Staff Solvency Framework for June 2020 Special Session
1. Summary Narrative
2. Overall Framework
3. Section 4 High Level
4. Other Spending Changes
5. General Fund Agency Detail
6. Specials & Information Technology
7. Public Schools & Higher Education
8. Revenue Estimate - June
9. Federal Funds
10. FTE Counts & Vacancy Rates
11. Pay and Insurance Costs
12. PERA Solvency
13. Road Fund Framework
14. GFFS for Framework
15. Local Government CARES Act State/Local Relief Fund distribution options
16. Capital Outlay Voids Framework
17. NMFA Transfers Framework
18. Drafting Instructions

 Special Session Update
June 10, 2020

General Fund Revenue Outlook
• On June 10, state economists reported a revised general fund revenue estimate for FY20 through
FY22. Compared to the April update, the forecast is close to the mid-point of the April range.
•

The baseline revenue estimate is a “U shaped” recovery scenario with a deep initial decline and
significant economic recovery by year-end. A pessimistic scenario has an “L-shaped” recovery
with greater job losses and slower recovery.

•

The FY21 New Mexico oil price outlook is $31/bbl; FY21 oil production is predicted at 255
million barrels down 28 percent; FY21 job losses in the L shaped scenario are 9 percent with 14
percent unemployment.

•

The state was pretty well positioned to withstand severe economic and fiscal stress with expected
FY20 general fund reserves at 26.7 percent. However, in hindsight, 7.5 percent general fund
appropriations growth for FY21 was excessive.

•

FY20 general fund revenue is expected to fall about $375 million below forecast. FY21 general
fund revenue is expected to fall $1.98 billion below the December forecast.

Solvency Measures
• Given time and health constraints, the LFC staff framework for a special session in June focuses
on simple, straight forward, moderately austere options for FY20 and FY21. These include:
o Drawing reserves to 12 percent ending FY21;
o Cutting a portion of 2020 special appropriations;
o Switching some general fund capital appropriations including transportation to debt
financing;
o Paring back or eliminating new general fund initiatives that are likely not sustainable in
FY22;
o Reducing the 4 percent across the board pay increase by 3 to 4 percent, perhaps leaving
enough to cover higher benefit costs and maintain take home pay;
o Sanding most FY21 general fund appropriations 2 to 4 percent with the smaller
reduction for schools, health and Medicaid; and
o Using Federal Funds, especially the $1.25 billion stimulus fund, to temporarily reduce
general fund spending.
•

This approach will achieve general fund FY21 recurring savings of approximately 5 percent.

•

The framework assumes passage of Federal legislation or regulatory changes to provide flexible
use of $1.25 billion stimulus funding; contingent language could allow use of more general fund
reserves if this doesn’t materialize.

•

Significant non-recurring options remain available for FY22, notably capital outlay voids or swaps
and use of the early childhood trust fund.

1

 •

The Executive and Legislature will use the July to December period to develop additional recurring
and non-recurring spending and revenue options needed for consideration at the 2021 Legislative
Session.

2

 LFC Staff Solvency Framework for June 2020 Special Session

1 LFC Estimate: Revenue Decline

1% Pay
FY20
$
374

2 Federal Stimulus Fund
3 Adjusted Revenue Decline
$
4 General Fund (Reductions) Increase

374

5 Section 4 Sanding

$
$

$

6 Section 4, 8 - Pay

7
8
9
10
11
12
13

1% Pay
FY21
$ 1,979

Section 4 Swap/Other Reductions
Section 4 Replace Impact Aid
Section 4-Recurring Reductions Total
Section 4 Federal Funds Swap
Section 4-One Time Swap
Section 4 - Grand Total
Sections 5, 6, 7 Reductions
$

0% Pay
FY20
$
374

(750)
1,229 $

374

(226)

0% Pay
FY21
$ 1,979

$
$

$

$

(118)

$

$
$
$
$
$
$

(102)
31
(416)
(172)
(172)
(587)

$
$
$
$
$
$

(57)

$

(57)

14 Section 5,6,7 Swap
15 Section 9 - Roads Swap

$

(120)

$

16 Section 10 - PERA
17 Section 10 - Other

$

(20)

$

18
19
20
21
22
23
24
25

New-Impact Aid FY20
Sections 5,6,7, 9, 10
Other Items
Capital Voids
STB Sweep/Swap
Other Revenue/Swap
Sub-Total Other Bills
Total Solvency Actions (Scenario)
New Total From (To) Reserves to
26 Appropriation Account
27 Ending Reserve Balance

28
29
30
31
51
52
53
54
55

Reserves Percent of Recurring
FY22 New Money Post Solvency
FY22 New Money Current Law

56
57
58
59
60

Other County/Muni
State Emergency Cost
Other (Tribal/Business)
Transfer for Solvency
Balance

CARES Act Funding
ABQ
BernCo.

Notes
1

Move Stimulus Funding into Appropriations Account
for COVID-19 Allotments in Schools/Higher
(750) Education/Public Health and Public Safety
1,229
.-2% SEG/DOH, -3% Medicaid, -4% All Other; -6%
(226) PS/HE categorical/below the line.

(157)

6/9/20203:13 PM

1% Average Pay Increase. PED shall not approve
LEA budgets that result in take home pay decreases.

Tobacco/Other various cuts and sanding/Eliminate
Opp. Scholarship/Roll back other ed initiatives
(102)
31
(455)
(172) Recognize increased discretionary federal grants
(172) Assume replacement of amount in FY22 with GF
(626)
See Detail. Includes $7 M DD Waiver reversion.
Assume $8M Swap Disaster EO with federal funds in
GFFS
Swap GF Road funding with debenture/Cancel $45
(120) M
DFA already transferred $55 M to PERA; Reverse
transaction before end of FY
(20) Early Childhood
LFC - Contigency to direct SEG reversions to State
Support Reserve to preserve unit value, w/BOF
approval of certificant that all appeals of impact aid
ruling exhausted.
(140)

2
3
4
5

6

7
8
9
10
11
12
13
14
15
16
17

$

(57) $

(140) $

(57) $

$
$
$
$
$

(15)
(10)
(24)
(81) $

$
$
$
$
(727) $

(15)
(10)
(24)
(81) $

(766)

18
19
20
21
22
23
24
25

$
$

293 $
1,418 $

502 $
865 $

293 $
1,428 $

463
914

26
27

See Capital Framework
Use 100% STB Revenue (Super Sweep)
NMFA Transfers ($9.8M)

Provide Gov authority to sand all GF appropriations
up to 2% if revenues are short. Authorize TSR
transfer to appropriation account if line 2 not
20.0%
12.0%
20.1%
12.8% allowed by federal government w/BOF certification.
$
(985)
$
(946)
$ (1,401)
$ (1,401)
General Fund Reserve Changes
CARES Act State/Local Relief Fund
FY20
FY21
Notes
$1,250
$1,250
($150)
($150) Already drawn down this amount.
($32)
($32) Already drawn down this amount.

28
29
30
31
51
52
53
54
55

$150M by formula determined by DFA (Pop/%GRT);
($165) $15 for locals in Cibola, McKinley, San Juan
($130)
($23)
($750)
($0)

56
57
58
59
60

($165)
($130)
($23)
($750)
($0)

3

 LFC Staff Solvency Framework for June 2020 Special Session - Agency High Level

Framework includes a range for pay up to 1%. Table shows 1%. Zero percent would increase savings to $157 million

1

(in millions)

8 Appropriations
Public School Support
9
SEG
10

$ 685.6
$ 141.8
Higher Education Department
$
39.7
Total Higher Ed.
$ 867.0
Courts
$ 183.9
District Attorneys
$
79.5
Public Defender
$
55.5
TRD
$
63.6
Department of Finance & Admin
$
16.0
DFA (Special Approps)
$
5.2
General Services Department
$
15.7
Tourism
$
16.8
Economic Development Dept
$
14.3
Cultural Affairs Department
$
32.9
Energy, Minerals & Natural Res Dept
$
22.8
State Engineer
$
19.2
Early Childhood Education & Care Dept. $ 168.4
Aging & Long-Term Care Dept.
$
47.2
Medicaid & Medicaid BH
$ 1,019.7
Other Human Services
$ 125.6
Workforce Solutions Dept
$
10.1
Department of Health
$ 293.4
Environment Department
$
12.3
Children, Youth & Families Dept
$ 210.6
Department of Corrections
$ 324.2
Department of Public Safety
$ 127.4
All Other Agencies^
$ 141.4
Subtotal Section 4 $ 7,084.9

$ 703.6
$ 153.4
$
48.5
$ 905.5
$ 191.5
$
83.0
$
58.4
$
66.5
$
17.0
$
5.6
$
17.9
$
18.5
$
14.9
$
34.4
$
24.0
$
21.0
$ 206.6
$
50.6
$ 1,093.7
$ 130.8
$
10.3
$ 318.2
$
14.1
$ 223.6
$ 343.0
$ 135.0
$ 153.1
$ 7,555.5

2.6%
8.2%
22.3%
4.4% $
0.0
4.2%
4.5%
5.2%
4.5%
6.0%
7.1%
13.9%
10.1%
3.8%
4.7%
5.3%
9.4%
22.7%
7.2%
7.3%
4.2%
1.5%
8.4%
14.6%
6.2%
5.8%
6.0%
8.3%
6.6% $ (70.6)

Comp All Other Public Employees 3%,HAFC-3%, SFC-4%,SS 1%

$

Related
924 Public Education Dept.
Total Public Education
Higher Education
I&G
Other Categorical

20

200

21

250

22

280

23

333

24

341

25

344

26

350

27

418

28

419

29

505

30

521

31

550

32

611

33

624

34

630

35

630

36

631

37

665

38

667

39

690

40

770

41

790

42
46
48
49

f

4%
Sanding

5.5% $ (69.5) $ (64.7)
30.0% $ (1.2)
20.3%
9.5%
$
6.4% $ (70.7) $ (64.7) $

12

19

Pay

2/3%
Sanding

$ 3,237.3
$ 133.8
$
32.3
$
14.9
$ 3,418.3

Categorical

18

SFC/ Final % Change
from FY20
Total

$ 3,068.8
$ 102.9
$
26.8
$
13.6
$ 3,212.2

11
13
14
15
16
17

FY20
OpBud

Grand Total $ 7,085.3
-2%

66.0

$ 7,621.4

6%
Sanding

Swaps/
Other

$ (21.2) $ (155.4)
$ (8.0)
$ (9.2)
$ (1.9) $ (3.4) $ (5.3)
(0.6)
$ (0.6)
(0.6) $ (10.0) $ (24.6) $ (170.6)

$ (28.1)
$ (8.8)
$ (1.9)
$ (12.0)
$ (30.1) $ (8.8) $ (12.0)
$ (7.7)
$ (3.3)
$ (2.3)
$ (2.7)
$ (0.7)
$ (0.3)
$ (0.7)
$ (0.6)
$ (0.7)
$ (0.6)
$ (0.6)
$ (0.5)
$ (1.4)
$ (1.0)
$ (0.8)
$ (0.4)
$ (8.3)
$ (5.0)
$ (2.0)
$ (32.8)
$ (17.0)
$ (5.2)
$ (2.2)
$ (0.4)
$ (6.4)
$ (3.0)
$ (0.6)
$ (0.4)
$ (8.9)
$ (1.5)
$ (13.7)
$ (1.5)
$ (5.4)
$ (1.0)
$ (6.1)
$ (1.1)
$ (103.9) $ (103.3) $ (19.1) $ (71.3)
$

Total
Recurring
Adj.

-

$ (47.3)

$ (28.1)
$ (8.8)
$ (13.9)
$ (50.9)
$ (7.7)
$ (3.3)
$ (2.3)
$ (2.7)
$ (0.7)
$ (0.3)
$ (1.3)
$ (1.3)
$ (1.1)
$ (1.4)
$ (1.0)
$ (1.2)
$ (13.3)
$ (2.0)
$ (49.8)
$ (7.4)
$ (0.4)
$ (9.4)
$ (1.0)
$ (10.4)
$ (15.2)
$ (6.4)
$ (7.2)
$ (368.3)

SS
SS
%
NR Federal
Change SS FY21 Total Changes
Total Net GF Federal/OSF
Grant Swap
from FY20
from
FY20

$
$
$
$
$

13.1
21.6
0.1
0.7
35.5

$ (10.1) $ 675.4
$
2.8 $ 144.6
34.6
$ (5.1) $
$ (12.4) $ 854.6
$
0.0 $ 183.9
$
0.2 $
79.7
$
0.5 $
56.0
$
0.2 $
63.8
$
0.3 $
16.3
$
0.0 $
5.3
$
0.9 $
16.6
$
0.4 $
17.1
$ (0.5) $
13.8
$
0.2 $
33.0
$
0.3 $
23.1
$
0.6 $
19.8
$ 24.9 $ 193.3
$
1.4 $
48.6
$ 24.2 $ 1,043.9
$ (2.2) $ 123.4
$ (0.3) $
9.9
$ 15.4 $ 308.8
$
0.8 $
13.1
$
2.5 $ 213.2
$
3.6 $ 327.8
$
1.2 $ 128.6
$
4.6 $ 146.0
$ 102.3 $ 7,187.2

$ (47.3) $

18.7

7.6% $ (117.9) $ (103.9) $ (103.3) $ (19.1) $ (71.3) $ (415.6) $ 120.9

-3%

4
6/9/20203:05
PM

$ 3,081.9
$ 124.6
$
27.0
$
14.3
$ 3,247.7

$

18.7

$ 7,205.8

0.4% $ (44.6) $ 3,037.3
21.0%
$ 124.6
0.5% $ (10.0) $ 17.0
5.2%
$ 14.3
1.1% $ (54.6) $ 3,193.1
-1.5%
2.0%
-13%
-1.4%
0.0%
0.3%
1.0%
0.3%
1.7%
0.7%
5.5%
2.1%
-3.8%
0.5%
1.1%
2.9%
14.8%
2.9%
2.4%
-1.7%
-2.5%
5.2%
6.7%
1.2%
1.1%
1.0%
3.3%
1.4%

$ (29.9) $ 645.5
$ 144.6
$ 34.6
$ (29.9) $ 824.7
$ 183.9
$ 79.7
$ 56.0
$ 63.8
$ 16.3
$
5.3
$ 16.6
$ 17.1
$ 13.8
$ 33.0
$ 23.1
$ 19.8
$ (5.0) $ 188.3
$ 48.6
$ (75.0) $ 968.9
$ 123.4
$
9.9
$ (7.0) $ 301.8
$ 13.1
$ 213.2
$ 327.8
$ 128.6
$ 146.0
$ (171.5) $ 7,015.7
$

$

108.0

$
$
$

22.2
0.5
130.7

$

36.3

$

36.3

$

29.9

$

132.0

$

14.0

$

342.9

18.7

1.7% $ (171.5) $ 7,034.3

Effective
Total
(AM+AP)

342.9

1

8
9
2.5% 10

$ 3,145.3
124.6
$
39.2
$
14.8
$ 3,323.8

$
$
$
$
$

76.5
21.6
12.3
1.2
111.6

$ 681.8
$ 144.6
$
34.6
$ 861.0
$ 183.9
$
79.7
$
56.0
$
63.8
$
16.3
$
5.3
$
16.6
$
17.1
$
13.8
$
33.0
$
23.1
$
19.8
$ 218.2
$
48.6
$ 1,100.9
$ 123.4
$
9.9
$ 315.8
$
13.1
$ 213.2
$ 327.8
$ 128.6
$ 146.0
$ 7,358.6

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

(3.7)
2.8
(5.1) -13% 18
(6.0) -0.7% 19
0.0
0.0% 20
0.3% 21
0.2
0.5
1.0% 22
0.2
0.3% 23
0.3
1.7% 24
0.7% 25
0.0
0.9
5.5% 26
0.4
2.1% 27
(0.5) -3.8% 28
0.2
0.5% 29
0.3
1.1% 30
0.6
2.9% 31
49.8 29.6% 32
1.4
2.9% 33
81.2
8.0% 34
(2.2) -1.7% 35
(0.3) -2.5% 36
22.4
7.6% 37
0.8
6.7% 38
2.5
1.2% 39
3.6
1.1% 40
1.2
1.0% 41
4.6
3.3% 42
273.7
3.9% 46

$
$

%
Effective
Changes
Change from
from
FY20
FY20

18.7

$ 7,377.2

21.0%
45.9%
8.8%
3.5%

11
12
13

14
15
-0.5% 16
2.0% 17

48

$

291.9

4.1% 49

 LFC Staff Solvency Framework for June 2020 Special Session
FY21 - Swap/Other Cuts Framework
Agency
Name
GSD
SOS
Tourism
Econ Dev
Spaceport
OSE

GF

1
2
3
4
6
7

Sec.
4
4
4
4
4
4

#
350
370
418
419
495
550

OSF

8
9

4
4

611
630

HSD

$
$

10

4

630

HSD

$

(2.2)

11
12

4

665
667

DOH
NMED

$
$

(3.0)
(0.4)

Description
Roll back new FTEs
Federal funds offset
Roll back expanded marketing
Econ Partnership
Roll back FTE increases
Roll back FTE increases
Reduce increases for child care,
wage supplements, mixed age 3YO
PreK, office leases
Swap with Tobacco Revenue
Pull back increases in program
support, jail and ABWD expansion,
ASPEN IT
Reduce increases to program
support/DD program
Roll back new FTEs

13

4

690

CYFD

$

(1.5)

Reduce increases to program
support/staff expansion

14
15
16
17
18

4
4
4
4
4

770
790
950
993
993

NMCD
DPS
HED
PSS
PSS

$
$
$
$
$

(1.5)
(1.0)
(12.0)
(6.0)
(4.2)

19

4

993

PSS

$

(3.4)

20
4
21
4
22 Total

993
993

PSS
PSS

$
$
$

(2.0)
(40.0)
(102.3) $

(in millions)

$
$
$
$
$
$

INT

FED

(0.6)
(0.5)
(0.6)
(0.5)
(0.6)
(0.4)

ECED
17.0

Salary Increases/Private COLA
Vacancy rate
Eliminate Opportunity Scholarship
Eliminate PE Expansion
Reverse Mentor stipends
Additional sanding of below the line
Roll back new literacy
initiative/Assume PED uses some
FF
Roll back K5 Plus
17.0

$

-

$

4

993

PSS

$

GF to SEG for lower Impact Aid
credit

31.0

Other Federal Grants Swap

30

31
32
33

4
4
4

611
665
630

ECED
DOH

34

4

924

HSD

$
$
$

(5.0)
(7.0)
(75.0)

$
$
$

29.9
14.0
132.0

PED

$

(10.0)

$

22.7

4
4

950
993

PSS

Assume carry forward FF savings
due to COVID CCDF supplanting
FY20 spending
Enhanced FMAP
Enhanced FMAP
Assume federal funds used to cover
below the line programs at PED
discretion

$
$

(29.9)
(44.6)

$
$

Assume use of Ed Stabilization, nonminority student portion & Only $1.8
36.3 of $4 for UNM HSC I&G
107.4 Assume use of Ed Stabilization

$

(171.5)

$

342.3

HED
35
36
37

-

Spending Increases

28
29

(5.0)
(17.0) $

5

 LFC Staff Solvency Framework for June 2020 Special Session - Agency General Fund Detail

AGENCY

FY20
General Fund
OpBud

2020 Regular Session
Laws 2020, Ch. Final Dollar
83
Change

FEED BILL:
11100 Legislative Council Service
11200 Legislative Finance Committee
11400 Senate Chief Clerk
11500 House Chief Clerk
11700 Legislative Education Study Committee
11900 Legislative Building Services
13100 Legislature

$
$
$
$
$
$
$

LEGISLATIVE:

$

GENERAL APPROPRIATION ACT:
11100 Legislative Council Service
11100 Energy Council Dues
11200 Legislative Finance Committee
11400 Senate Chief Clerk
11500 House Chief Clerk
11700 Legislative Education Study Committee
11900 Legislative Building Services
13100 Legislature

$
$
$
$
$
$
$
$

4,368.1
-

LEGISLATIVE:

$

4,368.1 $

20800
21000
21500
21600
21800
21900
23100
23200
23300
23400
23500
23600
23700
23800
23900
24000
24100
24200
24300
24400
25100
25200
25300
25400
25500

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

New Mexico Compilation Commission
Judicial Standards Commission
Court of Appeals
Supreme Court
Administrative Office of the Courts
Supreme Court Building Commission
First Judicial District Court
Second Judicial District Court
Third Judicial District Court
Fourth Judicial District Court
Fifth Judicial District Court
Sixth Judicial District Court
Seventh Judicial District Court
Eighth Judicial District Court
Ninth Judicial District Court
Tenth Judicial District Court
Eleventh Judicial District Court
Twelfth Judicial District Court
Thirteenth Judicial District Court
Bernalillo County Metropolitan Court
First Judicial District Attorney
Second Judicial District Attorney
Third Judicial District Attorney
Fourth Judicial District Attorney
Fifth Judicial District Attorney

6,280.4
4,489.5
1,214.0
1,162.1
1,406.8
1,810.7

$
$
$
$
$
$
$

16,363.5 $

552.0
897.7
6,616.2
6,379.4
37,419.5
10,236.8
25,509.9
9,897.5
3,867.4
10,341.2
5,320.9
4,043.6
4,588.5
4,999.5
1,772.6
10,376.8
5,093.5
10,728.5
25,217.2
6,178.1
24,438.8
5,429.2
3,617.4
5,859.8

$
$
$
$
$
$
$
$

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

6,437.4
4,601.9
1,603.1
1,549.9
1,449.0
1,843.2

Staff Framework for June 2020 Special Session. Pay would range 0-1%. 1% shown in table below.

