2011 New Mexico Statutes
Chapter 6: Public Finances
Article 3: State Budgets, 6-3-1 through 6-3-25
Section 6-3-10: Budget defined.
6-3-10. Budget defined.
The budget means a complete statement as to the financial operation of all state agencies for the fiscal year last completed, the current fiscal year and a financial plan for the operation of all state agencies for the succeeding fiscal year.
The budget for the succeeding fiscal year shall set forth in detail the following:
A. all proposed expenditures for the administration, operation and maintenance of all state agencies;
B. all interest and debt redemption charges;
C. all expenditures for capital projects to be undertaken and executed;
D. all anticipated revenues; and
E. means of financing proposed expenditures.
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