2019 New Mexico Statutes
Chapter 6 - Public Finances
Article 3 - State Budgets
Section 6-3-23 - Budget adjustment defined.

Universal Citation: NM Stat § 6-3-23 (2019)

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.

History: 1978 Comp., § 6-3-23, enacted by Laws 1992, ch. 2, § 1.

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