Final
Percent
Change

3/4/6% Sanding Other
& 1% Pay
Swaps/Cuts

$
$
$
$
$
$
$

157
112
389
388
42
33

17,484.5 $

1,121

$
$
$
$
$
$
$
$
$

109
-

4,477.4 $

109

2.5% $

-

0.0%
1.7%
3.2%
2.0%
5.6%

4,477.4
-

552.0
912.7
6,824.7
6,509.7
39,497.0
10,697.1
26,787.9
10,312.9
3,983.8
10,818.1
5,601.0
4,159.5
4,756.6
5,197.8
1,851.7
10,805.9
5,309.5
11,066.9
25,891.6
6,310.8
25,406.6
5,613.7
3,709.8
6,248.3

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

15
209
130
2,078
460
1,278
415
116
477
280
116
168
198
79
429
216
338
674
133
968
185
92
389

2.5%
2.5%
32.1%
33.4%
3.0%

$
$
$
$
$
$
1.8% $

6.9% $

2.5% $

4.5%
5.0%
4.2%
3.0%
4.6%
5.3%
2.9%
3.7%
4.0%
4.5%
4.1%
4.2%
3.2%
2.7%
2.1%
4.0%
3.4%
2.6%
6.6%
46

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

FF Swap

(257.50)
(184.08)
(64.12)
(62.00)
(57.96)
(73.73)
(699.4) $

-

$

-

(179.10)

(179.1) $
(22.08)
(36.51)
(272.99)
(260.39)
(1,579.88)
(427.88)
(1,071.52)
(412.52)
(159.35)
(432.72)
(224.04)
(166.38)
(190.26)
(207.91)
(74.07)
(432.24)
(212.38)
(442.68)
(1,035.66)
(252.43)
(1,016.26)
(224.55)
(148.39)
(249.93)

-

$

-

Total SS
Adjustments

FY21 SS LFC Rec

Change from
FY20

$
$
$
$
$
$
$

(257.5)
(184.1)
(64.1)
(62.0)
(58.0)
(73.7)

$
$
$
$
$
$
$

$
$
$
$
$
$
$

(100.5)
(71.7)
325.0
325.8
(15.8)
(41.2)

-2%
-2%
27%
28%
-1%

$

(699.4) $

16,785.1 $

421.6

3%

$

(179.1) $

4,298.3 $

(69.8)

-2%

$

(179.1) $

4,298.3 $

(69.8)

-2%

(22.1)
(21.5)
(64.5)
(130.1)
497.6
32.4
206.5
2.9
(43.0)
44.2
56.1
(50.5)
(22.2)
(9.6)
5.0
(3.1)
3.6
(104.3)
(361.3)
(119.7)
(48.5)
(40.0)
(56.0)
138.6

-4%
-2%
-1%
-2%
1%

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

(22.1)
(36.5)
(273.0)
(260.4)
(1,579.9)
(427.9)
(1,071.5)
(412.5)
(159.4)
(432.7)
(224.0)
(166.4)
(190.3)
(207.9)
(74.1)
(432.2)
(212.4)
(442.7)
(1,035.7)
(252.4)
(1,016.3)
(224.5)
(148.4)
(249.9)

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

6,179.9
4,417.8
1,539.0
1,487.9
1,391.0
1,769.5

529.9
876.2
6,551.7
6,249.3
37,917.1
10,269.2
25,716.4
9,900.4
3,824.4
10,385.4
5,377.0
3,993.1
4,566.3
4,989.9
1,777.6
10,373.7
5,097.1
10,624.2
24,855.9
6,058.4
24,390.3
5,389.2
3,561.4
5,998.4

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

Percent
Change

-2%

0%
1%
0%
-1%
0%
1%
-1%
0%
0%
0%
0%
0%
-1%
-1%
-2%
0%
-1%
-2%
2%
6/9/2020

 LFC Staff Solvency Framework for June 2020 Special Session - Agency General Fund Detail
AGENCY
25600
25700
25800
25900
26000
26100
26200
26300
26400
26500
28000

Sixth Judicial District Attorney
Seventh Judicial District Attorney
Eighth Judicial District Attorney
Ninth Judicial District Attorney
Tenth Judicial District Attorney
Eleventh Judicial District Attorney, Div I
Twelfth Judicial District Attorney
Thirteenth Judicial District Attorney
Administrative Office of the District Attorneys
Eleventh Judicial District Attorney, Division II
New Mexico Public Defender Department

FY20
General Fund
OpBud
$
3,288.9
$
2,859.6
$
3,176.3
$
3,571.7
$
1,576.0
$
4,747.1
$
3,692.3
$
5,820.8
$
2,466.1
$
2,764.2
$
55,488.0

JUDICIAL:

$

30500
30800
33300
33700
34000
34100
34200
34300
34400
35000
35200
35400
35600
36000
36100
36600
36900
37000
37800
37900
39400

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

Attorney General
State Auditor
Taxation and Revenue Department
State Investment Council
Administrative Hearings Office
Department of Finance and Administration
Public School Insurance Authority
Retiree Health Care Authority
DFA Special Appropriations
General Services Department
Educational Retirement Board
New Mexico Sentencing Commission
Governor
Lieutenant Governor
Department of Information Technology
Public Employees Retirement Association
State Commission of Public Records
Secretary of State
Personnel Board
Public Employee Labor Relations Board
State Treasurer

GENERAL CONTROL

$

40400
41000
41700
41800
41900
42000
43000
44000
44600
44900
46000

$
$
$
$
$
$
$
$
$
$
$

Board of Examiners for Architects
Ethics Commission
Border Authority
Tourism Department
Economic Development Department
Regulation and Licensing Department
Public Regulation Commission
Office Superintendent of Insurance
Medical Board
Board of Nursing
New Mexico State Fair

Laws 2020, Ch. Final Dollar
83
Change
$
$
$
$
$
$
$
$
$
$
$

318,833.0 $
14,603.0
3,206.3
63,602.3
1,857.6
16,020.1
5,248.0
15,690.7
1,238.1
4,184.6
580.9
868.6
80.3
2,583.5
9,715.5
3,974.6
242.6
3,838.9

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

147,535.6 $
328.7
16,777.5
14,330.2
13,566.0
8,032.0
50.0
-

$
$
$
$
$
$
$
$
$
$
$

3,396.1
2,978.2
3,342.2
3,681.3
1,629.0
5,232.1
3,873.7
6,130.9
2,541.1
2,936.0
58,358.5

Final
Percent
Change
3.3%
4.1%
5.2%
3.1%
3.4%
10.2%
4.9%
5.3%
3.0%
6.2%
5.2%

3/4/6% Sanding Other
& 1% Pay
Swaps/Cuts

$
$
$
$
$
$
$
$
$
$
$

107
119
166
110
53
485
181
310
75
172
2,871

332,924.7 $

14,092

4.4% $

(13,317.0) $

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

619
137
2,864
28
959
373
2,182
398
20
(0)
(26)
65
1,358
60
10
-

4.2% $
4.3% $
4.5% $
$
1.5% $
6.0% $
$
$
7.1% $
13.9% $
$
0.0% $
9.5% $
3.4% $
0.0% $
-32.0% $
2.5% $
14.0% $
1.5% $
4.2% $
0.0% $

(608.87)
(133.73)
(2,658.66)
(75.43)
(679.18)
(337.25)
(714.90) $
(49.52)
(183.32)
(24.03)
(34.74)
(2.18)
(105.92)
(442.94) $
(161.37)
(10.11)
(153.56)

156,582.7 $

9,047

6.1% $

(6,375.7) $

$
$
$
$
$
$
$
$
$
$

(39.42)
(18.00)
(738.86)
(595.25) $
(554.51)
(363.57)
-

15,221.7
3,343.3
66,466.6
1,885.8
16,979.5
5,620.8
17,872.5
1,238.1
4,582.9
600.8
868.5
54.6
2,648.1
11,073.6
4,034.2
252.8
3,838.9

985.6
450.1
18,471.5
14,881.2
13,862.7
9,089.3
-

$
$
$
$
$
$
$
$
$
$
$

986
121
1,694
551
297
1,057
(50)
-

36.9%
10.1%
3.8%
2.2%
13.2%
-100.0%

57

$
$
$
$
$
$
$
$
$
$
$

FF Swap

(135.84)
(119.13)
(133.69)
(147.25)
(65.16)
(209.28)
(154.95)
(245.24)
(101.64)
(117.44)
(2,334.34)
-

$

-

(600.0)

(500.0)

(1,100.0) $

(500.0)

-

Total SS
Adjustments

FY21 SS LFC Rec

Change from
FY20

$
$
$
$
$
$
$
$
$
$
$

$
$
$
$
$
$
$
$
$
$
$

$
$
$
$
$
$
$
$
$
$
$

$

(135.8)
(119.1)
(133.7)
(147.3)
(65.2)
(209.3)
(154.9)
(245.2)
(101.6)
(117.4)
(2,334.3)

(13,317.0) $

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

(608.9)
(133.7)
(2,658.7)
(75.4)
(679.2)
(337.2)
(1,314.9)
(49.5)
(183.3)
(24.0)
(34.7)
(2.2)
(105.9)
(942.9)
(161.4)
(10.1)
(153.6)

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

$

(7,475.7) $

$
$
$
$
$
$
$
$
$
$

(39.4)
(18.0)
(738.9)
(1,095.2)
(554.5)
(363.6)
-

$
$
$
$
$
$
$
$
$
$

3,260.3
2,859.1
3,208.5
3,534.0
1,563.8
5,022.8
3,718.8
5,885.7
2,439.5
2,818.6
56,024.2

319,607.7 $
14,612.8
3,209.6
63,807.9
1,810.4
16,300.3
5,283.6
16,557.6
1,188.6
4,399.6
576.8
833.8
52.4
2,542.2
10,130.7
3,872.8
242.7
3,685.3

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

149,107.0 $

946.2
432.1
17,732.6
13,786.0
13,308.2
8,725.7
-

$
$
$
$
$
$
$
$
$
$

Percent
Change

(28.6)
(0.5)
32.2
(37.7)
(12.2)
275.7
26.5
64.9
(26.6)
54.4
536.2

-1%
0%
1%
-1%
-1%
6%
1%
1%
-1%
2%
1%

774.7

0%

9.8
3.3
205.6
(47.2)
280.2
35.6
866.9
(49.5)
215.0
(4.1)
(34.8)
(27.9)
(41.3)
415.2
(101.8)
0.1
(153.6)

0%
0%
0%

1,571.4

946.2
103.4
955.1
(544.2)
(257.8)
693.7
(50.0)
-

-3%
2%

1%
6%
-4%
5%
-1%
-4%
-35%
-2%
4%
-3%
0%
-4%
1%

31%
6%
-4%
-2%
9%
-100%

6/9/2020

 LFC Staff Solvency Framework for June 2020 Special Session - Agency General Fund Detail
AGENCY
46400
46500
46900
47900
49000
49100
49500

State Brd of Lic for Engin & Land Surveyors
Gaming Control Board
State Racing Commission
Board of Veterinary Medicine
Cumbres and Toltec Scenic Railroad Comm
Office of Military Base Planning and Support
Spaceport Authority

FY20
General Fund
OpBud
$
$
5,536.8
$
2,400.9
$
$
261.8
$
226.9
$
1,111.3

Laws 2020, Ch. Final Dollar
83
Change
$
$
$
$
$
$
$

5,692.0
2,497.6
261.8
257.1
2,622.4

$
$
$
$
$
$
$

155
97
30
1,511

Final
Percent
Change

3/4/6% Sanding Other
& 1% Pay
Swaps/Cuts

$
2.8% $
4.0% $
$
0.0% $
13.3% $
136.0% $

(227.68)
(99.90)
(10.47)
(10.28)
(104.90) $

(600.0)
(1,100.0) $

COMMERCE AND INDUSTRY

$

62,622.1 $

69,071.3 $

6,449

10.3% $

(2,762.9) $

50500
50800
51600
52100
52200
53800
53900
55000

$
$
$
$
$
$
$
$

32,895.3
593.4
22,813.0
100.0
19,236.9

34,425.4
705.0
24,030.6
175.0
21,036.9

$
$
$
$
$
$
$
$

1,530
112
1,218
75
1,800

4.7% $
18.8% $
$
5.3% $
$
75.0% $
$
9.4% $

(1,377.02)
(28.20)
(961.22)
(7.00)
(841.48) $

AGRICULTURE, ENERGY & NATURAL RESOURCES

$

75,638.6 $

80,372.9 $

4,734

6.3% $

(3,214.9) $

60300
60400
60500
60600
60900
61100
62400
63000
63100
63200
64400
64500
64700
66200
66500
66700
66800
67000
69000

$
1,071.4 $
1,071.4 $
$
327.4 $
500.4 $
$
354.3 $
356.5 $
$
2,087.1 $
2,399.6 $
$
2,537.5 $
2,725.0 $
$
168,400.2 $
206,612.7 $
$
47,172.5 $
50,581.5 $
$ 1,145,284.7 $ 1,224,498.0 $
$
10,113.8 $
10,269.8 $
$
$
- $
$
6,148.6 $
6,674.6 $
$
1,389.6 $
1,411.8 $
$
5,170.4 $
5,446.2 $
$
$
- $
$
293,399.7 $
318,150.4 $
$
12,281.0 $
14,071.3 $
$
275.2 $
463.4 $
$
4,978.7 $
5,439.3 $
$
210,644.9 $
223,612.9 $

173
2
313
188
38,213
3,409
79,213
156
526
22
276
24,751
1,790
188
461
12,968

HEALTH, HOSPITALS & HUMAN SERVICES

$ 1,911,637.0 $ 2,074,284.8 $

162,648

70500
76000
76500
77000
78000
79000
79500

$
$
$
$
$
$
$

Cultural Affairs Department
New Mexico Livestock Board
Department of Game and Fish
Energy, Minerals and Natural Resources Depart.
Youth Conservation Corps
Intertribal Ceremonial Office
Commissioner of Public Lands
State Engineer

Office of African American Affairs
Comm for Deaf and Hard-of-Hearing Persons
Martin Luther King, Jr. Commission
Commission for the Blind
Indian Affairs Department
Early Childhood Education and Care Department
Aging and Long-Term Services Department
Human Services Department
Workforce Solutions Department
Workers' Compensation Administration
Division of Vocational Rehabilitation
Governor's Commission on Disability
Developmental Disabilities Planning Council
Miners' Hospital of New Mexico
Department of Health
Department of Environment
Office of the Natural Resources Trustee
Veterans' Services Department
Children, Youth and Families Department

Department of Military Affairs
Parole Board
Juvenile Parole Board
Corrections Department
Crime Victims Reparation Commission
Department of Public Safety
Homeland Security and Emergency Mgmt

7,203.3
527.6
8.3
324,177.5
6,218.0
127,370.7
3,153.9

$
$
$
$
$
$
$
$

$
$
$
$
$
$
$

7,490.0
615.7
8.3
343,019.2
6,929.3
134,992.0
3,407.3

$
$
$
$
$
$
$

287
88
18,842
711
7,621
253

FF Swap

0.0%
52.8%
0.6%
15.0%
7.4%
22.7%
7.2%
6.9%
1.5%
8.6%
1.6%
5.3%
8.4%
14.6%
68.4%
9.3%
6.2%

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

8.5% $
4.0%
16.7%
0.0%
5.8%
11.4%
6.0%
8.0%
68

$
$
$
$
$
$
$

(42.86)
(20.02)
(14.26)
(95.98)
(109.00)
(8,264.51)
(2,023.26)
(36,734.94)
(410.79)
(266.98)
(56.47)
(217.85)
(6,363.01)
(562.85)
(18.54)
(217.57)
(8,944.52)

(600.0)
(600.0) $

$

(5,000.0) $

$

(19,200.0) $

$
$

(3,000.0) $
(400.0)

$

(1,500.0)

(64,363.4) $
(299.60)
(24.63)
(0.33)
(13,720.77) $
(277.17)
(5,399.68) $
(136.29)

-

(29,100.0) $

(1,500.0)
(1,000.0)

-

Total SS
Adjustments

FY21 SS LFC Rec

Change from
FY20

$
$
$
$
$
$
$

(227.7)
(99.9)
(10.5)
(10.3)
(704.9)

$
$
$
$
$
$
$

$
$
$
$
$
$
$

$

(3,862.9) $

65,208.4 $

$
$
$
$
$
$
$
$

(1,377.0)
(28.2)
(961.2)
(7.0)
(1,441.5)

33,048.4
676.8
23,069.4
168.0
19,595.4

$

(3,814.9) $

$
$
$
$
$
$
$
$

5,464.3
2,397.7
251.3
246.8
1,917.5

(72.5)
(3.2)
(10.5)
19.9
806.2

Percent
Change
-1%
0%
-4%
9%
73%

2,586.3

4%

$
$
$
$
$
$
$
$

153.1
83.4
256.4
68.0
358.5

0%
14%

76,558.0 $

919.4

1%

1%
68%
2%

$
$
$
$
$
(5,000.0) $
$
(75,000.0) $
$
$
$
$
$
$
(7,000.0) $
$
$
$
$

(42.9)
(20.0)
(14.3)
(96.0)
(109.0)
(18,264.5)
(2,023.3)
(130,934.9)
(410.8)
(267.0)
(56.5)
(217.8)
(16,363.0)
(962.9)
(18.5)
(217.6)
(10,444.5)

$
1,028.5 $
$
480.4 $
$
342.2 $
$
2,303.6 $
$
2,616.0 $
$
188,348.2 $
$
48,558.2 $
$ 1,093,563.1 $
$
9,859.0 $
$
$
$
6,407.6 $
$
1,355.3 $
$
5,228.4 $
$
$
$
301,787.4 $
$
13,108.4 $
$
444.9 $
$
5,221.7 $
$
213,168.4 $

(42.9)
153.0
(12.1)
216.5
78.5
19,948.0
1,385.7
(51,721.6)
(254.8)
259.0
(34.3)
58.0
8,387.7
827.4
169.7
243.0
2,523.5

-4%
47%
-3%
10%
3%
12%
3%
-5%
-3%

(87,000.0) $

(180,463.4) $ 1,893,821.4 $

(17,815.6)

-1%

(12.9)
63.5
(0.3)
3,620.9
434.1
1,221.6
117.1

0%
12%
-4%
1%
7%
1%
4%

$
$
$
$
$
$
$

(299.6)
(24.6)
(0.3)
(15,220.8)
(277.2)
(6,399.7)
(136.3)

$
$
$
$
$
$
$

7,190.4
591.1
8.0
327,798.4
6,652.1
128,592.3
3,271.0

$
$
$
$
$
$
$

4%
-2%
1%
3%
7%
62%
5%
1%

6/9/2020

 LFC Staff Solvency Framework for June 2020 Special Session - Agency General Fund Detail
AGENCY

FY20
General Fund
OpBud

PUBLIC SAFETY

$

468,659.3 $

80500

$

-

$

TRANSPORTATION

$

-

$

92400
92500
93000
94000

$
$
$
$

13,618.8
25,802.0
1,039.0
-

OTHER EDUCATION

$

40,459.8 $

95000
95200
95400
95600
95800
96000
96200
96400
96600
96800
97000
97200
97400
97600
97700
97800
97900
98000

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

39,689.2
325,449.8
209,938.9
32,485.6
21,886.8
48,059.5
39,028.4
11,995.7
14,987.1
60,141.0
8,307.5
4,424.2
6,783.2
24,998.0
10,110.2
3,011.5
1,519.2
4,227.8

HIGHER EDUCATION

$

867,043.6 $

99300

Department of Transportation

Public Education Department
Public Education Dept.-Special Approps
Regional Education Cooperatives
Public School Facilities Authority

Higher Education Department
University of New Mexico
New Mexico State University
New Mexico Highlands University
Western New Mexico University
Eastern New Mexico University
NM Institute of Mining and Technology
Northern New Mexico College
Santa Fe Community College
Central New Mexico Community College
Luna Community College
Mesalands Community College
New Mexico Junior College
San Juan College
Clovis Community College
New Mexico Military Institute
NM School for the Blind and Visually Impaired
New Mexico School for the Deaf

Public School Support

PUBLIC SCHOOL SUPPORT
State Employees/Higher Education

Final
Percent
Change

Laws 2020, Ch. Final Dollar
83
Change

$
$
$
$

-

27,802

(19,858.5) $

(2,500.0) $

$

-

$
$
$
$

1,300
5,398
61
-

9.5% $
20.9% $
5.9% $

(596.76)
(1,872.00) $
(66.00)

(3,400.0) $

47,219.0 $

6,759

16.7% $

(2,534.8) $

(3,400.0) $

14,919.0
31,200.0
1,100.0
-

8,805
12,660
6,632
1,069
1,390
2,380
1,087
(129)
674
2,030
72
191
175
814
272
200
26
161

905,553.4 $

38,510

$ 3,171,731.9 $ 3,371,121.8 $
$ 3,171,731.9 $ 3,371,121.8 $
-

5.9% $

-

-

48,494.2
338,110.1
216,571.2
33,554.3
23,276.9
50,439.4
40,115.4
11,866.8
15,660.9
62,171.1
8,379.7
4,615.1
6,958.6
25,812.3
10,382.1
3,211.5
1,545.4
4,388.4

$

(22,358.5) $

$
(10,000.0) $
$
$

(596.8)
(15,272.0)
(66.0)
-

(10,000.0) $

(15,934.8) $

1%

$
$
$
$

703.4
(9,874.0)
(5.0)
-

5%
-38%
0%

31,284.2 $

(9,175.6)

-23%

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

(5,134.8)
(14,474.3)
(9,366.5)
(1,199.4)
(401.0)
(1,172.0)
(1,412.8)
(1,246.8)
(649.1)
(5,001.0)
(461.5)
(87.1)
(608.8)
(1,692.7)
(568.7)
(144.4)
(45.1)
(19.7)

-13%
-4%
-4%
-4%
-2%
-2%
-4%
-10%
-4%
-8%
-6%
-2%
-9%
-7%
-6%
-5%
-3%
0%

823,357.9 $

(43,685.7)

-5%

14,322.2
15,928.0
1,034.0
-

(12,000.0) $

(29,884.0) $

199,390

6.3% $ (143,440.50) $

(21,198.1) $

(44,661.0) $

(209,299.6) $ 3,161,822.2 $

(9,909.7)

0%

199,390

6.3% $

(21,198.1) $

(44,661.0) $

(209,299.6) $ 3,161,822.2 $

(9,909.7)

0%

65,870.8 $

65,871

400.0 $

($47,313.80)
-

(82,195.5) $

34,554.4
310,975.5
200,572.4
31,286.2
21,485.8
46,887.5
37,615.6
10,748.9
14,338.0
55,140.0
7,846.0
4,337.1
6,174.4
23,305.3
9,541.5
2,867.1
1,474.1
4,208.1

$

(47,313.8) $

18,557.0 $

18,557.0

$

(47,313.8) $

18,557.0 $

18,557.0

4639%

COMPENSATION

$

65,870.8 $

65,471

$

(47,313.8) $

-

TOTAL GENERAL APPROPRIATION ACT

$ 7,068,929.0 $ 7,603,940.6 $

535,012

7.6% $

(343,672.0) $

(70,998.1) $

(171,545.0) $

(586,215.1) $ 7,017,725.5 $

(50,803.5)

-1%

TOTAL FEED BILL AND GENERAL APPROPRIATION ACT $ 7,085,292.5 $ 7,621,425.1 $

536,133

7.6% $

(344,371.4) $

(70,998.1) $

(171,545.0) $

(586,914.5) $ 7,034,510.6 $

(50,381.9)

-1%

79

$

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

5,444.0

(40,311.5) $

(10,433.3)
(7,038.2)
(850.0)
(775.7)
(1,457.1)
(676.6)
(525.8)
(609.6)
(4,652.7)
(199.7)
(99.5)
(560.5)
(1,368.6)
(428.9)
(207.8)

(13,939.8)
(27,134.6)
(15,998.8)
(2,268.1)
(1,791.1)
(3,551.9)
(2,499.8)
(1,117.9)
(1,322.9)
(7,031.1)
(533.7)
(278.0)
(784.2)
(2,507.0)
(840.6)
(344.4)
(71.3)
(180.3)

474,103.3 $

Percent
Change

4.4% $

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

$
$
$
$

Change from
FY20

(1,939.77) $
(16,701.30)
(8,960.60)
(1,418.10)
(1,015.40)
(2,094.80)
(1,823.20)
(592.10)
(713.30)
(2,378.40)
(334.00)
(178.50)
(223.70)
(1,138.40)
(411.70)
(136.60)
(71.30)
(180.30)

(143,440.5) $

(12,000.0)

-

FY21 SS LFC Rec

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

$

22.2%
3.9%
3.2%
3.3%
6.4%
5.0%
2.8%
-1.1%
4.5%
3.4%
0.9%
4.3%
2.6%
3.3%
2.7%
6.6%
1.7%
3.8%

Total SS
Adjustments

FF Swap

$

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

$

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

496,461.8 $

3/4/6% Sanding Other
& 1% Pay
Swaps/Cuts

6/9/2020

 Special Appropriations

Ite Agency
Code Agency Name
m
1

218

Administrative
Office of the
Courts

2

218

Administrative
Office of the
Courts

3

251

First Judicial
District Attorney

4

280

Public Defender
Department

Langu
age
Only

Language
To purchase and install furniture and equipment and convert permanent
and long-term retention case files to digitization at magistrate courts.
For a unified appropriation for magistrate court security personnel.
To purchase office furniture and telephones.

