve funds to help pay for operations during the current fiscal year. Falling oil and gas prices have had a significant impact on the state budget. Were reserve funds the right way to address the current shortfall? What happens later this year if the state still isn’t bringing in enough revenue for the current budget?
Host Gene Grant leads a discussion on the use of reserve funds this Friday with our Line opinion panelists.