2011 New Mexico Statutes
Chapter 6: Public Finances
Article 3: State Budgets, 6-3-1 through 6-3-25
Section 6-3-23: Budget adjustment defined.
6-3-23. Budget adjustment defined.
As used in Chapter 6, Article 3 NMSA 1978, "budget adjustment" means:
A. an increase or decrease in expenditures from other state funds, internal service funds or interagency transfer;
B. a transfer of funds from one division of an agency to other divisions of that agency;
C. a transfer of funds between budget categories within an agency or a division; or
D. an authorization to expend federal funds.
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