Laws 2020, Chapter 83, Section 5
Other
Funds/
General
Federal
Fund
Funds
Total

LFC Recommended Cuts
Other
Funds/
General
Federal
Funds
Fund
Total

No

$1,000.0

$1,000.0

($500.0)

($500.0)

No

$1,000.0

$1,000.0

($200.0)

($200.0)

No

$100.0

$100.0

($25.0)

($25.0)

No

$160.0

$160.0

($60.0)

($60.0)

No

$100.0

$100.0

($100.0)

($100.0)

No

$50.0

$50.0

($50.0)

($50.0)

No

$75.0

$75.0

($75.0)

($75.0)

No

$3,000.0

$3,000.0

($2,000.0)

($2,000.0)

No

$2,000.0

$2,000.0

($1,000.0)

($1,000.0)

No

$4,000.0

$4,000.0

($1,000.0)

($1,000.0)

To purchase vehicles.

5

341

Department of
Finance and
Administration

6

341

Department of
Finance and
Administration

For the local government division to work with Los Lunas to plan for a
new hospital.
For the civil legal services fund. Any unexpended balances remaining at
the end of fiscal year 2021 shall not revert and may be expended in
subsequent fiscal years.

7

341

Department of
Finance and
Administration

For a youth symphony music program and concerts in Roswell, New
Mexico.

8

350

General Services
Department

To purchase vehicles.

9

361

Department of
Information
Technology

10

419

Economic
Development
Department

For the replacement or upgrade of outdated information technology
equipment and software. The department of information technology in
consultation with the department of finance and administration shall
manage the process of deploying these funds to state agencies based
on updated inventory and replacement schedules.
To the development training fund for the job training incentive program.

10

 Special Appropriations

Ite Agency
Code Agency Name
m

11

419

Economic
Development
Department

12

419

Economic
Development
Department

13

419

Economic
Development
Department

14

521

Energy, Minerals
and Natural
Resources
Department

16

550

State Engineer

17

624

Aging and LongTerm Services
Department

18

665

Department of
Health

Langu
age
Only

Language
For economic development projects in Cibola and McKinley counties
including nine million dollars ($9,000,000) pursuant to the Local
Economic Development Act, five hundred thousand dollars ($500,000)
to the New Mexico institute of mining and technology and five hundred
thousand dollars ($500,000) to New Mexico state university for
education and retraining workers currently or formerly employed by an
operating coal-fueled electricity generating facility that is owned by a
noninvestor-owned electric utility or a coal-fueled electric generating
facility that is owned by a noninvestor-owned electric utility and has
been or is in the process of being retired. This appropriation is
contingent on certification by the secretary of the department of finance
and administration that the operator of the coal-fueled electric
generating facility has committed five million dollars ($5,000,000) to
complement this appropriation. Any unexpended balances remaining at
the end of fiscal year 2021 shall not revert and may be expended in
future fiscal years.
For a twenty-year, statewide economic development plan.
For economic development projects pursuant to the Local Economic
Development Act. Any unexpended balances remaining at the end of
the fiscal year 2021 shall not revert and may be expended in future
fiscal years.
To promote cost effective investments in clean energy production and
management for the purposes of growing the economy.
For the interstate stream compact compliance and water development
program to develop and fund a water management pilot project for the
Lower Rio Grande for fiscal years 2020 through 2023. No more than two
million dollars ($2,000,000) from this appropriation may be expended for
startup costs in fiscal years 2020 and 2021 and no more than five
million dollars ($5,000,000) from this appropriation may be expended in
each fiscal year from fiscal years 2021 through 2023. Local entities shall
be responsible for cost-share contributions beginning in fiscal year
2021.
For the Kiki Saavedra senior dignity fund contingent on enactment of
House Bill 225 or similar legislation in the second session of the fiftyfourth legislature.
For master planning assessments for five department of health
hospitals.

11

Laws 2020, Chapter 83, Section 5
Other
Funds/
General
Federal
Fund
Funds
Total

LFC Recommended Cuts
Other
Funds/
General
Federal
Funds
Fund
Total

No

$10,000.0

$10,000.0

($1,500.0)

($1,500.0)

No

$300.0

$300.0

($300.0)

($300.0)

No

$15,000.0

$15,000.0

($5,000.0)

($5,000.0)

No

$500.0

$500.0

($500.0)

($500.0)

No

$17,000.0

$17,000.0

($10,000.0)

($10,000.0)

No

$7,300.0

$7,300.0

($1,000.0)

($1,000.0)

No

$400.0

$400.0

($400.0)

($400.0)

 Special Appropriations

Ite Agency
Code Agency Name
m

19

665

Department of
Health

20

668

Office of the
Natural Resources
Trustee

21

770

Corrections
Department

22

790

Department of
Public Safety

23

790

Department of
Public Safety

24

795

Department of
Homeland Security
and Emergency
Management

25

795

Langu
age
Only

Language

Any unexpended balances in the developmental disabilities support
program of the department of health remaining at the end of fiscal year
2020 from appropriations made from all funds shall not revert and shall
be expended in fiscal year 2021 to support the developmental
disabilities waiver and support waiver.

Laws 2020, Chapter 83, Section 5
Other
Funds/
General
Federal
Fund
Funds
Total

Yes

LFC Recommended Cuts
Other
Funds/
General
Federal
Funds
Fund
Total

($7,000.0)

($7,000.0)

$2,500.0

($500.0)

($500.0)

$25,000.0

($3,000.0)

($3,000.0)

No

$2,500.0

No

$3,000.0

No

$5,100.0

$5,100.0

($2,600.0)

($2,600.0)

No

$411.0

$411.0

($411.0)

($411.0)

No

$68.6

$68.6

($34.3)

($34.3)

No

$950.0

$950.0

($550.0)

($550.0)

For the natural resources trustee fund.
For hepatitis c treatment and planning. The corrections department shall
report to the legislative finance committee and the department of
finance and administration quarterly on the number of inmates infected
with and treated for hepatitis c, the rate of treatment success,
expenditures from all funding sources for hepatitis c drugs and other
treatment costs and anticipated future hepatitis c treatment needs. The
corrections department shall coordinate with the human services
department to prioritize medicaid-funded treatment for individuals
incarcerated in county jails likely to enter the prison system. The other
state funds appropriation is from the penitentiary income fund. Any
unexpended balances from this appropriation remaining at the end of
fiscal year 2021 shall not revert and may be expended through fiscal
year 2022.

$22,000.0

To purchase and equip law enforcement vehicles.
To purchase a robot for the New Mexico state police bomb squad.

For office furniture.

Department of
Homeland Security
and Emergency
Management

To purchase vehicles.

12

 Special Appropriations

Ite Agency
Code Agency Name
m

26

795

Department of
Homeland Security
and Emergency
Management

27

924

Public Education
Department

28

924

Public Education
Department

29

924

Public Education
Department

30

924

Public Education
Department

31

924

Public Education
Department

32

924

Public Education
Department

33

950

Higher Education
Department

34

954

New Mexico State
University

Langu
age
Only

Language

For border security, public health and communications including one
hundred thousand dollars ($100,000) for distribution to law enforcement
agencies in border counties.
For a statewide special education convening. The other state funds
appropriation is from the public education reform fund.
For teacher residencies contingent on enactment of a bill in the second
session of the fifty-fourth legislature amending the Public School Code
to establish a teacher residency pilot. The other state funds
appropriation is from the public education reform fund.
To develop culturally and linguistically appropriate instructional
materials and curricula. The other state funds appropriation is from the
public education reform fund.
To place teachers in hard-to-staff schools and provide ongoing support
and development. The other state funds appropriation is from the public
education reform fund.
For school improvement grants at public schools previously identified as
a more rigorous intervention school by the public education department.
The other state funds appropriation is from the public education reform
fund.
For a school budget transparency website contingent on enactment of
Senate Bill 96 or similar legislation in the second session the fifty-fourth
legislature. The other state funds appropriation is from the public
education reform fund.
For financial aid for low-income students. The appropriation includes
nine million seven hundred thousand dollars ($9,700,000) for the
legislative lottery tuition fund, five million dollars ($5,000,000) for the
teacher preparation affordability scholarship fund, five million dollars
($5,000,000) for the opportunity scholarship, and three hundred
thousand dollars ($300,000) for collaborative projects between the
higher education department and public higher education institutions to
increase student completion of the free application for federal student
aid.
To the New Mexico department of agriculture for the soil and water
conservation commission for a pilot agricultural and natural resources
grant program. No more than six hundred thousand dollars ($600,000)
from this appropriation may be expended in each fiscal year from fiscal
years 2021 through 2023.

13

No

Laws 2020, Chapter 83, Section 5
Other
Funds/
General
Federal
Fund
Funds
Total

$1,350.0

$1,350.0

LFC Recommended Cuts
Other
Funds/
General
Federal
Funds
Fund
Total

($350.0)

($350.0)

No

$750.0

$750.0

($750.0)

($750.0)

No

$2,000.0

$2,000.0

($1,000.0)

($1,000.0)

No

$9,000.0

$9,000.0

($8,000.0)

($8,000.0)

No

$1,000.0

$1,000.0

($1,000.0)

($1,000.0)

No

$2,933.1

$2,933.1

($2,933.1)

($2,933.1)

No

$3,000.0

$3,000.0

($3,000.0)

($3,000.0)

No

$20,000.0

$20,000.0

($10,000.0)

($10,000.0)

No

$1,800.0

$1,800.0

($1,800.0)

($1,800.0)

 Special Appropriations

Ite Agency
Code Agency Name
m

35

36

993

993

Public School
Support

Public School
Support

Language
To pilot K-12 plus programs and support public schools establishing
partial K-5 plus programs that will fully comply with all provisions of the
K-5 Plus Act by fiscal year 2023. The secretary of public education may
permit a school district or charter school to pilot K-12 plus programs at
elementary schools, middle schools and high schools, provided that
students in a K-12 plus program receive no fewer than twenty-five
additional instructional days beyond the regular school year, teachers in
the K-12 plus program receive collaboration time to align K-12 plus
programming to state standards and K-12 plus programs are
implemented for an entire grade level. The public education department
shall monitor and evaluate the efficacy of K-12 plus pilot programs and
partial K-5 plus programs on improving student academic outcomes and
report its findings and recommendations to the governor, legislative
education study committee and legislative finance committee on or
before November 1, 2020. The other state funds appropriation is from
the public education reform fund. The public education department may
use up to three hundred thousand dollars ($300,000) of this
appropriation for marketing activities to promote K-12 plus and extended
learning opportunities.
To pilot summer extended learning opportunities in historically defined
Indian impacted school districts or charter schools and school districts
with a membership of fewer than two hundred, including early childhood
education full-time-equivalent membership. The secretary of public
education shall ensure summer extended learning opportunities include
a minimum of twenty-five days of instruction and shall prioritize awards
to historically defined Indian impacted school districts or charter schools
that conduct a needs assessment pursuant to Section 22-23A-9 NMSA
1978. The public education department shall monitor and evaluate the
efficacy of summer extended learning opportunities on improving
student academic outcomes and report its findings and
recommendations to the governor, legislative education study
committee and legislative finance committee on or before November 1,
2020. The other state funds appropriation is from the public education
reform fund.

14

Langu
age
Only

Laws 2020, Chapter 83, Section 5
Other
Funds/
General
Federal
Fund
Funds
Total

LFC Recommended Cuts
Other
Funds/
General
Federal
Funds
Fund
Total

No

$30,000.0

$30,000.0

($30,000.0)

($30,000.0)

No

$5,000.0

$5,000.0

($5,000.0)

($5,000.0)

 Special Appropriations

Ite Agency
Code Agency Name
m

37

993

Public School
Support

38

9922

Computer Systems
Enhancement
Fund

Language
For instructional materials. The public education department shall
distribute an amount to each school district and charter school that is
proportionate to each school district’s and charter school’s share of total
program units computed pursuant to Section 22-8-18 NMSA 1978. The
secretary of public education shall not make an award to a school
district or charter school that does not provide a description of how the
portion of the state equalization guarantee distribution attributable to
instructional materials was used. The secretary of public education shall
not make an award to a school district or charter school that
demonstrates budgeted spending levels for instructional materials are
sufficient to provide a free and appropriate public education to all
students. The other state funds appropriation is from the public
education reform fund.

Langu
age
Only

Laws 2020, Chapter 83, Section 5
Other
Funds/
General
Federal
Fund
Funds
Total

LFC Recommended Cuts
Other
Funds/
General
Federal
Funds
Fund
Total

No

$4,500.0

($4,500.0)

No
For transfer to the computer systems enhancement fund for system
replacements or enhancements.
Subtotal Special Appropriations After Vetos:

15

$51,663.8

$175,515.4

$4,500.0

$51,663.8

$119,159.1

$294,674.5

($6,733.9)

($56,689.2)

($4,500.0)

($6,733.9)

($56,183.1)

($112,872.3)

 FY21 - IT System Replacement/Enhancements
Code

Agency

Brief Project Description

280

Public Defender Department

Document Management System

341

Department of Finance &
Administration

Comprehensive Annual Financial Report
System Enhancement

378

State Personnel Office

SHARE Human Capital Management

418

Tourism Department

Visitor Information Center Enhancements

667

Department of Environment

Environmental Information System
Replacement Project

770

Corrections Department

Electronic Health Records

Laws 2020 Chapter 83
GF

OSF

FF

LFC Staff Scernario 6.8.2020
TOTAL

GF

OSF

FF

TOTAL

$2,140.0

$2,140.0

$1,070.0

$1,070.0

$500.0

$500.0

$250.0

$250.0

$2,500.0

$2,500.0

$0.0

$0.0

$582.9

$582.9

$0.0

$0.0

$1,581.0

$1,581.0

$0.0

$0.0

$750.0

$750.0

$0.0

$0.0

$115,057.4

$44,929.9

$51,663.8

16

$8,357.3

$55,036.3

$8,357.3

$55,036.3

$108,323.5

 PUBLIC SCHOOL SUPPORT AND RELATED APPROPRIATIONS FOR FY21
(in thousands of dollars)
School Year 2020-2021 Preliminary Unit Value = $4,758.10
School Year 2019-2020 Final Unit Value = $4,602.27
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72

FY20 OpBud

PROGRAM COST
UNIT CHANGES
Increase At-Risk Index (FY20: 0.25, FY21: 0.30, LSS: 0.30)
Other Projected Net Unit Changes
Elementary P.E. Units
Bilingual Multicultural Education Programs
Set School Age Limit at 22
Phase-out School Size Adjustment within Large Districts (>2,000 MEM)
Phase-in Rural Population Units
Extended Learning Time Factor
K-5 PLUS Formula Factor
UNIT VALUE CHANGES
Insurance
Minimum Wage Increase (FY20: $9.00/hr, LFC: $10.50/hr)
Fixed Costs
Instructional Materials
Mentorship and Professional Development
Mentorship Stipends
Early Literacy
Raise Compensation for Teachers (FY20: 6%, FY21: 4%, LSS: 1%)
Raise Compensation for Other School Personnel (FY20: 6%, FY21: 4%, LSS: 1%)
Remove Impact Aid Credit
Impact Aid Hold Harmless
SEG Sanding (LSS: 2%)
Nonrecurring Education Stimulus Swap (LSS: 41% Credit)
Increase Minimum Salary Levels
Increase Employer Retirement Contributions
SUBTOTAL PROGRAM COST
Dollar Change Over Prior Year Appropriation
Percent Change
LESS PROJECTED CREDITS (FY18 Actual: $77 million, FY19 Actual: $85 million)
LESS OTHER STATE FUNDS (From Driver's License Fees)
STATE EQUALIZATION GUARANTEE
Dollar Change Over Prior Year Appropriation
Percent Change
Plus: Nonrecurring CARES Act Elementary and Secondary School Emergency Relief Fund (FF)
TOTAL STATE EQUALIZATION GUARANTEE
Dollar Change Over Prior Year Appropriation
Percent Change
CATEGORICAL PUBLIC SCHOOL SUPPORT
TRANSPORTATION
Maintenance and Operations
Fuel
Rental Fees (Contractor-Owned Buses)
Transportation for Extended Learning Time
Transportation for K-5 Plus
Raise Compensation for Transportation Personnel (FY20: 6%, FY21: 4%, LSS: 1%)
Transportation Reductions
SUBTOTAL TRANSPORTATION
SUPPLEMENTAL DISTRIBUTIONS
Out-of-State Tuition
Emergency Supplemental
DUAL CREDIT INSTRUCTIONAL MATERIALS
STANDARDS-BASED ASSESSMENTS
INDIAN EDUCATION FUND
Other Categorical Reductions
TOTAL CATEGORICAL
TOTAL PUBLIC SCHOOL SUPPORT
Dollar Change Over Prior Year Appropriation
Percent Change
RELATED REQUESTS: RECURRING
Regional Education Cooperatives
Accountability and Regional Support Systems
Indigenous, Multilingual, Multicultural, and Special Education Initiatives
English Learners and Bilingual Program Evaluation and Support
Early Literacy and Reading Support
Principal Professional Development
Teacher Recruitment, Mentorship, Professional Development, Evaluation, and Retention
Teacher and Administrator Evaluation System
Community School Initiatives
Breakfast for Elementary Students
New Mexico Grown Fruits and Vegetables

17

$2,646,377.6

FY21 OpBud
$3,137,303.4

Legis. Staff
Scenario
$3,137,303.4

1
2

$113,177.9
($11,173.3)

$50,152.1
($10,287.0)
$6,000.0

$6,954.5
($6,129.0)
($9,041.6)
$5,204.5
$62,497.5
$119,895.9

1
2

$50,152.1
($10,287.0)

3
2

4
5
6
7
8
9

$8,896.6

3
3

$8,896.6
($40,000.0)

3

10

3

11
12

$9,014.0
$169.6
$4,000.0
$30,000.0

$11,567.6
$1,100.0
$4,764.9

$11,567.6
$1,100.0
$4,764.9

13
14
15
16

$11,000.0
$4,198.1
$10,000.0
$59,180.2
$33,447.4

$77,753.0
$43,919.8

$40,433.0
$4,250.0
$3,137,303.4
$490,925.8
18.6%
($63,500.0)
($5,000.0)
$3,068,803.4
$486,425.8
18.8%

$11,000.0

17
18

4
4

$8,000.0
$14,795.1
$8,361.9
($67,000.0)
$31,000.0
($64,746.5)
($44,661.0)

19
4

20

4

21
22
23
24

12

25
26
27

$3,327,323.3
$190,019.9
6.1%
($83,000.0)
($7,000.0)
$3,237,323.3
$168,519.9
5.5%

$3,068,803.4
$486,425.8
18.8%

$3,060,247.1
($77,056.3)
-2.5%
($16,000.0)
($7,000.0)
$3,037,247.1
($31,556.3)
-1.0%
$108,032.0
$3,145,279.1
$76,475.7
2.5%

$3,237,323.3
$168,519.9
5.5%

28
29
30
31
32
33
34
35
12

36
37
38
39
40
41

$56,397.9
$12,979.0
$9,194.4
$2,745.6
$3,744.0
$3,567.6

5

$86,664.8
$13,108.8
$7,119.7
$3,707.3
$3,818.9
$1,594.0

$88,628.5

$116,013.5

$300.0
$1,000.0
$1,000.0
$6,000.0
$6,000.0

$285.0
$2,000.0
$1,500.0
$8,000.0
$6,000.0

4

$86,664.8
$13,108.8
$7,119.7
$3,707.3
$3,818.9
$398.5
($4,013.9)
$110,804.1

42
43
44
45
46
4
13

47
48
49
50

$102,928.5
$3,171,731.9
$472,725.5
17.5%

$285.0
$2,000.0
$1,500.0
$8,000.0
$6,000.0
($4,014.0)
$124,575.1
$3,269,854.2
$98,122.3
3.1%

$133,798.5
$3,371,121.8
$199,389.9
6.3%

51
52
53
54
55
13

56
57
58
59
60
61

$1,039.0

$1,100.0

$1,034.0

62

$1,000.0
$2,500.0

$5,500.0

$2,805.0

11,12 64

$2,000.0
$3,000.0
$3,455.0

$1,020.0
$1,530.0
$1,762.1

12

66

12

67

12

68

$4,000.0
$1,600.0
$400.0

$2,040.0
$816.0
$204.0

12

70

12

71

12

72

10

$2,500.0
$2,500.0
$1,000.0
$2,000.0
$1,600.0
$450.0

11

10

63

65

6

7

69

 School Year 2020-2021 Preliminary Unit Value = $4,758.10
School Year 2019-2020 Final Unit Value = $4,602.27
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100

FY20 OpBud

GRADS – Teen Parent Interventions
School-Based Health Centers
STEAM (Science, Technology, Engineering, Arts, and Math) Initiatives
Advanced Placement Test Fee Waivers and Training
Career Technical Education
Feminine Hygiene Products
Teaching Pathways Coordinator
Computer Science Professional Development
Mathematics, Engineering, Science Achievement (MESA) Program
Dyslexia Screening and Professional Development
Media Literacy Programs
School Lunch Copayments
College and Career Readiness
TOTAL RELATED APPROPRIATIONS: RECURRING
Dollar Change Over Prior Year Appropriation
Percent Change
SUBTOTAL PUBLIC EDUCATION FUNDING (General Fund Only)
Dollar Change Over Prior Year Appropriation
Percent Change
PUBLIC EDUCATION DEPARTMENT
Dollar Change Over Prior Year Appropriation
Percent Change
GRAND TOTAL - SECTION 4 GENERAL FUND ONLY
Dollar Change Over Prior Year Appropriation
Percent Change
GRAND TOTAL - SECTION 4 w/CARES Act ESSER Funds
Dollar Change Over Prior Year Appropriation
Percent Change

$200.0
$1,350.0
$5,000.0
$1,500.0
$3,000.0
$170.0
$50.0
$200.0
$75.0
$357.0
$350.0

8

8

Legis. Staff
Scenario
$255.0

8,12

73
74

$2,550.0
$765.0
$1,530.0
$86.7
$25.5
$102.0
$38.3

12

75

12

76

12

77

12

78

12

79

12

80

12

81
82
83

$650.0
$100.0
$32,300.0
$5,459.0
20.3%
$3,403,421.8
$204,848.9
6.4%
$14,919.0
$1,300.2
9.5%
$3,418,340.8
$206,149.1
6.4%
$3,418,340.8
$206,149.1
6.4%

FY20 OpBud
$88,628.5
$25,000.0

$500.0
$5,000.0
$1,500.0
$3,000.0
$170.0
$50.0
$200.0
$75.0

$26,841.0
($35,059.0)
-56.6%
$3,198,572.9
$408,666.5
14.6%
$13,618.8
$2,372.2
21.1%
$3,212,191.7
$411,038.7
14.7%
$3,212,191.7
$411,038.7
14.7%

Detail on Other State and Federal Fund Appropriations
49 SUBTOTAL TRANSPORTATION
49(a)
Plus: Public School Capital Outlay Fund (OSF)
49(b)
Less Categorical Sanding: 6%
49(c)
TOTAL TRANSPORTATION
63 Accountability and Regional Support Systems
63(a)
Plus: Public Education Reform Fund (OSF)
63(b)
SUBTOTAL
69
Teacher and Administrator Evaluation System
69(a)
Plus: Educator Licensure Fund (OSF)
69(b)
SUBTOTAL
86 TOTAL RELATED APPROPRIATIONS: RECURRING
86(a)
Plus: CARES Act Governor's Emergency Education Relief Fund (FF)
86(b)
TOTAL RELATED APPROPRIATION: RECURRING
86(c)
Dollar Change Over Prior Year Appropriation
86(d)
Percent Change

FY21 OpBud

9

$331.5
$51.0
$16,946.1
($9,894.9)
-36.9%
$3,178,768.3
($19,804.6)
-0.6%
$14,322.2
$703.4
5.2%
$3,193,090.5
($19,101.2)
-0.6%
$3,301,122.5
$88,930.8
2.8%

$116,013.5

Legis. Staff
Scenario
$114,818.0

$116,013.5

($4,013.9)
$110,804.1

FY21 OpBud

12

84

12

85
86
87
88
89
90
91

9

93
94
95
96
97
12

98
99
100

49

5

$113,628.5

92

49(a)
49(b)
49(c)
63

$0.0
$1,000.0
$1,000.0
$2,000.0
$26,841.0

Detail on Sections 5, 6, and 7 Appropriations
102 Statewide Special Education Convening
103 Career Technical Education Fund
104 Educator Evaluation System
105 Standards Based Assessment Research and Development
106 Sufficiency Lawsuit Fees (Exec: Legal Fees)
107 Emergency Supplemental Funding for School Districts
108 Dual-Credit Instructional Materials
110 Cyber Security and Data Systems Upgrade
111 Instructional Materials
112 Teacher Residency Pilot (Exec: HED)
113 Statewide Real-Time Data Management System
114 Grants Management System
115 Educator Preparation Program Integrated Data Exchange System
116 Culturally and Linguistically Diverse Instructional Material and Curriculum Development
117 Early Literacy Summer Professional Development
118 Teacher Placement and Support in Hard-to-Staff Areas
119 Summer Extended Learning for Native American Students and Small Schools
120 K-12 Plus Pilot and K-5 Plus Transition Programs
121 School Improvement Grants
122 National Board Certification Grants
123 School Panic Buttons
124 Biliteracy Framework Study
125 Grow Your Own Teachers Act
126 School Budget Transparency Website
127 Facilities and Maintenance (PSCOF)
128 TOTAL SECTIONS 5, 6, & 7
PUBLIC EDUCATION REFORM FUND (Sections 4-7)
Footnotes

18

$1,000.0
$1,000.0

10

63(b)
69(a)

$0.0
$32,300.0

$0.0
$16,946.1
$10,000.0
$26,946.1
$105.1
0.4%

FY20 OpBud

FY21 OpBud

$35,250.0
$0.0

63(a)
69

$32,300.0
$5,459.0
20.3%

$26,500.0
$1,000.0

10

6

$26,841.0
($35,059.0)
-56.6%

$2,000.0
$1,000.0
$2,000.0
$1,250.0
$1,000.0
$500.0

$1,000.0
$1,000.0

$750.0
$2,000.0
$1,000.0

69(b)
86
12

86(b)
86(c)
86(d)

Legis. Staff
Scenario

10
10
10

86(a)

102

$2,000.0
$1,000.0

10

103

10

104
105

$750.0

$750.0

106
107
108

$500.0
$4,500.0
$2,000.0
$1,144.6
$1,558.4
$254.3
$9,000.0
$875.0
$1,000.0
$5,000.0
$30,000.0
$2,933.1
$500.0
$1,595.0
$100.0
$500.0
$6,000.0
$18,867.0
$90,827.4
$70,515.4

10

$500.0

10

$1,000.0
$1,144.6
$1,558.4
$254.3
$1,000.0
$875.0

10

112

10

113

10

114

10

115

10

116

10

117

10
1,10
10
10
10
10
1,10

110
111

10

118

10

119

3,10

120

10
1,10
10

10
1,10
5

10

121

$500.0
$1,595.0
$100.0
$500.0
$3,000.0
$18,867.0
$34,644.3
$14,332.3

10

122

10

123
124

10

125

10

126

5

127
128

10

 School Year 2020-2021 Preliminary Unit Value = $4,758.10
School Year 2019-2020 Final Unit Value = $4,602.27
1
2
3
4
5
6
7
8

FY20 OpBud

FY21 OpBud

Legis. Staff
Scenario

Contingent on enactment of legislation.
Includes $3.8 million in unit losses from Laws 2019, Chapters 206 and 207 (SB1 and HB5) and $6.4 million from 45% of projected unit losses from declining membership.
Language authorizing K-5 Plus funds for ELTP and providing flexibility for programs in FY21.
Language identifying amount for an average salary increase for all personnel (FY20: 6%, FY21: 4%, LSS: 1%)
Includes appropriations from the public school capital outlay fund (PSCOF).
Includes appropriations from the educator licensure fund.
Includes $50 thousand from Laws 2019, Chapter 278 (SB 536), and $200 thousand from Laws 2019, Chapter 279 (HB 548).
Includes $200 thousand for GRADS and $3.5 million for prekindergarten from TANF.

9 Does not include the Section 8 appropriation for a salary increase for PED personnel or federal CARES Act ESSER set-aside.
10 Includes appropriations from the public education reform fund (PERF).
11 Includes language transferring $1 million to the Indian Affairs Department for bilingual education and curriculum development for Native American English language learners.

19

 Staff Scenario: FY21 Public Education Section 5, 6, and 7 Appropriations
The staff recommendation reduces large appropriations in nonrecurring sections (e.g., special and supplemental
appropriations) throughout the bill, including appropriations from the public education reform fund, which could
be used to offset cuts to public schools in FY22 and subsequent years. The recommendation further applies
reductions to appropriations with duplicative or related appropriations.
The overall public education recommendation prioritizes appropriations that address distance learning and key
findings in the Martinez-Yazzie lawsuit court case (e.g. at-risk increases, extended learning time, K-5 Plus) and
limits expansion of new, small initiatives, which the court found could divert resources away from evidence-based
programs. The following list illustrates adjustments and considerations for nonrecurring, public education-related
appropriation reductions:
Section 5, 6, and 7 Nonrecurring PED
Appropriations

FY20
OpBud

FY21
OpBud

Career Technical Education Fund

$2,000.0

$2,000.0

$2,000.0

Flat with FY20 expenditure level (Lines 77, 85)

Educator Evaluation System

$1,000.0

$1,000.0

$1,000.0

Statutorily required (Line 69)

Standards Based Assessment R&D

$2,000.0

Sufficiency Lawsuit Fees

$1,250.0

$750.0

$750.0

Emergency Supplemental

$1,000.0

$500.0

$500.0

Statewide Special Education Convening

Dual-Credit Instructional Materials

$750.0

FY21 Adjustment
New appropriation (Relates to lines 3, 64, 67, 68)

<$1 million, Ongoing legal costs related to the
Martinez-Yazzie education lawsuit

$500.0

Cyber Security and Data Systems
Instructional Materials

Staff
Scenario

<$1 million, Prioritized, given transitions to online
learning (Line 36)
SEG appropriation sufficient for expenditure levels
(Lines 16, 36)
Flat with FY20 expenditure level, partially covers
HB92 (Line 68)

$26,500.0

$4,500.0

$1,000.0

$2,000.0

$1,000.0

Statewide Real-Time Data Management
System

$1,144.6

$1,144.6

Prioritized, given need for streamlined accountability

Grants Management System

$1,558.4

$1,558.4

Prioritized, given need for streamlined accountability

$254.3

$254.3

<$1 million, Prioritized, given need for streamlined
accountability

$9,000.0

$1,000.0

New appropriation, costs for development centers
overestimated (Lines 3, 16, 22, 36, 55, 64)

$875.0

$875.0

Teacher Residency Pilot

Educator Preparation Program
Integrated Data Exchange System
Culturally and Linguistically Diverse
Instructional Material and Curriculum
Development
Early Literacy Summer PD
Teacher Placement and Support in
Hard-to-Staff Areas

$1,000.0

Summer Extended Learning for Native
American Students and Small Schools

$5,000.0

K-12 Plus Pilot and K-5 Plus Transition

$30,000.0

School Improvement Grants

New appropriation (Lines 3, 17, 36, 68)
SEG appropriation sufficient for expenditure levels
(Lines 3, 10, 11, 22, 36, 55, 64)
Base SEG appropriation sufficient for expenditure
levels (Lines 3, 11, 36)

$2,933.1

National Board Certification Grants

<$1 million (Lines 19, 66)

New appropriation (Line 36)

$500.0

$500.0

$1,595.0

$1,595.0

Biliteracy Framework Study

$100.0

$100.0

<$1 million (Line 65)

Grow Your Own Teachers Act

$500.0

$500.0

<$1 million (Line 68)

School Budget Transparency Website

$6,000.0

$3,000.0

Facilities and Maintenance (PSCOF)

$18,867.0

$18,867.0

$90,827.4

$34,544.3

School Panic Buttons

TOTAL

$35,250.0

20

<$1 million, Covers HB102 (Line 68)
Prioritized, related to student safety (Line 3)

Duplicative appropriation for SB96 ($3 million
appropriation not stripped from SB96)
USDE Impact Aid ruling will redistribute $67 million of
SEG payments to Impact Aid districts (Line 22)

 CARES Act – K-12 Funding
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) allotted $207.6 million to New Mexico through the
Education Stabilization Fund (ESF). ESF helps entities continue paying employees and contractors during disruptions or
closures related to coronavirus and provides three education funds for states as follows.
New Mexico Education Stabilization Funds (in millions)
Governor’s Emergency Education Relief Fund
Elementary and Secondary School Emergency Relief Fund
Higher Education Emergency Relief Fund
Total State Education Stabilization Funds

Amount
$ 22.3
$ 108.6
$ 76.8
$207.6

Elementary and Secondary School Emergency Relief (ESSER) Fund: ESF provides $108.6 million to local educational
agencies (LEAs) to address the impacts of COVID-19. PED has one year to award funds, and any unallocated funds will be
redistributed to other states. LEAs must receive 90 percent of the distribution, or $97.7 million, and PED can withhold up to
10 percent, or $10.9 million for related emergencies. LEAs or PED must provide ESSER funds to nonpublic schools to ensure
all students receive equitable educational services. LEAs may use ESSER funds for:
• Activities authorized by federal education law,
• COVID-19 response systems and procedures,
• School leader support,
• Activities to support unique student populations 1,
• Training on sanitation and minimizing infections,
• Supplies to sanitize and clean facilities,
• Planning during long-term closures,
• Educational technology for students,
• Mental health services and supports,
• Extended learning, and
• Other activities that are necessary to maintain the operation and continuity of services
Governor’s Emergency Education Relief (GEER) Fund: ESF provides $22.3 million to the governor to help LEAs, institutions
of higher education (IHEs), and other education related entities address the impacts of COVID-19. Similar to ESSER funds,
the governor will have one year to award GEER funds. GEER funds should be used to provide emergency support for
educational services and ensure on-going functionality to:
• LEAs deemed by PED most significantly impacted by COVID-19,
• IHEs deemed by governor most significantly impacted by COVID-19, and
• Any education-related deemed by governor as essential 2.
Higher Education Emergency Relief (HEER) Fund: ESF provides $76.8 million for IHEs to address impacts of COVID-19.
Up to 50 percent of HEER funds, or $38.4 million, can be used to cover costs associated with significant changes to the
delivery of instruction 3. And at least 50 percent of HEER funds should provide emergency financial aid grants to students for
expenses related to the disruption of campus operations.
Maintenance of Effort (MOE): To use ESSER and GEER funds, the state must maintain funding support for K-12 and higher
education in FY20 and FY21 above the average of the three prior years (FY17, FY18 and FY19). For New Mexico, this
average is $3.7 billion. The FY21 appropriation for K-12 and higher education is $4.3 billion, $642 million (or 15 percent)
above the MOE requirement (i.e. the maximum amount that can be reduced and still comply). This MOE requirement can
also be waived 4.

1 Low-income children or students, children with disabilities, English learners, racial and ethnic minorities, students experiencing
homelessness, and foster care youth, including how outreach and service delivery will meet the needs of each population
2
Essential activities include: carrying out emergency educational services, the provision of childcare and early childhood education,
social and emotional support, and the protection of education-related jobs
3
Except for pre-enrollment recruitment activities, endowments or capital outlays related to athletics, sectarian instruction, or religious
worship.
4
The secretary may waive MOE requirements for states that have experienced a precipitous decline in financial resources

21

 FY20 OPBUD
0
0
0
0

Special Session
Prelim

INSTRUCTION and GENERAL
INSTITUTIONAL I&G FUNDING
Total Percent of I&G Formula Based on Outcomes
Percent of "New Money"

## Amount of "New Money" over FY20 Formula Funding
0
0 FY20 I&G Base Year
##
Base Year I&G
0
Base Year I&G - Health Sciences Center
0
Base Adjustment Rate
##
Base Adjustment Amount
##
FY20 Core Funding Level
0
0 Outcomes Funding
##
Workload Outcomes (Course Completion)
0
0 Statewide Outcomes Measures
##
Total Formula Certificates and Degrees
##
Total Workforce Certificates and Degrees
##
Total At-Risk Certificates and Degrees
##
Subtotal Statewide Outcomes Measures
0
0 Mission-Differentiated Measures
##
Research Universities
##
Comprehensive Institutions
##
Community Colleges
##
Subtotal Mission-Differentiated Measures
##

Total Outcomes Funding
I&G Base Adjustments - equity formula adjustments
## I&G Base Adjustments - Dual Credit and hold harmless

Total Formula Funding
##
0
## Medical School I&G FUNDING
## UNM Health Sciences Center Formula I&G Funding
## Federal Funds SWAP
##
HIGHER EDUCATION Institution and UNM HSC I&G TOTAL
Dollar Change from Prior Year Operating Budget
##
-0
Percent Change from Prior Year Operating Budget
0
##
##
##

House Bill 2 Final

5.3%
3.3%

2.1%
2.1%

6.1%
2.1%

$19,396.1

$13,126.4

$13,126.4

584,220.7
584,220.7
2.0%
(11,684.4)
572,536.3

623,365.5
0.0
0.0%
0.0
623,365.5

623,365.5
0.0
4.0%
(24,934.6)
598,430.9

6,444.1

2,260.5

2,169.3

9,224.2
4,273.0
4,895.2
18,392.4

4,444.7
1,922.1
2,581.0
8,947.8

4,266.9
1,845.2
2,477.7
8,589.8

3,836.6
1,207.3
3,677.5
8,721.4

1,451.4
259.8
914.1
2,625.3

1,393.3
249.4
877.5
2,520.3

33,557.9
17,271.3

13,833.5
1,000.0
2,000.0

13,279.4
940.0
1,880.0

623,365.5

640,199.0

614,530.3

62,207.2
0.0

40,000.0
23,148.0

38,400.0
22,222.1
(29,884.0)

685,572.7
43,091.2

703,347.0
17,774.3

645,268.4
(40,304.3)

6.7%

2.6%

-5.9%

OTHER CATEGORICAL
Special Schools (I&G only)
Athletics
Public Television
Healthcare Workforce (incl. medical residencies, undergraduate & graduate
nursing education, dental programs)

6,411.0
16,580.4
3,312.2

6,597.8
17,230.4
3,312.2

6,333.9
16,196.6
3,113.5

##
## Other Research and Public Service Projects
0 Senate Amendments
## Total RPSP (Excl. Special Schools I&G)
##
OTHER CATEGORICAL SUBTOTAL
##
Dollar Change from Prior Year Operating Budget
0
Percent Change from Prior Year Operating Budget

13,873.2
101,604.9
0.0

16,261.9
110,309.9
0.0

15,286.2
103,691.3
0.0

135,370.7

147,114.4

138,287.5

141,781.7
13,316.4
10.4%

153,712.2
11,930.5
8.4%

144,621.4
2,839.7
2.0%

## TOTAL GAA SECTION 4 INSTITUTIONS

827,354.4

FTE HIGHER EDUCATION DEPARTMENT
## Operating Budget and Flow-Through Programming
## Student Financial Aid
0
NM Opportunity Scholarship
##
HIGHER EDUCATION DEPARTMENT TOTAL
##
Dollar Change from Prior Year Operating Budget
-0
Percent Change from Prior Year Operating Budget
## TOTAL HIGHER EDUCATION
##
Dollar Change from Prior Year Operating Budget
-0
Percent Change from Prior Year Operating Budget

22

FTE: 52

857,059.2

789,889.8

FTE: 46.0

FTE: 46.0

17,496.0
22,193.2
0.0

16,151.0
20,343.2
12,000.0

15,505.0
20,343.2
0.0

39,689.2

48,494.2

35,848.2

1,150.6
3.0%

867,043.6
57,558.2
7.1%

8,805.0
22.2%

905,553.4
38,509.8
4.4%

(3,841.0)
-9.7%

825,738.0
(41,305.6)
-4.8%

 Institution / Program
(detail listed primarily in HB2 order, in thousands)
1
2
3
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
39
40
40
41
41
42
43
44
45
46
47
47
48
49
50
50
51
52

FY20 OPBUD
with junior &
comp

UNIVERSITY OF NEW MEXICO
Instruction and general purposes
Federal CARES Stimulus SWAP (includes Branch Campuses)
Athletics
Educational television and public radio
NEW - Veterans Student Services
NEW - Judicial Education Center
Gallup Branch - I&G
Dual Credit adjustment
Los Alamos Branch - I&G
Dual Credit adjustment
Valencia Branch - I&G
Dual Credit adjustment
Taos Branch - I&G
Dual Credit adjustment
Research & Public Service Projects:
Judicial selection
Ibero-American education
Manufacturing engineering program
Wildlife law education
Native American Studies
Chicano Studies - undergraduate and graduate student internships
African American student services
Africana Studies
Career soft skills and technical education student services
Morrissey hall programs
Disabled student services
Minority student services
Community-based education
Corrine Wolf children's law center
Student mentoring program
Southwest research center
Substance abuse program
Resource geographic information system
Southwest Indian law clinic
Geospatial and population studies/bureau of business and economic
research
New Mexico historical review
Utton transboundary resources center
Land grant studies
NEW - UNM Press
UNM Mock Trial
NEW - Grow Your Own Teachers Network
Gallup - workforce development programs
Gallup - nurse expansion
Valencia - nurse expansion
Taos - nurse expansion
Total UNM RPSPs
Total UNM

194,435.8
3,793.0
1,113.8
250.0
400.0
8,884.7
1,887.6
5,729.9
3,764.7

UNM HEALTH SCIENCES CENTER
Instruction and general purposes
Federal CARES Stimulus SWAP
Research & Public Service Projects:
New - Healthy Aging - Comprehensive Movement Disorders
New - Free Medical School Tuition
New - Bioscience Authority
New - NMNEC
New - OMI Grief Services

23

FY21 House
Bill 2

199,385.6
4,018.0
1,113.8
250.0
400.0
8,997.2
6.2
1,927.6
26.1
5,838.4
112.9
3,837.0
90.8

Special
Session
Revised HB2
Scenario

191,410.2
(8,633.3)
3,776.9
1,047.0
235.0
376.0
8,637.3
5.9
1,850.5
24.6
5,604.9
106.1
3,683.5
85.4

Differences in
Revised v HB2
Final

(7,975.4)
(8,633.3)
(241.1)
(66.8)
(15.0)
(24.0)
(359.9)
(0.4)
(77.1)
(1.6)
(233.5)
(6.8)
(153.5)
(5.5)

22.1
85.5
537.0
93.0
104.2
176.1
706.6
545.4
165.0
280.5
1,087.4
71.7
64.2
200.5

52.1
85.5
537.0
93.0
200.0
100.0
50.0
300.0
500.0
194.2
176.1
706.6
545.4
165.0
280.5
800.0
71.7
64.2
200.5

49.0
80.4
504.8
87.4
188.0
94.0
47.0
282.0
470.0
182.5
165.5
664.2
512.7
155.1
263.7
752.0
67.4
60.3
188.5

(3.1)
(5.1)
(32.2)
(5.6)
(12.0)
(6.0)
(3.0)
(18.0)
(30.0)
(11.7)
(10.6)
(42.4)
(32.7)
(9.9)
(16.8)
(48.0)
(4.3)
(3.9)
(12.0)

374.3
45.5
330.8
124.9
150.0
200.0
192.1
155.8
223.8
11,493.2
230,509.9
62,207.2
63.0
500.0
220.0

374.3
45.5
430.8
124.9
150.0
125.0
400.0
200.0
192.1
155.8
223.8
13,325.8
233,547.7

351.8
42.8
405.0
117.4
141.0
117.5
376.0
188.0
180.6
146.5
210.4
12,526.3
215,301.3

(22.5)
(2.7)
(25.8)
(7.5)
(9.0)
(7.5)
(24.0)
(12.0)
(11.5)
(9.3)
(13.4)
(799.5)
(18,246.4)

63,148.0
300.0
200.0
313.0
250.0
220.0

60,622.1
(1,800.0)
282.0
188.0
294.2
235.0
206.8

(2,525.9)
(1,800.0)
(18.0)
(12.0)
(18.8)
(15.0)
(13.2)

1
2
3
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
39
40
40
41
41
42
43
44
45
46
47
47
48
49
50
50
51
52

 Institution / Program
(detail listed primarily in HB2 order, in thousands)
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
68
69
70
71
72
73
74
75
76
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111

FY20 OPBUD
with junior &
comp

New - Physician Assistant Program & Nurse Practioners
New - Healthy NM Educational Pipeline
Child abuse evaluation services (Para Los Ninos)
Undergraduate Nurse expansion
Graduate nurse education
Native American health center
Native American suicide prevention (Honoring Native Life)
Office of medical investigator
Children's psychiatric hospital
Carrie Tingley hospital
Minority student services at HSC (with Language)
Newborn intensive care
Pediatric oncology
Poison and drug information center
Cancer center
Hepatitis community health outcomes
Graduate medical education/residencies
Internal medicine residencies
Psychiatry residencies
General surgery/family community medicine residencies
Total UNM/HSC
Total UNM and UNM/HSC

150.0
150.0
1,012.3
1,514.7
261.3
95.4
5,539.3
7,891.6
5,880.1
182.9
3,270.7
1,272.3
1,572.0
3,453.2
2,256.0
1,070.8
377.2
313.9
103,046.9
333,556.8
120,020.6
3,724.1
1,054.3
7,323.8

NEW MEXICO STATE UNIVERSITY
Instruction and general purposes
Federal CARES Stimulus SWAP (includes Branch Campuses)
Athletics
Educational television and public radio
Alamogordo Branch - Instruction and general purposes
Dual Credit adjustment
Carlsbad Branch - Instruction and general purposes
Dual Credit adjustment
Dona Ana Branch - Instruction and general purposes
Dual Credit adjustment
Grants Branch - Instruction and general purposes
Dual Credit adjustment
Department of Agriculture
NMDA - Veterinarians Externships
Agricultural Experiment Station (AES) (Language)
Cooperative Extension Service (CES)
Research & Public Service Projects:
NEW - Veterans Services
NEW - Sustainable Ag Center of Excellence
STEM alliance for minority participation
NEW- Anna Age Eight Institute
Mental health nurse practitioner
Indian resources development
Manufacturing sector development program
Arrowhead center for business development
Nurse expansion
Alliance teaching & learning advancement
Water resource research institute
College assistance migrant program
Autism Program
Sunspot Solar Observatory Consortium
Carlsbad - manufacturing sector development program
Carlsbad - nurse expansion
Dona Ana - dental hygiene program
Dona Ana - nurse expansion
Total NMSU RPSPs
Total NMSU

Special
Session
Revised HB2
Scenario

Differences in
Revised v HB2
Final

373.8
150.0
1,012.3
1,758.6
261.3
95.4
5,539.3
7,891.6
5,880.1
182.9
3,270.7
1,272.3
1,572.0
5,953.2
2,756.0
2,161.9
104,562.4
338,110.1

351.4
141.0
951.6
1,653.1
245.6
89.7
5,206.9
7,418.1
5,527.3
171.9
3,074.5
1,196.0
1,477.7
5,596.0
2,590.6
2,032.2
97,751.6
313,052.9

(22.4)
(9.0)
(60.7)
(105.5)
(15.7)
(5.7)
(332.4)
(473.5)
(352.8)
(11.0)
(196.2)
(76.3)
(94.3)
(357.2)
(165.4)
(129.7)
(6,810.8)
(25,057.2)

14,948.6
13,635.3

122,313.9
3,949.1
1,054.3
7,374.9
34.6
4,342.3
83.8
24,106.4
202.2
3,568.1
51.0
12,496.2
100.0
15,148.6
13,735.3

117,421.3
(7,038.2)
3,712.2
991.0
7,079.9
32.5
4,168.6
78.8
23,142.1
190.0
3,425.4
48.0
11,746.4
94.0
14,239.7
12,911.2

(4,892.6)
(7,038.2)
(236.9)
(63.3)
(295.0)
(2.1)
(173.7)
(5.0)
(964.3)
(12.1)
(142.7)
(3.1)
(749.8)
(6.0)
(908.9)
(824.1)

50.0
318.0
643.9
277.9
674.6
343.9
700.2
155.9
931.9
205.8
614.0
100.0
232.9
108.9
206.0
193.5
51,138.9
209,938.9

50.0
250.0
318.0
874.0
1,000.0
277.9
674.6
343.9
900.2
155.9
1,131.9
205.8
614.0
273.0
232.9
108.9
306.0
293.5
54,494.0
216,571.2

47.0
235.0
298.9
821.6
940.0
261.2
634.1
323.3
846.2
146.5
1,064.0
193.5
577.2
256.6
218.9
102.4
287.6
275.9
51,224.4
199,772.8

(3.0)
(15.0)
(19.1)
(52.4)
(60.0)
(16.7)
(40.5)
(20.6)
(54.0)
(9.4)
(67.9)
(12.3)
(36.8)
(16.4)
(14.0)
(6.5)
(18.4)
(17.6)
(3,269.6)
(16,798.4)

4,271.2
23,658.3
3,526.1
12,019.2

24

FY21 House
Bill 2

53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
68
69
70
71
72
73
74
75
76
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111

 Institution / Program
(detail listed primarily in HB2 order, in thousands)
112
113
114
114
115
116
117
118
119
120
120
121
122
123
124
125
126
127
128
129
129
130
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
144
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166

FY20 OPBUD
with junior &
comp

NEW MEXICO HIGHLANDS UNIVERSITY
Instruction and general purposes
Federal CARES Stimulus SWAP
Dual Credit adjustment
Athletics
Research & Public Service Projects:
NEW - Doctor of Nurse Practitioner
NEW - Center for Professional Development & Career Readiness
NEW - Acequia and Land Grant Education
Native american social work institute
Advanced placement
Minority student services
Forest and watershed institute
Nurse expansion
Total NMHU RPSPs
Total NMHU

EASTERN NEW MEXICO UNIVERSITY
Instruction and general purposes
I&G Formula Equity Adjustment
Federal CARES Stimulus SWAP (includes Branch Campuses)
Dual Credit adjustment
Athletics
Educational television and public radio
Roswell Branch - Instruction and general purposes
Dual Credit adjustment
Ruidoso Branch - Instruction and general purposes
Dual Credit adjustment
Research & Public Service Projects:
Blackwater draw site and museum
Student success programs
Nurse expansion
At-risk student tutoring
Allied health
NEW - ENMU Portales - Teacher Ed Free Tuition
NEW - ENMU Portales - Greyhound Promise - Free Tuition
Roswell branch - nurse expansion
Roswell branch - airframe mechanics
Special services program
NEW - ENMU Roswell/Ruidoso - Youth Challenge
NEW - ENMU Ruidoso - Nursing Program
Total EWNMU RPSPs
Total ENMU

Differences in
Revised v HB2
Final

2,376.9

28,147.8
(850.0)
20.8
2,234.3

(1,172.8)
(850.0)
(1.3)
(142.6)

175.0
216.9
530.6
304.6
212.5
3,816.5
36,278.6

170.0
175.0
50.0
175.0
216.9
530.6
304.6
212.5
4,211.5
33,554.3

159.8
164.5
47.0
164.5
203.9
498.8
286.3
199.8
3,958.8
31,277.4

(10.2)
(10.5)
(3.0)
(10.5)
(13.0)
(31.8)
(18.3)
(12.8)
(252.7)
(2,276.8)

18,151.1
2,113.9

18,605.3
300.0
193.1
2,313.9

17,861.1
(775.7)
282.0
181.5
2,175.1

300.0
72.4
57.2
129.2
205.2
857.8
3,735.7
25,772.7

300.0
72.4
100.0
129.2
305.2
957.8
4,178.5
23,276.9

282.0
68.1
94.0
121.4
286.9
900.3
3,927.8
21,476.7

(18.0)
(4.3)
(6.0)
(7.8)
(18.3)
(57.5)
(250.7)
(1,800.2)

28,730.9
-

29,471.6
700.0
184.4
2,352.1
1,071.7
12,082.9
153.3
2,134.3
30.5

28,292.7
658.0
(1,457.1)
173.4
2,211.0
1,007.4
11,599.6
144.1
2,048.9
28.7

(1,178.9)
(42.0)
(1,457.1)
(11.1)
(141.1)
(64.3)
(483.3)
(9.2)
(85.4)
(1.8)

92.9
417.0
328.0
224.6
142.4
200.0
100.0
270.0
75.1
118.6
100.0
190.0
5,682.4
50,439.4

87.3
392.0
308.3
211.1
133.9
188.0
94.0
253.8
70.6
111.5
94.0
178.6
5,341.5
46,829.7

(5.6)
(25.0)
(19.7)
(13.5)
(8.5)
(12.0)
(6.0)
(16.2)
(4.5)
(7.1)
(6.0)
(11.4)
(340.9)
(3,609.7)

2,352.1
1,071.7
11,899.8
2,106.4
92.9
417.0
328.0
224.6
142.4
200.0
100.0
100.0
75.1
118.6
100.0
5,322.4
51,945.4

25

Special
Session
Revised HB2
Scenario

29,320.6
22.2
2,376.9

28,669.1
-

WESTERN NEW MEXICO UNIVERSITY
Instruction and general purposes
Federal CARES Stimulus SWAP
I&G Formula Equity Adjustment
Dual Credit adjustment
Athletics
Research & Public Service Projects:
Nursing expansion (T or C)
Instructional television
Pharmacy and phlebotomy programs
Web-based teacher licensure
Child development center
Nurse expansion
Total WNMU RPSPs
Total WNMU

FY21 House
Bill 2

(744.2)
(775.7)
(18.0)
(11.6)
(138.8)

112
113
114
114
115
116
117
118
119
120
120
121
122
123
124
125
126
127
128
129
129
130
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
144
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166

 Institution / Program
(detail listed primarily in HB2 order, in thousands)
167
168
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
187
188
189
190
191
192
193
194
195
196
197
198
199
199
200
201
202
203
204
205
206
207
208
209
210
210
211
212
213
214
215
216
217
217
218
219
220
221
222

FY20 OPBUD
with junior &
comp

NEW MEXICO INSTITUTE OF MINING & TECHNOLOGY
Instruction and general purposes
Federal CARES Stimulus SWAP
Misc. adjustments (Athletics rolled into I&G)
Bureau of mine safety
Bureau of geology and mineral resources
Petroleum recovery and research center
Geophysical research center
Research & Public Service Projects:
Cybersecurity Education & Research Center
Cybersecurity Center of Excellence
NEW - Rural Economic Development
NEW - Chemical Engineering Student Assistanceships
Science and engineering fair
Energetic materials research center
Institute for complex additive systems analysis
Cave and karst research
Homeland security center
Total NMIMT
NORTHERN NEW MEXICO COLLEGE
Instruction and general purposes
Federal CARES Stimulus SWAP
Dual Credit adjustment
Athletics
Research & Public Service Projects:
NEW - Academic Program Evaluation
NEW- Anna Age Eight Institute (MOVED TO NMSU)
Nurse expansion
STEM
Veterans center
Total NNMC
SANTA FE COMMUNITY COLLEGE
Instruction and general purposes
Federal CARES Stimulus SWAP
Dual Credit adjustment
Research & Public Service Projects:
NEW- Teacher Education Expansion
NEW - EMS Mental Health Resiliency Pilot
First born, home visiting training & technical assistance
Nurse expansion
Small business development centers
Total SFCC

LUNA COMMUNITY COLLEGE
Instruction and general purposes
Federal CARES Stimulus SWAP
Dual Credit adjustment
Athletics
Research & Public Service Projects:
Nurse expansion
Student retention and completion

26

Special
Session
Revised HB2
Scenario

Differences in
Revised v HB2
Final

28,301.7
7.0
321.1
4,337.7
1,912.0
1,125.0

28,891.2
0.3
321.1
4,437.7
1,912.0
1,125.0

27,735.6
(676.6)
0.3
301.8
4,171.4
1,797.3
1,057.5

(1,155.6)
(676.6)
(0.0)
(19.3)
(266.3)
(114.7)
(67.5)

150.0
25.0
87.0
207.5
811.5
845.8
365.7
531.4
39,028.4

150.0
250.0
25.0
87.0
207.5
811.5
1,000.0
365.7
531.4
40,115.4

141.0
235.0
23.5
81.8
195.1
762.8
940.0
343.8
499.5
37,609.7

(9.0)
(15.0)
(1.5)
(5.2)
(12.5)
(48.7)
(60.0)
(21.9)
(31.9)
(2,505.7)

10,403.2
570.7

10,525.3
56.0
570.7

10,104.3
(525.8)
52.6
536.5

50.0
474.0
233.0
137.3
127.5
15,788.7

50.0
400.0
137.3
127.5
11,866.8

47.0
376.0
129.1
119.9
10,839.5

10,421.9
-

10,670.8
74.9

10,244.0
(609.6)
70.4

150.0
100.0
150.0
353.9
4,161.3
15,660.9

141.0
94.0
141.0
332.7
3,911.6
14,325.1

(9.0)
(6.0)
(9.0)
(21.2)
(249.7)
(1,335.8)

59,961.4
-

61,594.0
397.5

59,130.2
(4,652.7)
373.7

(2,463.8)
(4,652.7)
(23.9)

179.6
63,934.0

179.6
62,171.1

168.8
55,020.1

(10.8)
(7,151.1)

7,012.9
497.0

7,063.5
21.6
497.0

267.0
530.6

267.0
530.6

150.0
253.9
4,161.3
18,780.1

CENTRAL NM COMMUNITY COLLEGE
Instruction and general purposes
Federal CARES Stimulus SWAP
Dual Credit adjustment
Research & Public Service Projects:
Nurse expansion
Total CNM

FY21 House
Bill 2

(421.0)
(525.8)
(3.4)
(34.2)
(3.0)
(24.0)
(8.2)
(7.7)
(1,027.3)

(426.8)
(609.6)
(4.5)

6,781.0
(199.7)
20.3
467.2

(282.5)
(199.7)
(1.3)
(29.8)

251.0
498.8

(16.0)
(31.8)

167
168
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
211
212
213
214
215
216
217
218
218
219
220
221
222
223

 Institution / Program
(detail listed primarily in HB2 order, in thousands)
223
224
225
226
226
227
228
229
230
231
232
233
234
234
235
236
237
238
239
240
241
242
243
244
244
245
246
247
248
249
250
251
252
253
253
254
255
256
257
258
259
260
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278

FY20 OPBUD
with junior &
comp

Total LCC
MESALANDS COMMUNITY COLLEGE
Instruction and general purposes
Federal CARES Stimulus SWAP
Dual Credit adjustment
Athletics
Research & Public Service Projects:
Wind training center
Total MCC
NEW MEXICO JUNIOR COLLEGE
Instruction and general purposes
Federal CARES Stimulus SWAP
Dual Credit adjustment
Athletics
Research & Public Service Projects:
Oil & gas management program
Nurse expansion
Lea county distance education consortium
Total NMJC
SAN JUAN COLLEGE
Instruction and general purposes
Federal CARES Stimulus SWAP
Dual Credit adjustment
Research & Public Service Projects:
NEW- Center for Excellence - Renewable Energy
Dental hygiene program
Nurse expansion
Total SJC
CLOVIS COMMUNITY COLLEGE
Instruction and general purposes
Federal CARES Stimulus SWAP
Dual Credit adjustment
Research & Public Service Projects:
Nurse expansion
Total CCC
NEW MEXICO MILITARY INSTITUTE
Instruction and general purposes
Federal CARES Stimulus SWAP
Athletics
Knowles legislative scholarship program
Total NMMI
NM SCHOOL FOR BLIND & VISUALLY IMPAIRED
Instruction and general purposes
Research & Public Service Projects:
Early childhood center
Low vision clinic programs
Total NMSBVI
NM SCHOOL FOR THE DEAF
Instruction and general purposes
Research & Public Service Projects:
Statewide outreach services
Total NMSD
TOTAL GENERAL FUND

27

FY21 House
Bill 2

Special
Session
Revised HB2
Scenario

12,100.5

8,379.7

7,818.5

4,081.0
229.8

4,236.9
35.0
229.8

4,067.4
(99.5)
32.9
216.0

113.4
8,217.2

113.4
4,615.1

106.6
4,323.4

5,713.1
569.7

5,833.7
54.8
569.7

5,600.4
(560.5)
51.5
535.5

171.3
299.9
29.2
10,576.2

171.3
299.9
29.2
6,958.6

161.0
281.9
27.4
6,097.3

24,573.0
-

25,029.4
107.9

24,028.2
(1,368.6)
101.4

175.0
250.0
28,791.0

250.0
175.0
250.0
25,812.3

235.0
164.5
235.0
23,395.5

9,837.3
-

10,012.1
97.1

9,611.6
(428.9)
91.3

272.9
13,903.2

272.9
10,382.1

256.5
9,530.5

1,373.6
353.2
1,284.7
6,804.5

1,373.6
353.2
1,484.7
3,211.5

1,318.7
(207.8)
332.0
1,395.6
2,838.5

1,046.2

1,072.4

1,029.5

361.9
111.1
1,519.2

361.9
111.1
1,545.4

340.2
104.4
1,474.1

3,991.2

4,151.8

3,985.7

236.6
4,227.8

236.6
4,388.4

222.4
4,208.1

920,852.4

905,553.4

825,738.0

Differences in
Revised v HB2
Final
(561.2) 224
225
226
(169.5) 227
(99.5) 227
(2.1) 228
(13.8) 229
230
(6.8) 231
(291.7) 232
233
234
(233.3) 235
(560.5) 235
(3.3) 236
(34.2) 237
238
(10.3) 239
(18.0) 240
(1.8) 241
(861.3) 242
243
244
(1,001.2) 245
(1,368.6) 245
(6.5) 246
247
(15.0) 248
(10.5) 249
(15.0) 250
(2,416.7) 251
252
253
(400.5) 254
(428.9) 254
(5.8) 255
256
(16.4) 257
(851.6) 258
259
260
(54.9) 261
(207.8) 261
(21.2) 262
(89.1) 263
(373.0) 264
265
266
(42.9) 267
268
(21.7) 269
(6.7) 270
(71.3) 271
272
273
(166.1) 274
275
(14.2) 276
(180.3) 277
278
(79,815.4) 279

 Institution / Program
(detail listed primarily in HB2 order, in thousands)
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330

FY20 OPBUD
with junior &
comp

FY21 House
Bill 2

Special
Session
Revised HB2
Scenario

Differences in
Revised v HB2
Final

SUMMARY BY INSTITUTION (DFA Code)
New Mexico Institute of Mining & Technology (962)
New Mexico State University (954)
UNM Total (952)
University of New Mexico (952)
UNM Health Sciences Center (952)
Eastern New Mexico University (960)
New Mexico Highlands University (956)
Northern New Mexico College (964)
Western New Mexico University (958)
Central NM Community College (968)
Clovis Community College (977)
Luna Community College (970)
Mesalands Community College (972)
New Mexico Junior College (974)
San Juan College (976)
Santa Fe Community College (966)
Subtotal - Universities and Community Colleges
New Mexico Military Institute (978)
New Mexico School for the Deaf (980)
NM School for the Blind & Visually Impaired (979)
Subtotal - Special Schools
Grand Total Universities and Special Schools
New Mexico Higher Education Department (950)

42,821.4
214,205.9
333,556.8
230,509.9
103,046.9
51,945.4
36,278.6
15,788.7
25,772.7
63,934.0
13,903.2
12,100.5
8,217.2
10,576.2
28,791.0
18,780.1
876,671.7
6,804.5
4,227.8
1,519.2
12,551.5
889,223.2
39,689.2

40,115.4
216,571.2
338,110.1
233,547.7
104,562.4
50,439.4
33,554.3
11,866.8
23,276.9
62,171.1
10,382.1
8,379.7
4,615.1
6,958.6
25,812.3
15,660.9
847,913.9
3,211.5
4,388.4
1,545.4
9,145.3
857,059.2
48,494.2

37,609.7
199,772.8
313,052.9
215,301.3
97,751.6
46,829.7
31,277.4
10,839.5
21,476.7
55,020.1
9,530.5
7,818.5
4,323.4
6,097.3
23,395.5
14,325.1
781,369.1
2,838.5
4,208.1
1,474.1
8,520.7
789,889.8
35,848.2

(2,505.7)
(16,798.4)
(25,057.2)
(18,246.4)
(6,810.8)
(3,609.7)
(2,276.8)
(1,027.3)
(1,800.2)
(7,151.1)
(851.6)
(561.2)
(291.7)
(861.3)
(2,416.7)
(1,335.8)
(66,544.8)
(373.0)
(180.3)
(71.3)
(624.6)
(67,169.4)
(12,646.0)

TOTAL GENERAL FUND

928,912.4

905,553.4

825,738.0

(79,815.4)

428,712.4
194,653.1
62,207.2
6,411.0

439,513.5
198,649.5
63,148.0
6,597.8
2,036.0
2,161.9
10,720.6
3,379.4
17,230.4
3,312.2
16,151.0
32,343.2
110,309.9
905,553.4

421,913.0
190,703.5
60,622.1
(29,884.0)
6,333.9
1,913.8
2,032.2
10,077.4
3,176.6
16,196.6
3,113.5
15,505.0
20,343.2
103,691.3
825,738.0

(17,600.5)
(7,946.0)
(2,525.9)
(29,884.0)
(263.9)
(122.2)
(129.7)
(643.2)
(202.8)
(1,033.8)
(198.7)
(646.0)
(12,000.0)
(6,618.6)
(79,815.4)

SUMMARY BY MAJOR FUNCTION
University I&G
Community College I&G
UNM/HSC I&G
Federal CARES Stimulus SWAP
Special schools I&G
I&G Adjustments (Dual Credit)
Medical residencies
Nursing programs
Other Healthcare programs
Athletics
Educational Television
NMHED - Policy Dev. & Institutional Fin. Oversight
NMHED - Student Financial Aid
Other programs
TOTAL GENERAL FUND

1,761.9
8,798.3
2,779.4
16,580.4
3,312.2
17,496.0
22,193.2
101,663.0
866,568.1

HIGHER EDUCATION DEPARTMENT:
Policy Development and Institutional Financial Oversight (P505)
Personal Service and Employee Benefits (200)
Contractual Services (300)
Other (400)
P505 Subtotal
Student Financial Aid (P506)
P506 Subtotal
HED total

4,352.1
1,881.0
11,262.9
17,496.0
22,193.2
39,689.2

28

3,867.5
1,189.3
11,094.2

3,712.80
1,141.7
10,650.4

16,151.0

15,505.0

32,343.2
48,494.2

20,343.2
35,848.2

280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
311
312
313
314
315
316
317
318
319
320
321
322

323
324
(154.7) 325
(47.6) 326
(443.8) 327
(646.0)
(12,000.0)
(12,646.0)

328
329
330
331

 June 10, 2020

MEMORANDUM
TO:

Senator John Arthur Smith, Chair, Legislative Finance Committee
Representative Patricia Lundstrom, Vice Chair, Legislative Finance Committee

FROM:

Staff Economists of the Legislative Finance Committee, Taxation and Revenue Department,
Department of Finance and Administration, and Department of Transportation

THRU:

Acting Secretary Deborah Romero, Department of Finance and Administration
Secretary Stephanie Schardin Clarke, Taxation and Revenue Department
Director David Abbey, Legislative Finance Committee

CC:

Members of the Legislative Finance Committee

SUBJECT:

Consensus Revenue Estimating Group – June 2020 Special Session Revenue Update

Governor Michelle Lujan Grisham has called a special legislative session for June 18, 2020 to address the ongoing
effects of the novel coronavirus that causes COVID-19. To assist lawmakers in this process, the Consensus
Revenue Estimating Group (CREG) – comprised of economists from the Legislative Finance Committee (LFC),
the Department of Finance and Administration (DFA), the Taxation and Revenue Department (TRD), and the
Department of Transportation (DOT) – reviewed the expected fiscal and economic impacts of this public health
crisis and measures taken to contain the spread of the virus, as well as changes in global energy markets.
This memorandum summarizes the work and conclusions of the CREG and contains an updated consensus
revenue forecast for fiscal years 2020 through 2022. However, there remains considerable uncertainty surrounding
the potential outcomes for employment and various tax and revenue collections. In the following week, state
economists will receive a report of collections of income and gross receipts taxes for the month of April 2020.
Because April was the first full month of closures for non-essential businesses, this data may provide additional
insight on the depth of the revenue decline for FY20. As such, the CREG may provide an update to FY20 revenues
in a subsequent memo prior to the start of the 2020 special legislative session.
June 2020 Consensus General Fund Recurring Revenue Outlook (in millions)
FY20
FY21
FY22
December 2019 Consensus 1
$7,776.4
$7,870.5
$7,925.6
June 2020 Adjustments
($439.0) ($1,979.0) ($1,705.0)
June 2020 Consensus
$7,337.5
$5,891.5
$6,220.5
Change from Prior Year
-8.4%
-19.7%
5.6%
Based on the June 2020 forecast update, spending adjustments or reserve authorization will be required in the
upcoming special session to balance the FY20 budget. In FY21, without any changes, general fund revenues and
reserves would be insufficient to meet recurring appropriations, with general fund ending balances projected to
be negative 8.8 percent at the end of FY21.
Absent any changes, “new money,” defined as projected recurring revenues for FY22 less FY21 recurring
appropriations, is estimated at negative $1.4 billion for FY22.
While this forecast weighs all currently available information, the actual outcomes for the state’s finances will
depend on a variety of factors: the epidemiological path of the virus, the strategies for reopening the New Mexico
1

December 2019 consensus estimate adjusted for 2020 legislation
29

 and U.S. economies, the time it takes consumer confidence to rebound, the effect of business closures on the longterm viability of New Mexico’s businesses, the degree to which temporary layoffs become permanent, and the
impact of global oil supply and demand on oil prices and the associated effect on the state’s oil production.
Baseline Assumptions and Inputs. The CREG modeled potential revenue impacts using the latest macroeconomic
forecasts for the U.S. and New Mexico economies from IHS Markit, Moody’s Analytics, and UNM’s Bureau of
Business and Economic Research (BBER). A comparison chart of the economic indicators informing the
projections is attached to this memo.
The macroeconomic forecasts by IHS Markit and Moody’s Analytics show the national economy entering
recession in the first quarter of 2020 as restaurants, theatres, resorts, airlines, retail outlets, personal services, home
and vehicle sales, sporting events, and other activities began shutting down in March. Unlike most recessions,
which are caused by either a demand or supply-side shock, national and state economies face an unprecedented
economic event causing both supply and demand shocks simultaneously.
Although rapidly evolving economic conditions place significant uncertainty on the depth and duration of the
decline, both IHS Markit and Moody’s forecasts expect recovery to begin in the third quarter as states relax their
restrictions. Recovery, however, is expected to be gradual, and forecasts show the economy could take years to
reach pre-pandemic levels.
Widespread business closures and associated layoffs are expected to cause significant declines in personal income
tax and gross receipts tax (GRT) revenues. Low oil prices and declining production will significantly reduce
severance tax revenues, federal royalty payments, and GRT collections from drilling activity. Other revenues,
including corporate income tax, motor vehicle excise tax, gaming excise tax, and tribal revenue sharing, are also
expected to decline. Receipts from internet sales is a bright spot for New Mexico’s finances, as revenues were
outpacing original estimates before the spread of the virus and stay-at-home orders increased online shopping
activity.
As an energy-producing state, New Mexico’s finances are highly susceptible to changes in commodity prices and
produced volumes that affect all of the state’s major revenue sources, including severance taxes, federal royalty
payments, gross receipts tax, and personal income tax.
IHS Markit and Moody’s forecasts anticipate a prolonged period of low oil prices that has already led Permian
basin oil producers to drastically cut investment plans and shut-in wells. This market contraction will be
particularly detrimental to general fund revenues. Nearly 70 percent of revenue growth from FY18 to FY19 was
tied directly or indirectly to growth in the oil and gas industry, and current low oil prices and associated drilling
and production declines could eliminate a significant portion of recurring revenue for years to come.
In April 2020, New Mexico’s unemployment rate was 11.3 percent, according to the U.S. Bureau of Labor
Statistics (BLS). However, this data was collected in mid-April, and since unemployment claims have continued
to grow, the BLS figure may not have captured the extent of employment declines that month. BBER’s May 2020
New Mexico forecast projects employment declines will continue through the third quarter of 2020, after which
the state is expected to have small employment gains through mid-2021 and a stronger recovery through 2022.
However, BBER’s baseline forecast projects New Mexico’s employment levels will not recover to pre-recession
levels until 2025.
Stress-Testing. Recognizing the considerable risks to the forecast, the CREG performed a stress test of the revenue
estimate, the assumptions and results of which are shown in Attachments 3 and 4. Notably, even under an
optimistic scenario of faster-than-expected recovery in employment and oil prices, FY22 revenues could still be
about $930 million below the December 2019 consensus revenue estimate. Under a pessimistic scenario of a
prolonged recession and another collapse in oil prices, FY21 and FY22 recurring revenues could both come in
about $2.4 billion below the December 2019 estimate.

30

 Attachment 1

General Fund Consensus Revenue Estimate ‐ June 2020 Special Session Update

FY19

Revenue Source

Base Gross Receipts Tax
F&M Hold Harmless Payments
NET Gross Receipts Tax
Compensating Tax
TOTAL GENERAL SALES
Tobacco Taxes
Liquor Excise
Insurance Taxes
Fire Protection Fund Reversion
Motor Vehicle Excise
Gaming Excise
Leased Vehicle & Other
TOTAL SELECTIVE SALES

Dec 2019
Audited
Actual
   2,772.8
     (113.4)
2,659.4
78.3
2,737.7
75.4
25.3
216.3
152.5
64.9
8.7
543.2

FY20

FY21

%
Dec 2019
Change
Change
June 2020
Est.
from Prior
from
Est.
Legislation(Dec. 19)
FY19
Adjusted
      3,083.8    2,879.7      (204.1)
        (155.0)     (171.4)         (16.4)
2,928.8
2,708.3
(220.5)
82.9
55.0
(27.9)
3,011.7
2,763.3
(248.4)
88.6
23.2
206.1
16.9
150.0
66.5
8.3
559.7

84.0
24.1
206.1
16.9
118.8
47.1
7.4
504.5

$
Change
from
FY19

3.9%     106.9
51.1%     (58.0)
1.8%
48.9
-29.7%
(23.3)
0.9%
25.6

(4.6)
0.9
(31.2)
(19.4)
(0.9)
(55.2)

11.4%
-4.7%
-4.7%
n/a
-22.1%
-27.4%
-15.3%
-7.1%

8.6
(1.2)
(10.2)
16.9
(33.7)
(17.8)
(1.3)
(38.8)
(158.5)
    (54.0)
    (28.8)
(82.8)
(241.3)

Personal Income Tax
Gross Corporate Income Tax 
CIT Refundable Credits
NET Corporate Income Tax
TOTAL INCOME TAXES

1,672.0
       172.8
       (50.0)
122.8
1,794.8

1,623.3
1,513.5
(109.8)
         134.4       118.8         (15.6)
          (78.8)        (78.8)             ‐
55.6
40.0
(15.6)
1,678.9
1,553.5
(125.4)

-9.5%
‐31.3%
57.6%
-67.4%
-13.4%

Gross Oil and Gas School Tax
Excess to Tax Stabilization Reserve
NET Oil & Gas School Tax
Oil Conservation Tax
Resources Excise Tax
Natural Gas Processors Tax
TOTAL SEVERANCE TAXES

      555.4
     (182.8)
372.5
28.7
7.8
15.1
424.2

         588.4       504.3         (84.1)
        (206.4)     (114.7)         (91.7)
382.0
389.7
7.7
31.2
26.8
(4.4)
7.4
6.8
(0.6)
14.3
14.9
0.6
434.9
438.2
3.3

‐9.2%     (51.0)
‐37.3%     (68.2)
4.6%
17.2
-6.6%
(1.9)
-13.2%
(1.0)
-1.5%
(0.2)
3.3%
14.0

LICENSE FEES
LGPF Interest
STO Interest
STPF Interest
TOTAL INTEREST
Gross Federal Mineral Leasing
Excess to Early Childhood Trust Fund
NET Federal Mineral Leasing
State Land Office
TOTAL RENTS & ROYALTIES
TRIBAL REVENUE SHARING
MISCELLANEOUS RECEIPTS
REVERSIONS
TOTAL RECURRING
TOTAL NONRECURRING
GRAND TOTAL

      3,087.3    2,270.6      (816.7)
       (121.4)     (132.1)        (10.7)
2,965.8
2,138.5
(827.3)
85.4
35.8
(49.7)
3,051.3
2,174.3
(877.0)
88.0
23.2
215.1
17.4
153.5
68.8
8.3
574.4

84.0
23.8
191.9
17.4
107.8
54.0
6.7
485.6

638.7
86.9
220.6
946.2

671.8
82.1
225.3
979.1

673.0
92.4
225.3
990.7

1.2
10.3
11.5

1,146.8
132.5
1,279.3

         810.4
n/a
810.4
74.0
884.4

      809.9
n/a
809.9
65.0
874.9

           (0.4)
n/a
(0.4)
(9.0)
(9.4)

78.4
53.6

80.1
49.4

41.4
40.2

(38.7)
(9.2)

2.1%
-25.0%

(37.1)
(13.4)

46.2

-5.2%

(5.0)

40.0

40.0

-8.4% (672.0)

7,870.5

5,891.5

2.9

2.9

7,873.4

5,894.4

45.5

91.7
7,337.5

28.8

93.8

7,805.2

7,431.3

(99.2)
7,910.3

(439.0)

(374.0)

     (288.8) ‐38.8%         (195.6)
     (173.2) ‐100.0%         (114.7)
(115.6) -20.8%
(81.0)
(15.4) -39.6%
(10.6)
(1.2)
-7.4%
(0.5)
(0.5) -39.6%
(5.9)
(132.7) -22.4%
(98.0)

(16.2)

53.3

53.3

(0.0)

36.0%

14.1

34.3
5.5
4.6
44.5

696.5
59.5
229.4
985.4

719.9
14.8
234.3
968.9

23.4
(44.7)
4.9
(16.4)

7.0%
-84.0%
4.0%
-2.2%

46.9
(77.6)
9.0
(21.7)

         817.3
n/a
817.3
74.5
891.8

      388.1
n/a
388.1
55.1
443.2

     (429.2)
n/a
(429.2)
(19.4)
(448.6)

82.0
49.2

59.0
44.7

(23.0)
(4.5)

‐29.4%   (336.9)
n/a
n/a
-29.4% (336.9)
-50.9%
(67.5)
-31.6% (404.4)

65.0 -194.6%

(0.3)
(14.2)
0.5
(11.0)
6.9
(0.7)
(18.8)

193.0

-6.1% (479.0)

88.2
22.3
221.9
18.0
131.5
70.9
8.3
561.0

84.0
23.8
206.6
18.0
103.7
56.6
7.6
500.2

(4.2)
1.5
(15.3)
(27.8)
(14.3)
(0.7)
(60.8)

5.9%      133.7
‐10.5%        13.9
6.9%
147.6
5.9%
2.1
6.9%
149.7
0.0%
0.0%
7.7%
3.0%
-3.8%
4.8%
13.4%
3.0%

14.7
0.5
(4.1)
2.6
0.9
14.6

           618.6       346.6
          (119.0)           ‐
499.6
346.6
32.5
18.2
7.2
6.9
9.0
6.9
548.3
378.6

(13.6)

7,776.4

0.0%
-1.2%
-6.9%
3.0%
-9.3%
14.5%
-9.5%
-3.7%

        3,056.0    2,404.3      (651.7)
          (113.4)     (118.2)           (4.8)
2,942.6
2,286.1
(656.5)
88.0
37.9
(50.1)
3,030.6
2,324.0
(706.7)

         597.5       308.7
       (173.2)           ‐
424.3
308.7
31.6
16.2
7.5
6.3
9.5
9.0
472.9
340.2

39.2

96.7

‐21.2%         (609.1)
‐22.9%             39.3
-21.0%
(569.8)
-35.0%
(19.3)
-21.3%
(589.1)

1,700.6
1,375.2
(325.4)
5.9%
77.0
           132.4         87.6         (44.8) ‐13.8%      (14.0)
          (145.0)     (145.7)           (0.7) 24.1%      (28.3)
(12.6)
(58.1)
(45.5) 267.7%
(42.3)
1,688.1
1,317.1
(370.9)
2.7%
34.7

52.8

5.4%
6.4%
2.1%
4.7%

(4.0)
0.6
(23.2)
(45.7)
(14.8)
(1.6)
(88.8)

$ Change
from FY20

%
Dec 2019
$ Change
Change
Change
June 2020
Est.
from
from Prior
from
Est.
LegislationFY21
(Dec. 19)
FY21
Adjusted

1,654.1
1,298.2
(356.0) -14.2%
(215.3)
         133.1       101.6         (31.5) ‐14.5%            (17.2)
       (116.9)     (117.4)           (0.5) 49.0%            (38.6)
16.2
(15.8)
(32.0) -139.5%
(55.8)
1,670.3
1,282.4
(388.0) -17.5%
(271.1)

55.4

8,009.5

-29.2%

FY22

Dec 2019
%
Change
Est.
Change
June 2020
from Prior
Legislationfrom
Est.
(Dec. 19)
FY20
Adjusted

(1,979.0)
(1,979.0)

‐52.1%         (421.9)
n/a
n/a
-52.1%
(421.9)
-15.2%
(9.9)
-49.3%
(431.8)
2.4%
11.2%

17.6
4.5

     (272.0)
     (119.0)
(153.0)
(14.3)
(0.3)
(2.1)
(169.7)

54.0

54.0

737.4
66.8
236.7
1,040.9

759.6
1.2
241.2
1,002.0

22.2
(65.6)
4.5
(38.9)

5.5%
-91.9%
3.0%
3.4%

39.7
(13.6)
6.9
33.1

           829.8       439.6
            (75.0)           ‐
754.8
439.6
74.7
55.9
829.5
495.5

(390.2)
       (75.0)
(315.2)
(18.8)
(334.0)

13.3%
n/a
13.3%
1.5%
11.8%

51.6
n/a
51.6
0.8
52.4

(21.7)
(2.4)

2.2%
5.2%

3.2
2.3

83.8
49.4

62.1
47.0

-56.4%

(51.7)

40.0

40.0

-19.7%

(1,445.9)

7,925.6

6,220.5

-96.9%

(90.9)

-20.7%

(1,536.9)

-

12.3%        37.9
n/a          ‐
12.3%
427.6
12.3%
2.0
9.5%
0.6
-23.3%
(2.1)
11.3%
38.4

(1,705.0)
-

7,925.6

6,220.5

(1,705.0)

1.2%

0.7

0.0%

-

5.6%

329.0

n/a
5.5%

(2.9)
326.1

Note: Columns in blue show difference between June 2020 Consensus Revenue Estimate and December 2019 Consensus Revenue Estimate
Note: Columns in red show year-over-year growth expected in the June 2020 Consensus Revenue Estimate

31

6/8/2020

 Attachment 2
U.S. and New Mexico Economic Indicators
6/8/2020

Dec 19
Forecast

FY20
May 20
Baseline
Scenario

Dec 19
Forecast

FY21
May 20
Baseline
Scenario

Dec 19
Forecast

FY22
May 20
Baseline
Scenario

May 20
Pessimistic
Scenario

May 20
Pessimistic
Scenario

May 20
Pessimistic
Scenario

IHS
US Real GDP Growth (annual avg.,% YOY)*
Moody's US Real GDP Growth (annual avg. ,% YOY)*

2.0
2.0

-1.6
-1.2

-3.4
-1.5

2.2
1.5

-3.9
-3.8

-12.7
-7.2

1.7
2.9

6.7
5.3

12.2
3.2

IHS
US Inflation Rate (CPI-U, annual avg., % YOY)**
Moody's US Inflation Rate (CPI-U, annual avg., % YOY)**

2.0
1.8

1.6
1.6

1.6
1.4

1.6
2.3

1.1
1.0

-0.8
-1.4

2.2
2.4

1.7
2.9

-1.0
1.4

IHS
Federal Funds Rate (%)
Moody's Federal Funds Rate (%)

1.8
1.8

1.3
1.3

1.3
1.3

1.8
1.4

0.1
0.1

0.1
0.1

2.3
2.0

0.1
0.1

0.1
0.1

BBER
NM Non-Agricultural Employment Growth (%)
Moody's NM Non-Agricultural Employment Growth (%)

1.7
1.9

-3.3
-1.7

-3.7
-1.9

1.2
0.1

-9.1
-3.2

-14.1
-5.0

1.0
0.4

6.2
2.0

6.2
0.2

BBER
NM Nominal Personal Income Growth (%)***
Moody's NM Nominal Personal Income Growth (%)***

5.7
4.6

5.8
3.7

5.8
3.4

3.8
2.8

3.5
-0.3

-1.4
-3.6

4.5
3.6

-2.1
3.0

-6.2
0.6

BBER
NM Total Wages & Salaries Growth (%)
Moody's NM Total Wages & Salaries Growth (%)

5.8
5.2

1.6
1.2

1.1
1.0

4.8
2.1

-6.0
-3.5

-12.6
-6.9

3.9
1.8

7.2
3.4

4.8
-0.1

BBER

5.4

0.5

-0.2

4.7

-8.9

-18.0

4.1

9.5

6.3

1.9
3.4

-0.5
0.3

-0.5
0.1

1.2
1.9

-4.7
-1.8

-9.9
-5.1

1.3
2.7

6.6
5.2

7.8
3.2

National Economic Indicators

New Mexico Economic Indicators

NM Private Wages & Salaries Growth (%)

BBER
NM Real Gross State Product (% YOY)
Moody's NM Real Gross State Product (% YOY)
CREG
CREG

NM Gross Oil Price ($/barrel)
NM Net Oil Price ($/barrel)*****

$52.00
$45.75

$42.50
$37.32

$40.00
$35.12

$50.00
$44.00

$31.00
$27.22

$25.00
$21.95

$50.00
$44.00

$41.00
$36.00

$29.50
$25.90

CREG

NM Taxable Oil Volumes (million barrels)
NM Taxable Oil Volumes (%YOY growth)

350.0
16.5%

355.0
1.4%

345.0
-1.4%

360.0
2.9%

255.0
-28.2%

190.0
-44.9%

365.0
1.4%

225.0
-11.8%

165.0
-13.2%

CREG
CREG

NM Gross Gas Price ($ per thousand cubic feet)****
NM Net Gas Price ($ per thousand cubic feet)*****

$2.10
$1.26

$2.00
$1.20

$1.90
$1.14

$2.25
$1.47

$2.20
$1.44

$2.00
$1.31

$2.50
$1.67

$2.35
$1.57

$2.15
$1.43

CREG

NM Taxable Gas Volumes (billion cubic feet)
NM Taxable Gas Volumes (%YOY growth)

1,610
3.1%

1,755
9.0%

1,740
8.1%

1,625
2.9%

1,515
-13.7%

1,350
-22.4%

1,650
1.4%

1,415
-6.6%

1,260
-6.7%

Notes
* Real GDP is BEA chained 2012 dollars, billions, annual rate
** CPI is all urban, BLS 1982-84=1.00 base
***Nominal Personal Income growth rates are for the calendar year in which each fiscal year begins
****The gross gas prices are estimated using a formula of NYMEX, EIA, and IHS Markit (November) future prices
*****The net oil and gas prices represent calculated prices based on taxable values of the product after deductions for transportation, processing, and royalties
Sources for Baseline Scenario: BBER - May 2020 FOR-UNM baseline. IHS Global Insight - May 2020 baseline.
Sources for Pessimistic Scenario: BBER - May 2020 FOR-UNM pessimistic. IHS Global Insight - May 2020 pessimistic.
DFA Notes
* Real GDP is BEA chained 2012 dollars, billions, annual rate
** CPI is all urban, BLS 1982-84=1.00 base.
***Nominal Personal Income growth rates are for the calendar year in which each fiscal year begins
****The gross gas prices are estimated using a formula of NYMEX, EIA, and Moodys January future prices
*****The net oil and gas prices represent calculated prices based on taxable values of the product after deductions for transportation, processing, and royalties
Sources: May 2020 Moody's economy.com baseline

332

 Attachment 3

NM Gross Receipts:

Employment:

Oil and Gas:

Potential Outcomes that
Cause Scenario

June 2020 CREG Forecast Sensitivity Analysis – Outcomes and Assumptions
Baseline (Consensus Forecast)

Pessimistic

Optimistic

New U.S. COVID-19 infections taper by third quarter, but consumer
spending hard hit in second quarter.
• Phased reopening of the economy is underway, but this will slow
curtailment of the pandemic, discouraging many consumers from
resuming previous spending habits and thus slowing recovery in
consumer spending.
• April 2020 was the trough of economic activity, with recovery
underway thereafter.
• Large, broad-based layoffs in April, with recovery beginning in May
with the easing of restrictions, but takes 4 years for employment to
recover to pre-pandemic levels.
• Fiscal stimulus prevents even steeper declines but does little to
stimulate demand.
• Monetary policy ensures normal functioning of financial markets.
• U.S. oil prices average in the $30s in second half of 2020, and
average in the $40s in 2021 and 2022.
• Permian production begins declines in 2020-Q2; rig counts drop
sharply in April and May, then continue slow declines through end
of 2020 before beginning to recover in 2021.
• Shut-in wells come back online as prices gradually recover, but low
rig counts and limited new drilling causes New Mexico oil
production to fall 28 percent in FY21. In FY22, new drilling is
unable to offset decline rates and production falls another 12
percent.
• Declines in Permian oil production and shut-in of uneconomical
wells leads to significant declines in associated natural gas
production.
• New Mexico unemployment reaches 14 percent to 17 percent in
2020-Q2, with jobs losses concentrated in retail, leisure &
hospitality, administrative services, mining and construction.
• Job recovery begins in the late summer and fall, but unemployment
remains high throughout FY21, recovering to about 8.5 percent by
FY22.
• Total wages and salaries remain below peak levels through end of
FY22. Employment below peak levels through end of 2024.
• Social distancing restrictions and low consumer spending have
significant effects on 2020-Q2 gross receipts, leading to overall
declines in FY20 receipts from Bernalillo and other counties
excluding Eddy and Lea.
• Drop-off in rig counts and drilling activity causes sizeable declines
in gross receipts in Eddy and Lea counties and out-of-state
receipts, which leads to reduced growth in FY20 and receipts falling
considerably in FY21.
• The state benefits from a bump in online sales that is stronger than
originally estimated, but it fails to offset declines in out-of-state
receipts.
• Slow recovery of consumer spending furthers declines in FY21 with
a modest recovery in FY22 that is still below 2019 levels.

Economy experiences an even larger, longer
hit to production, employment, and income.
• Slower recovery of consumer spending than
in the baseline.
• Potential for reopening of the economy and
“social distancing fatigue” to result in second
wave of COVID-19 in the fall of 2020.
• Federal fiscal and monetary policy fails to
stimulate demand, and business fixed
investment faces a more prolonged
contraction.
• Major industry impacts cause irreparable
harm to businesses, hampering workforce
recovery.
• Second wave causes another collapse in
U.S. oil prices.
• Permian rig counts drop below lowest levels
in 2016 downturn and remain low for longer.
• Severe limitations on new drilling spurs New
Mexico production to follow the natural rate
of decline.
• New Mexico oil production in FY21 falls to
FY17 levels and limited new drilling leads to
continued production declines into FY22.
• Greater declines in associated natural gas
production.

Less severe recession in first half of 2020
followed by a quicker recovery.
• The spread of COVID-19 is less threatening
than the baseline forecast as stay-at-home
orders are gradually lifted and social
distancing guidelines are properly observed.
• Potential for discovery of an effective
treatment for the virus.
• Increased consumer confidence leads to
more rapid rebound in spending.
• Fiscal and monetary policy measures are
more effective in mitigating the economic
damage, allowing for a more expedient
recovery in private sector demand.
• Faster recovery of oil prices than the baseline,
with U.S. oil prices averaging in the $40s in
second half of 2020 and recovering into the
$50s by 2022.
• Permian rig counts continue decline into
2020-Q3 but bottom-out higher than in the
baseline and then begin recovery.
• Reduced capital spending still leads to New
Mexico oil production declines, but FY21
declines are less severe than the baseline.
• Investment in new drilling is higher than the
baseline, with oil production growing in FY22,
but still below peak levels.
• Job losses in 2020-Q2 and Q3 are not as
steep as the baseline but recover at a similar
rate.
• Employment and total wages and salaries
reach pre-pandemic levels slightly faster than
the baseline.

• Similar to baseline in 2020-Q2 job losses,
but with a weaker recovery.
• Still takes 5+ years for jobs to recover to previrus levels.
• Recovery concentrated in low-wage sectors,
taking over 5 years for total wages and
salaries to return to previous peaks.

• Prolonged pullback in drilling activity leads to • Gross receipts decline less in 2020-Q2 and
even greater declines in Eddy and Lea
Q3 than the baseline.
counties and out-of-state receipts.
• Increased consumer spending leads to
• Slower economic recovery and potential
stronger statewide growth in gross receipts
second wave of infections causes greater
than the baseline.
FY21 declines in receipts in the rest of New
• Less severe declines in rig counts lessens the
Mexico and limited recovery of gross
drop in Eddy and Lea counties and out-ofreceipts in FY22.
state receipts in FY21, and faster rebound in
• Total net GRT collections fall near FY16
oil investment causes stronger growth in
levels by FY21, a drop of nearly a billion
FY22.
dollars below the December 2019 forecast.

33

 Attachment 4

Stress-Testing the June 2020 Revenue Estimate

General Fund Recurring Revenue Sensitivity Analysis
(in millions)
$9,000

Pessimistic

$8,500

Optimistic

$8,000

June 2020 Consensus

$7,500

December 2019 est.

$168
$850

-$78

$7,000

$590

$6,500
$6,000
$5,500
$5,000

-$454

-$695

FY21

FY22

$4,500
$4,000
FY15

FY16

FY17

FY18

FY19

FY20

Source: June 2020 Consensus
Revenue Estimate

*Analysis includes all general fund revenue and any distributions to reserve funds of
severance taxes and federal mineral leasing revenues.

Revenue Scenarios, Difference
from Baseline Forecast

Optimistic
FY20

FY21

Pessimistic
FY22

FY20

FY21

FY22

Severance Taxes

$0

$111

$119

-$2

-$110

-$146

Federal Mineral Leasing

$12

$147

$281

-$8

-$115

-$174

Gross Receipts Taxes

$39

$124

$187

-$37

-$149

-$256

Income Taxes

$46

$164

$220

-$2

-$52

-$94

Other Revenues

$71

$44

$44

-$28

-$28

-$24

Total Difference from Baseline

$168

$590

$850

-$78

-$454

-$695

Difference from Dec 2019 est.

-$271

-$1,389

-$930

-$517

-$2,433

-$2,475

Note: dollars in millions

Total Distributions to Reserves
Scenario

FY20

FY21

FY22

December 2019 Est.

$206

$173

$194

June 2020 Baseline

$115

$0

$0

Optimistic

$125

$18

$125

Pessimistic

$74

$0

$0

Note: dollars in millions; reflects estimated excess of the five-year average for oil
and gas emergency school tax for FY20 through FY22, and excess of the fiveyear average for federal mineral leasing payments for FY22

34

 Attachment 5

New Mexico Real Gross State Product,
Annualized Percent Change (Quarter to Quarter)

U.S. Real GDP Forecasts
(trillions)
30

$20
$19

20

$18

10

$17

New Mexico Total Employment
Forecasts (in thousands)

900
850
800

0

$16

Great Recession

750
-10

$15
$14

-20

700

$13

-30

650

27.8

$7.5

25

26.1

Continued Claims

$7.0

Initial Claims

$6.5

18.1

$5.5

44.8

15

$5.0

Recurring Appropriations
June 2020 Consensus Forecast
December 2019 Consensus Forecast
Pessimistic
Optimistic
Note: Dec 2019 forecast is adjusted
for 2020 legislation

Source: Consensus
Revenue Estimate,
June 2020

5
0

20.1
9.3

FY22

2007Q1
2008Q1
2009Q1
2010Q1
2011Q1
2012Q1
2013Q1
2014Q1
2015Q1
2016Q1
2017Q1
2018Q1
2019Q1
2020Q1
2021Q1
2022Q1
2023Q1
2024Q1
2025Q1

2022Q3

2021Q3

2021Q1

2022Q1

100

60

13.7

8.0

40
7.4
20
5.9

Source: BBER May 2020 Forecast

0.9

0

Source: U.S. Department of Labor, N.M. Workforce Solutions Department

35

400

$80

350

$70

300

$60

250

$50

200

$40

150

$30

100

$20

50

$10

0

$0
FY17

1/4/20
1/11/20
1/18/20
1/25/20
2/1/20
2/8/20
2/15/20
2/22/20
2/29/20
3/7/20
3/14/20
3/21/20
3/28/20
4/4/20
4/11/20
4/18/20
4/25/20
5/2/20
5/9/20
5/16/20
5/23/20
5/30/20

FY21

10.1

$4.0

13.6
12.1

10

$4.5

120

80

62.7

20

$6.0

94.1
96.2
101.1
103.9
105.6
108.3

30

$8.0

Optimistic

New Mexico Oil Production and Prices
(barrels in millions, dollars per barrel)

New Mexico's Weekly Unemployment
Insurance Initial Claims vs. Continued
Claims (in thousands)

81.0

$8.5

FY20

2020Q3

Baseline
Pessimistic 2

Source: Moody's Analytics, May 2020 Forecast

General Fund Recurring Revenues
and Appropriations (billions)

FY19

600

BEA Annualized Growth Rate
Moody's Baseline Forecast
Moderate Recession

Source: IHS Markit, May 2020 Forecast

FY18

2020Q1

2019Q3

2019:Q1

2018:Q3

2018:Q1

2017:Q3

2017:Q1

2016:Q3

2016:Q1

2015:Q3

2015:Q1

Optimistic (20% probability)
Baseline (45% probability)
Pessimistic (35% probability)

2014:Q3

-40
2014:Q1

2019:3
2019:4
2020:1
2020:2
2020:3
2020:4
2021:1
2021:2
2021:3
2021:4
2022:1
2022:2

$12

FY18

FY19

FY20

FY21

FY22

NM Oil Production - Dec 2019 Forecast
NM Oil Production - June 2020 Forecast
NM Oil Price - Dec 2019 Forecast
NM Oil Price - June 2020 Forecast
Source: Consensus Revenue Estimates, December 2019 and June 2020

 Federal Emergency Funding FY20-FY21
(in millions)

Indirect to Local Gov,
State Grantees, etc

FY21

FY20

Appropriations
Public School Support
SEG*

$

108,031.9

$

22,262.7

$
$

542.9
130,837.5

Comments

90% of estimated Elementary and Secondary School Emergency Relief (ESSER) grant, distributed to schools like Title I grants, appropriated through
9/30/21

Categorical
Related
924 Public Education Dept.
Total Public Education

$

-

Governor's Emergency Education Relief Fund - also eligible for HEIs, ECE, and other education related entities
ESSER overhead for PED
$

-

Higher Education

Public colleges and universities have received for their institutional share more than $32 million, a combination of the federal CARES Act and Minority
Serving Institutions shares. In addition, UNM HSC has received $20.3 milliion.

I&G

HIGHER ED FUNDING can be used through FY22. The spreadsheet books the student share in FY20 because institutions already have received these funds,
and the institutional share is booked in FY21 because institutions are incurring costs in FY20 and FY21, and most institutions have not yet received this
distribution. According to the US. Department of Education, 50 percent of CARES funding must be directed to students (booked as FY20 spending), with
remaining allowed to reimburse institutions for instruction costs or other costs related to COVID-19, such as housing, food service, or new online
program infrastructure (booked in FY21).

$

28,083.8

Direct Payments to Minority Serving Institutions $

9,119.7

Direct Payments to Minority Serving Institutions $

4,228.4

Tribal Colleges Stimulus Act

Higher Education Department
Total Higher Ed.

$

28,083.8

$

2,981.8

Minority serving institutions to-tribal colleges, share of total
Minority serving institutions to public non-tribal colleges, share of total
$

$

41,431.9

Tribal Colleges: Allocation to tribal or congressionally chartered colleges.

$

31,065.6

$
$

-

200 Courts
250 District Attorneys
280 Public Defender
333 TRD

341 Department of Finance & Admin

$

12,329.0

$

Albuquerque received a direct allocation of $150.4 million; BernCo received $31.8 million (only local govt. units with populations over 500,000 are eligible
for direct allocations)
Round 1 - CDBG:
186,361
$6,814,000 for state CDBG
$4,179,000 for local CDBG
Round 2 - CDBG: $5,515,000 for states

344 DFA (Special Approps)
350 General Services Department
418 Tourism
419 Economic Development Dept.

$

1% of $100 million for PPE for first responders through the assistance to firefighters grants, administered by the state fire marshal’s office. PRC did not
apply for the $1 million, due to lack of fudning to cover match.
National Endowment for the Arts grants ($433k), Institute of Museum and Library Services ($189k)

430 Public Regulation Commission
505 Cultural Affairs Department

$

2,200,983.7 First round of PPP = $1.4 billion in Small Business Administration (SBA) emergency grants. Second round of PPP as of May 30th (ongoing)= $776.5 million

622.4

521 Energy, Minerals & Natural Res Dept.

DOE received funding but unclear if any will go to state agencies.

550 State Engineer

Bureau of Reclamation received funding for "water and related resources" but unclear if any will go to state agencies.

611 Early Childhood Education & Care Dept.

Funding accounted for in CYFD in FY20 but could carryforward in to FY21

624 Aging & Long-Term Care Dept.

$

1,479.0

630 Medicaid & Medicaid BH

$

132,000.0

630 Other Human Services

$

71,500.0

631 Workforce Solutions Dept.

$

5.3

Home-delivered & congregate meals
$

132,000.0

$

196,800.9 $132M 6.2% FMAP increase for 2 quarters during federally-declared emergency in FY20 so far, $2M SAMHSA, NM Hospital & HC providers-$196.8M
Fed Funding designated so far in FY20-$2.5M Food bank commodities, $7.2M emergency food TEFAP, approx $55M for SNAP, Note-$6.8M CDBG

$

UI base & supplement - $5.3 million
3.0
Dislocated Worker Grant - $3 million

36

 Federal Emergency Funding FY20-FY21
665 Department of Health

$

42,223.0

$

<1% of CDC $4.3 billion for public health preparedness and response including funding to state and local public health responders and reimbursements.
This is really unknown, since there is little developed guidance has been developed how this funding will be granted. Rural health care could get $13
million (not captured in DOH $35) but already seing signifncant revenue decline due to inability to provide non-emergency healthcare services.

77,284.0

667 Environment Department

690 Children, Youth & Families Dept.

$

29,433.0

$

545.0

$

EPA received funding but unclear if any will go to state agencies.
Childcare assistance (ECECD) - $29 million
Child Welfare Services - $245
586.0 Family Violence Prevention - $300
Youth Services (Runaway, Transitional Living and RHY ED) - $586

705 Department of Military Affairs

$

1 percent estimate of total additional funding for army and air national guards in CARES Act for personnel, operation, and maintenance to prevent,
14,911.7 preapre for, and respond to coronavirus, domestically or internationally. Additional available federal funding and federal emergency declaration may
allow the New Mexico National Guard to undertake operations that would otherwise require state emergency funding.
No specific funding. Eligible for expanded Byrne justice assistance grants via DPS, but did not apply in the spring 2020 application cycle. May be eligible
for disaster relief funds via DHSEM/FEMA.

770 Department of Corrections

790 Department of Public Safety

795

$

Department of Homeland Security and
Emergency Management

605.9

$

959.8

370 Secretary of State

$

3,889.0

805 Department of Transportation

$

126,600.0

$

$

All Other Agencies^

$

Expanded Byrne justice assistance grants ($850 million total). DPS will be administering about $6.1 million of these funds through an application process
available to all criminal-justice-involved entities (including state and local government agencies). DPS is using $605.9 thousand for expenses related to
8,845.1 grant administration (some is being expended in FY20 but will likely carry over into FY21, as grants will be ongoing and department anticipates conducting
two application cycles (one was completed this spring and one is anticipated in early 2021). Additionally, FFIS reports local goverment entities will be
receiving about $3.4 million in grants directly from DOJ. DPS may also be eligible for Disaster Relief Funding via DHSEM.
FEMA has obligated $24.9 million for public assistance funding to New Mexico, including state agencies and local government entities; leveraging these
funds may require a 25 percent local match. FEMA has awarded a $1.1 million FFY2020 supplemental emergency management performance grant to
New Mexico; based on prior allocations, this estimate allocates 85 percent of the grant funds to DHSEM for direct agency expenditure and 15 percent for
25,069.4
indirect awards to other entities, but DHSEM has not announced how it will be allocating these funds. DHSEM, along with other state and local
government entities, may be able to leverage more of the $95 billion in disaster relief funding allocated by the federal emergency declaration and CARES
Act.
1,500,000.0 1% of $150B grants to local & state authorities to fight covid-19
To prevent, prepare for, and respond to the coronavirus for the 2020 federal election cycle
The $126 million will be distributed through existing formulas on a reimbursement basis to make transit opperators whole. The funding has numerous
restrictions on use. It is likely DOT will use the funds to pay the local government match for federal money in coming years. The additional federal funding
is worth approximately 2.8 times the annual approtionment for these purposes.
Total of $150B grants to "state and local authorities" to fight covid-19

Emergency Food and Shelter Program

Coronavirus Relief Fund small state minimum

$

1,825.2

Funding is granted to nonprofits and government entities providing human services via a national board chaired by FEMA in partnership with several large
nonprofit groups. Funds can be used for a broad range of services, including mass shelter; mass feeding; food distribution through food pantries and food
banks; one-month assistance with rent or mortgage payments, and/or utility payments, to prevent evictions; and transition assistance from shelters to
stable living conditions. Actual awards under the CARES Act expanded funding for this program exceed FFIS estimate of $1.6 million.
For COVID19 expenditures incurred 3/1/20-12/30/20. Cannot use for revenue gaps due to <state $ or to backfill state appropriated funds e.g. $750.0
governor emergency funds

$

1,250,000.0

Subtotal Section 4 $

1,700,749.3

$

384,061.1 $

4,135,386.0

Grand Total $

1,700,749.3

$

384,061.1

4,135,386.0

$

37

 Potential Cost Centers for CARES Act State/Local Relief Fund
Fiscal Year 20
1
2

Agency
Code
624

Agency Name
Aging and Long Term Services

Program
Aging Network

FY

Comments
Reported by ALTSD on 4/13: $50.4 GF and $779.1 executive emergency funds.
829.5 Spending mostly for PPE and food delivery

Swap Amount

20 $

Various COVID-19 executive order funding N/A
3
690

Children, Youth and Families

Early Childhood

690

Children, Youth and Families

Juvenile Justice
Services

690

Children, Youth and Families

Protective Services

690

Children, Youth and Families

4

5
6

7
8 690
9 630
10 630

790

Children, Youth and Families
Human Services Department
Human Services Department

Behavioral Health
Services
Program Support
Income Support
Program Support

Department of Public Safety

Law Enforcement

11
12 665
13 665

Department of Health
Department of Health

Epi and Response
Public Health

665
14
15 993

Department of Health

Laboratory Services

Public School Support

SEG

770

Corrections Department

770

Corrections Department

Community Offender
Management

795

Department of Homeland Security
and Emergency Management

Homeland Security
and Emergency
Management

17,826.7

20 $

8,900.0

20 $

5,460.0

20
20
20
20

2,422.0
1,370.0
110.0
1,000.0

$
$
$
$

20 $
20 $
20 $
20 $
20 $

705

Department of Military Affairs

National Guard
Support

20 $

18

18

I&G, categorical,
and RPSPs
Fiscal Year 20 Subtotal

952-980 Higher Education Institutions

20 $

20 $
20 $
$

Includes 50% of PS&EB, Contracts and Other Expenses from April 1 to June 30
Includes 30% of Program Support Cost from April 1 to June 30
Cleaning & sanitizing buildings, masks
6 months secretary and portion of other salaries
100 percent FY20 OpBud GF amount for PS&EB (less $930 thousand BAR for a
category transfer out of PS&EB) for three months; 100 percent FY20 OpBud
medical supplies line item for three months; extrapolates three months of COVID19-coded expenditures based on two months of expenditures recorded to date
22,285.6 (including additional PS&EB expenses)
3,347.0 GF allotments of March, April, May and June
16,821.2 GF allotments of March, April, May and June
2,581.2 GF allotments of March, April, May and June
511,467.2 GF allotments of March, April, May and June (50% assumed)

790

Department of Public Safety

Law Enforcement

795

Department of Homeland Security
and Emergency Management

Homeland Security
and Emergency
Management

705

Department of Military Affairs

National Guard
Support

21 $

23

24

Corrections Department

Inmate Management
and Control

Corrections Department

Community Offender
Management

690

Children, Youth and Families

Juvenile Justice
Services

690

Children, Youth and Families

Protective Services

690

Children, Youth and Families

770
25

21 $

21 $

21 $
770

26

29
30 690

Children, Youth and Families

Behavioral Health
Services
Program Support

Epi and Response,
Public Health,
31 665
Department of Health
Laboratory Services
I&G, categorical,
952-980 Higher Education Institutions
and RPSPs
32
33 993
Public School Support
SEG
34
Fiscal Year 21 Subtotal

21 $
21 $
21 $
21 $
21 $

21 $
21 $
21 $
$

2

3

4

5
6
7
8
9
10

11
12
13
14
15

100 percent of FY20 OpBud GF amount for PS&EB (less a $3.6 million BAR for a
category transfer out of PS&EB) for three months plus estimated three-month cost
of operating NENMCF (not accounted for in FY20 OpBud); 100 percent of FY20
OpBud amount for medical supplies line item for three months; 50 percent
estimated medical contract cost (using $558 Medicaid PMPM rate and minimum
inmate population) for three months; 50 percent of FY20 OpBud GF amount for
45,214.4 private prisons (excluding NENMDF, now NENMCF and under state operation).
16
100 percent of FY20 OpBud GF amount for PS&EB (less a $400 thousand BAR
for a category transfer out of PS&EB) for three months; 100 percent of FY20
OpBud medical supplies line item for three months; $45 thousand component of
5,527.6 BAR (category transfer from PS&EB) for COVID-19-related expenditures.

574.3 100 percent of FY20 OpBud GF amount for PS&EB for three months.
100 percent of FY20 OpBud GF amount for PS&EB for three months and 50
percent of FY20 OpBud GF amount for contractual services and other categories
1,359.5 for three months.
207,500.0 State higher education funding for three months (does not include HED)
889,656.3

Fiscal Year 21 Subtotal

22

28

20 $

20 $

17

27

35,060.1

Inmate Management
and Control

16

19
20
21

20 $

Total EO funding for all agencies related to COVID-19 (can provide breakout if
needed) excluding ALTSD funds (which EO records have at $750 thousand). Also
includes DHSEM COVID-19-related expenditures charged to standing EOs and
DMA expenditures charged to standing EO since March.
Includes $4 million for both March and April in general fund spending for childcare
assistance in addition to $5.8 million spent in March for Covid-19 related spending
emergency rules. Estimate $4 million in private provider PreK spending for March
and April.
Includes 50% of facilities and field staff pay, 50% of contract services, plus an
additional $500 thousand for contract nurse services, and $600 thousand in
supplies from April 1 to June 30.
Includes 20% of PS&EB costs, 10% of contracts and 7% of other supplies and
expenses from April 1 to June 30

1

17

18

18
19
20
21

100 percent FY21 OpBud GF amount for PS&EB for six months; 100 percent
FY21 OpBud medical supplies line item for six months; extrapolates six months of
COVID-19-coded expenditures based on two months of expenditures recorded to
48,778.7 date (including additional PS&EB expenses)
22

1,346.4 100 percent of FY21 OpBud GF amount for PS&EB for six months.
23
100 percent of FY21 OpBud GF amount for PS&EB for six months and 50 percent
of FY21 OpBud GF amount for contractual services and other categories for six
2,904.7 months.
24
100 percent of FY21 OpBud GF amount for PS&EB for six months; 100 percent of
FY21 OpBud amount for medical supplies line item for six months; 50 percent
estimated medical contract cost (using $558 Medicaid PMPM rate and minimum
inmate population) for six months; 50 percent of FY21 OpBud amount for care and
95,314.7 support (private prisons)
25
100 percent of FY21 OpBud GF amount for PS&EB for six months; 100 percent of
12,039.7 FY21 OpBud medical supplies line item for six months.
Includes 50% of facilities and field staff pay, 50% of contract services,and $600
16,500.0 thousand in supplies from July 1 to December 30.
Includes 20% of PS&EB costs, 10% of contracts and 7% of other supplies and
10,920.0 expenses from July 1 to December 30
Includes 50% of PS&EB, Contracts and Other Expenses from July 1 to December
10,715.0 30
910.0 Includes 10% of Program Support Cost from July 1 to December 30

29
30

55,864.2 GF allotments July-Dec (pre-special session opbud)

31

26
27
28

129,000.0 40% of State higher education I&G funding for six months (does not include HED) 32
809,330.8 GF allotments for July - December (50% assumed, pre-special session)
32
1,193,624.2
32

38

 Baseline Count of Positions and Employees/Headcount
(21 Largest Agencies)
Apr-20

FY09
Top 21 Agencies
23200
24400
25200
28000
33300
35000
42000
50500
51600
52100
55000
63000
63100
64400
66500
66700
69000
77000
79000
80500
92400

2nd Judicial District Court
Bernalillo County Metropolitan Court
2nd Judicial District Attorney
Public Defender
Taxation & Revenue Dept.
General Services Dept.
Regulation & Licensing Dept.
Department of Cultural Affairs
Department of Game and Fish
Energy, Minerals & Ntrl Rsrcs Dept.*
Office of the State Engineer
Human Services Dept.
Dept. of Workforce Solutions
Division of Vocational Rehabilitation
Department of Health
Department of Environment
Children, Youth & Families Dept.
New Mexico Corrections Dept.
Department of Public Safety
Department of Transportation
Public Education Dept.
Total Top 21 Agencies
***All Other Agencies Total
Grand Total

7/1/08
343.0
324.0
293.0
374.0
1,105.0
324.0
297.0
543.0
304.0
1,051.0
346.0
1,878.0
476.0
298.0
3,819.0
672.0
1,945.0
2,203.0
1,140.0
2,460.0
291.0
20,486.0
5,170.0
25,656.0

FY11
7/1/10
344.0
312.0
297.0
344.0
1,045.0
299.0
263.0
502.0
257.0
765.0
311.0
1,787.0
528.0
268.0
3,692.0
608.0
1,891.0
2,099.0
1,096.0
2,219.0
256.0
19,183.0
4,890.0
24,073.0

FY13
7/1/12
337.0
305.0
287.0
327.0
916.0
246.0
242.0
448.0
249.0
823.0
273.0
1,683.0
498.0
222.0
3,186.0
552.0
1,833.0
1,904.0
1,027.0
2,040.0
194.0
17,592.0
4,571.0
22,163.0

FY15
7/1/14
338.0
300.0
288.0
976.0
222.0
376.0
245.0
434.0
2.0
700.0
301.0
1,760.0
430.0
238.0
3,248.0
568.0
1,863.0
1,962.0
1,038.0
2,152.0
222.0
17,663.0
4,754.0
22,417.0

FY17
7/1/16
329.0
304.0
287.0
368.0
889.0
252.0
249.0
438.0
289.0
621.0
291.0
1,699.0
447.0
236.0
3,156.0
538.0
1,940.0
1,895.0
1,067.0
2,104.0
231.0
17,630.0
4,581.0
22,211.0

FY19

FY20

7/1/18

Authorized
FTE

341.0
293.0
254.0
384.0
808.0
237.0
242.0
400.0
278.0
768.0
252.0
1,667.0
420.0
230.0
2,736.0
525.0
1,933.0
1,901.0
1,059.0
2,053.0
231.0
17,012.0
4,650.0
21,662.0

*Includes 384 temporary firefighter FTE that are not included in authorized FTE count

**Does not include temporary legislative staff.

39

385.5
340.5
324.0
439.0
1,072.8
307.0
312.6
510.8
317.0
487.4
342.0
2,017.5
492.0
321.0
3,766.5
634.5
2,312.8
2,447.0
1,300.3
2,506.5
282.2
20,918.8
5,208.7
26,127.5

FY20
7/1/19
331.0
306.0
284.0
393.0
786.0
242.0
258.0
419.0
281.0
812.0
263.0
1,707.0
401.0
214.0
2,787.0
524.0
1,916.0
1,835.0
1,048.0
2,072.0
212.0
17,091.0
4,656.0
21,747.0

FY20
2/1/20
332.0
299.0
282.0
403.0
831.0
275.0
258.0
447.0
279.0
738.0
269.0
1,694.0
402.0
211.0
3,092.0
526.0
1,973.0
1,904.0
1,066.0
2,073.0
229.0
17,583.0
4,592.0
22,175.0

FY20
3/1/20
334.0
296.0
282.0
403.0
841.0
275.0
255.0
458.0
278.0
742.0
268.0
1,699.0
397.0
216.0
3,086.0
527.0
1,950.0
1,891.0
1,054.0
2,101.0
225.0
17,578.0
4,589.0
22,167.0

FY20
4/1/20
334.0
301.0
286.0
402.0
857.0
274.0
252.0
458.0
278.0
766.0
267.0
1,711.0
406.0
227.0
3,065.0
516.0
1,951.0
1,908.0
1,059.0
2,117.0
226.0
17,661.0
4,617.0
22,278.0

Current
LFC Estimated FY20
Percent Change
Agency
Personnel
from April 2019 Vacancy Rate
Surplus/(Defacit)
in Percent

5.4%
1.0%
5.5%
4.1%
9.7%
17.6%
0.4%
9.8%
0.7%
10.2%
5.1%
2.6%
6.6%
6.1%
11.5%
-2.6%
3.8%
3.7%
1.1%
4.9%
4.1%
5.6%
-9.1%
2.2%

13.4%
11.6%
11.7%
8.4%
20.1%
10.7%
19.4%
10.3%
12.3%
-57.2%
21.9%
15.2%
17.5%
29.3%
18.6%
18.7%
15.6%
22.0%
18.6%
15.5%
19.9%
15.6%
11.4%
14.7%

$
$
$
$
$
$
$
$
$
N/A
$
$
$
$
$
$
$
$
$
$
$
$
$
$

731.6
1.0
1,094.0
571.9
2,746.1
(1,362.7)
4,273.3
(334.6)
681.0
1,941.9
(1,033.8)
507.5
4,169.7
(5,313.2)
4,183.8
2,104.5
2,644.8
6,222.9
7,184.1
5,194.5
36,208.4
30,143.4
66,351.8

 Salary Reduction
Reducing the 4 percent salary increase provided for state and educational employees to 1 percent still
leave sufficient funding to offset increases in medical insurance and pension increases for state employees
while educational employees enrolled in 2 party or family insurance coverage would see a net reduction
in take home pay as shown in the table below:
GSD Salary

$

50,400.00

PSIA Salary

$

44,921.00

Coverage

Carrier

FY20 Annual
Insurance
Total Cost

Employee
Insurance
Cost

Employee
Insurance
Increase

Employee
Pension
Increase

1% Salary
Increase

Net Take
home

Single

GSD HMO

$

6,447.48

$ 1,934.24

$

58.03

$ 252.00

$

504.00

$ 193.97

+spouse

GSD HMO

$ 14,506.96

$ 4,352.09

$

130.56

$ 252.00

$

504.00

$ 121.44

Family

GSD HMO

$ 19,020.04

$ 5,706.01

$

171.18

$ 252.00

$

504.00

$

80.82

Single

PSIA BCBS High Option

$

8,664.00

$ 3,465.60

$

301.51

$

-

$

449.21

$

147.7

2 party

PSIA BCBS High Option

$ 16,486.56

$ 6,594.62

$

573.73

$

-

$

449.21

$ (124.5)

Family

PSIA BCBS High Option

$ 22,019.52

$ 8,807.81

$

766.28

$

-

$

449.21

$ (317.1)

Single

PSIA Pres. High Option

$

7,010.40

$ 2,804.16

$

243.96

$

-

$

449.21

$

205.2

2 party

PSIA Pres. High Option

$ 14,720.40

$ 5,888.16

$

512.27

$

-

$

449.21

$

(63.1)

Family

PSIA Pres. High Option

$ 19,628.88

$ 7,851.55

$

683.09

$

-

$

449.21

$ (233.9)

Educational employee detail by income
PSIA will increase insurance rates for high option coverage plans by 8.7 percent in FY21. LFC analysis shows
a 1 percent salary increase will offset the majority of a single coverage, high option plan premium increase.
Reading the table: The first row of the table shows for those earning less than $15 thousand per year, 4
percent of educational employees, a 1 percent salary increase would cover a 6.5 percent insurance
premium increase. PSIA also offers a low-option plan which will increase 2.1 percent.
Estimated Insurance Increase Offset with A 1% Salary increase, by Income
Salary
Min
Max
$
- $
$
15,000 $
$
20,000 $
$
25,000 $
$
35,000 $
$
45,000 $
$
55,000 $
$
65,000

15,000
20,000
25,000
35,000
45,000
55,000
65,000

Percent of
Workforce
4%
13%
8%
8%
13%
23%
24%
9%

Ins. Increase Offset by 1%
Salary Increase
Single 2 Party Family
6.5%
3.1%
2.3%
8.4%
4.0%
3.0%
8.9%
4.2%
3.2%
10.3%
4.9%
3.7%
14.6%
6.9%
5.2%
18.2%
8.7%
6.5%
21.6%
10.3%
7.7%
28.7%
13.7% 10.3%

40

 PERA Funding Improvement by Bill Component
2043 Funded Portion of
Savings
2043 UAAL Ratio
Current Baseline Projection
$ 10,332.3
70.6%
Employer Contribution
Increase
$ (3,004.8)
8.5%
29.3%
Employee Contribution
Increase
$ (2,824.1)
8.0%
27.6%
3 Year COLA Suspension
$ (2,995.1)
8.5%
29.3%
$76 Million Appropriation to
Pay Simple COLA
$
(380.1)
1.1%
3.7%
Profit Sharing COLA
$ (1,035.3)
3.0%
10.1%
Total Savings
$
92.9
99.7%
Source: PERA and LFC Files

41

 Road Fund Cut and Swap Scenario
Over the past two legislative sessions, $580 million in nonrecurring general fund appropriations have
been made to the NMDOT including $530 million for state projects and $50 million for local
infrastructure initiatives. Of this amount, $430 million was appropriated for major investment projects.
Only $13 million of these funds have been expended or encumbered to date. The 2020 special session
solvency legislation would reduce these appropriations as follows:
•

•

The $180 million appropriated in 2020 would be reduced by $45 million and funding would be
made available at the discretion of NMDOT to enable these monies to be expended in the next
12 months.
The $250 million appropriated in 2019 would be reduced by $75 million.
o The solvency legislation includes authority for NMDOT to issue $75 million in bonds to
fund projects authorized under Section 9 of the 2019 GAA.
o Staff estimate the cost of servicing the additional debt to be approximately $10 million
per year over a 10-year period.
o The impact of the additional bond payment on NMDOT revenues is shown in the table
below:
NMDOT Annual Debt Service by Source
(in millions)

Year

FY21

FY22

FY23

FY24

FY25

FY26

FY27

FY28

FY29

FY30

SRF

27.7

40.0

40.0

40.0

40.0

40.0

40.0

40.0

40.0

25.3

-

-

Federal

119.4

121.1

115.1

128.6

26.6

26.2

64.4

-

-

-

-

-

HIF
Additional
SRF

6.5

3.6

8.8

14.3

8.5

8.6

8.7

-

-

10

10

10

10

10

10

8.8

10

8.9

10

9.0

10

10

Reductions to NMDOT appropriations are shown in the table below:
NMDOT Nonrecurring Reductions
(in millions)
Bill

Year

Purpose

Original
Amount

Reduction

Adjusted

HB2

2019

Local Gov't Projects

$ 50.00

$

-

$ 50.00

HB2

2019

Accelerate STIP

$100.00

$

-

$100.00

HB2

2019

Major Investment

$250.00

$ (75.00)

$175.00

HB2

2020

Major Investment

$180.00

$ (45.00)

$150.00

$580.00

$(120.00)

$475.00

Total

42

FY31

FY32

 Laws of 2019 Chapter 271 Section 9 Item 1
District

Project#

Programmed
STIP

ZD1201 $250 Million

Budget

Expensed

Encumbrance

Remaining Balance

1

1

E100202

6,085,921.00

9,181,923.00

-

-

9,181,923.00

2

1

E100203

8,818,077.00

8,818,077.00

-

-

3

1

1101560

4,000,000.00

4,000,000.00

-

-

4
1
1101480
5 District One Total

9,000,000.00
27,903,998.00

9,720,000.00
31,720,000.00

-

6
2
2102161
7 District Two Total
8
3
A300961

42,900,000.00
42,900,000.00
55,000,000.00

46,332,000.00
46,332,000.00
55,000,000.00

-

-

46,332,000.00
46,332,000.00
55,000,000.00

8,000,000.00

8,000,000.00

-

-

8,000,000.00

10
3
A301570
11
3
RailRunner
12 District Three Total

3,000,000.00
2,000,000.00
68,000,000.00

3,000,000.00
2,000,000.00
68,000,000.00

-

13

4

4100850

21,000,000.00

21,000,000.00

-

14

4

4100831

15

4

4100832

16
4
4100833
17 District Four Total

9

3

A301890

-

5,697,507.86
5,697,507.86

2,000,000.00
2,000,000.00
2,278,488.84

8,818,077.00 Potential Freeze*

Widen NM 404 from I-10 to NM 213 

(from 2 lanes to 4 lanes)

2

4,000,000.00 Potential Freeze*

BRIDGE Replacement & Pavement Preservation

Lordsburg Bridge

3

I-10 from Separ to Gage

Pavement Preservation & Guardrail Upgrades

4
5

US 285 Corridor Construction Phase I

Roadway Reconstruction & Bridge Replacement

6
7
8

4,022,492.14
26,022,492.14

21,000,000.00

8,500,000.00

30,205.00

4,500,000.00
34,000,000.00

4,500,000.00
36,839,267.00

590,983.16

2,278,488.84

4,500,000.00
33,969,795.00

216,097.01

1,181,171.88

602,731.11

5101340

1,397,269.00

2,000,000.00

19

5

5101341

18,602,731.00

18,602,731.00

20
5
5100461
21 District Five Total

10,500,000.00
30,500,000.00

10,500,000.00
31,102,731.00

216,097.01

1,181,171.88

10,500,000.00
29,705,462.11

26,247.14

923,902.96

49,849.90

6100970

1,000,000.00

1,000,000.00

23
24

6
6

6100971
6101370

11,000,000.00
4,500,000.00

11,000,000.00
4,500,000.00

-

-

Currently in Progress. Los Lunas Corridor River Crossing ROW Acquisiton
Potential Freeze*
Executed Agreement.
Executed Agreement.

Potential Freeze*

8,469,795.00

5

6

Project Let Date4.2020.

-

18

22

Under Construction.

3,000,000.00
66,000,000.00

8,500,000.00

-

Locations
1

560,778.16

-

Update
Project Let Date8.2020.

Bridge Replacement at NM 404/ I-10 Interchange

2,839,267.00

-

Potential Freeze*

Project Schedule
Let Date- 6.2020.
Project Schedule
Let Date- 6.2020.
Project Schedule
Let Date- 6.2020.
Design efforts
currently in progress.

18,602,731.00 Potential Freeze*
Project Let 4.2020.
Design efforts
currently in progress.

11,000,000.00 Potential Freeze*
4,500,000.00 Potential Freeze*

Project Let Date12.2020.
25
6
6101181
16,500,000.00
16,500,000.00
16,500,000.00
26
6
6101380
3,000,000.00
3,000,000.00
3,000,000.00
Executed Agreement.
27 District Six GRAND TOTAL D6
36,000,000.00
36,000,000.00
26,247.14
923,902.96
35,049,849.90
28
Agency Total
239,303,998.00
249,993,998.00 833,327.31
12,081,071.54
237,079,599.15
*$75.920 million of projects that the department can Potentially Freeze, are under the assumption the funds will be reallocated to the department at a later date.

43

I-25 Gibson Blvd. Reconstruction Project

Possible Reconfiguration of Interchange

9

NM 347 Paseo Del Volcan ROW Acquisition
NM Rail Runner

10
11
12

NM39 Pavement Overlay

13

US Highway 54 Roadway Reconstruction

14

US Highway 54 Roadway Reconstruction

15

US Highway 54 Roadway Rehabilitation

16
17

I-25- Slope mitigation and roadway improvements

La Bajada Area

18

I-25- Slope mitigation and roadway improv

La Bajada Area

19

NM 68 Roadway Reconstruction, Drainage Improvements & Bridge Preservation

20
21

Carbon Coal Design New County Road

22

Carbon Coal Design New County Road
Allison Corridor Preliminary Engineering

23
24

I-40 Concrete Wall Barrier
NM 4 By Pass Design

25
26
27
28

 General Fund Financial Summary:
LFC Special Session Scenario - June 10, 2020
(millions of dollars)
June 9, 2020

Estimate
FY2019

Estimate
FY2020

Estimate
FY2021

Estimate
FY2022

APPROPRIATION ACCOUNT
REVENUE
Recurring Revenue
December 2019 Consensus Revenue Forecast, Legislation Adjusted
June 2020 Consenus Update
Total Recurring Revenue

$
$
$

8,009.5
8,009.5

$
$
$

7,776.4
(439.0)
7,337.5

$
$
$

7,870.5
(1,979.0)
5,891.5

$
$
$

7,925.6
(1,705.0)
6,220.5

Nonrecurring Revenue
2019 Nonrecurring Revenue Legislation

$

(100.0)

$

-

$

-

$

-

December 2019 Consensus Revenue Forecast, Legislation Adjusted
June 2020 Consenus Update
Total Nonrecurring Revenue

$
$
$

(100.0)

$
$
$

28.8
65.0
93.8

$
$
$

2.9
2.9

$
$
$

-

TOTAL REVENUE

$

7,909.5

$

7,431.3

$

5,894.4

$

APPROPRIATIONS
Recurring Appropriations
2019 Session Legislation & Feed Bill
2020 Regular Session Legislation & Feed Bill
2020 Special Session Solvency Savings
Total Recurring Appropriations

$
$
$
$

10.0
6,339.8

$
$
$
$

7,085.3
6.8
7,092.1

$
$
$
$

7,621.4
(414.9)
7,206.5

$FY22 New
-

$
$
$
$
$
$

1,178.3
1,226.1
(49.7)

$
$
$
$
$

$
$
$
$
$

320.0
(140.0)
(172.0)
8.0

TOTAL APPROPRIATIONS

$

7,516.3

$

Transfer to (from) Reserves

$

393.2

$

$
$

1,184.6
393.2

$
$
$

Nonrecurring Appropriations
2019 Session Nonrecurring Appropriations 1
2020 Session Nonrecurring Appropriations & Legislation
2020 Special Session Solvency Savings
2020 Special Session Federal Funds Swaps
Total Nonrecurring Appropriations
FY2019 Ending Audit Adjustments

431.9
506.3
(81.0)
857.2
7,949.3

$

7,214.5

(518.0)

$

(1,320.1)

$
$

1,833.9
(518.0)

$
$

1,417.4
(1,320.1)

262.6

$

163.2

$

69.2

(6.5)
1,833.9
28.9%

$
$

(61.7)
1,417.4
20.0%

$
$

697.5
864.0
12.0%

6,220.5

Money:
($985)
million
or -14%

$
$

-

GENERAL FUND RESERVES
Beginning Balances
Transfers from (to) Appropriations Account
Revenue and Reversions
Appropriations, Expenditures and Transfers Out
Ending Balances
Reserves as a Percent of Recurring Appropriations
Notes:
1) Laws 2019, Chapter 271 (HB2) contained $31 million in appropriations contingent on the consensus forecast amount presented in August 2019 for FY19 exceeding $7.62 billion. Contingent
appropriations include up to $15 million to the Economic Development Department for LEDA projects, up to $11 million to the Department of Transportation for road projects, and up to $5
million to the Higher Education Department to replenish the college affordability endowment fund.
* Note: totals may not foot due to rounding
Note: Scenario framework reflects compensation increases of 0% to 1%; this highlevel summary reflects the 1% scenario

44

 General Fund Financial Summary:
LFC Special Session Scenario - June 10, 2020
RESERVE DETAIL
(millions of dollars)
June 9, 2020

Audited
FY2019

OPERATING RESERVE
Beginning Balance
BOF Emergency Appropriations/Reversions
Transfers from/to Appropriation Account
Transfers to Tax Stabilization Reserve
Disaster Allotments 1
Transfer from (to) ACF/Other Appropriations (federal stimulus)
Transfers from tax stabilization reserve 3

Estimate
FY2020

Estimate
FY2021

Estimate
FY2022

$
$
$
$
$
$

485.9
(2.0)
393.2
(378.7)
(12.1)
-

$
$
$
$
$
$

486.3
(2.0)
(518.0)
(42.1)
11.0

$
$
$
$
$
$

14.7
(2.5)
(1,320.1)
(8.0)
750.0

$
$
$
$
$
$

(565.9)
(2.0)
(8.0)
(0.0)

$
$

486.3

$
$

79.5
14.7

$
$

(565.9)

$
$

(575.9)

APPROPRIATION CONTINGENCY FUND
Beginning Balance
Disaster Allotments
Other Appropriations
Transfers In
Revenue and Reversions
Ending Balance

$
$
$
$
$
$

12.3
(15.3)
14.7
11.7

$
$
$
$
$
$

11.7
(11.7)
(0.0)

$
$
$
$
$
$

(0.0)
(8.0)
8.0
(0.0)

$
$
$
$
$
$

(0.0)
(8.0)
0.0
8.0
-

STATE SUPPORT FUND
Beginning Balance

$

1.0

$

19.1

$

29.1

$

29.1

$
$
$

18.1
19.1

$
$
$

10.0
29.1

$
$
$

29.1

$
$
$

29.1

TOBACCO SETTLEMENT PERMANENT FUND (TSPF)
Beginning Balance
Transfers In
Appropriation to Tobacco Settlement Program Fund
Gains/Losses
Additional Transfers to/from TSPF
Ending Balance

$
$
$
$
$
$

158.7
34.2
(17.0)
12.7
40.0
228.6

$
$
$
$
$
$

228.6
33.8
(16.9)
(0.7)
244.7

$
$
$
$
$
$

244.7
34.0
(34.0)
10.2
255.0

$
$
$
$
$
$

255.0
34.0
(17.0)
14.0
286.0

TAX STABILIZATION RESERVE (RAINY DAY FUND)
Beginning Balance
Revenues from Excess Oil and Gas Emergency School Tax
Gains/Losses
Transfers In (From Operating Reserve)

$
$
$
$

526.8
182.8
378.7

$
$
$
$

1,088.3
114.7
5.4
-

$
$
$
$

1,128.9
16.9
-

$
$
$
$

1,145.8
8.7
-

$
$

1,088.3

$
$

(79.5)
1,128.9

$
$

1,145.8

$
$

1,154.5

Ending Balance

2

Revenues
Appropriations
Ending Balance

Transfer Out to Operating Reserve 3
Ending Balance
Percent of Recurring Appropriations

17.2%

TOTAL GENERAL FUND ENDING BALANCES
Percent of Recurring Appropriations

$

1,833.9
28.9%

15.9%
$

1,417.4
20.0%

15.9%
$

864.0
12.0%

Notes:
1) DFA using operating reserve to cover disaster allotments due to low balance in the appropriation contingency fund. Includes $35.5 million for COVID-19 related responses.
2) Laws 2019, Chapter 271 (HB2) contained a $10 million appropriation to the state support reserve fund
3) Laws 2020, Chapter 34 (House Bill 341) transfers from the tax stabilization reserve to the operating reserve if operating reserve balances are below one percent of appropriations, up to an
amount necessary for the operating reserve to be at least one percent of total appropriations for the current year.
* Note: totals may not foot due to rounding

45

 Scenario Summary
Largest 25 Municipalities*
All Other Municipalities
Municipality Subtotal
County Subtotal**
TOTAL for Municipalities and Counties

Scenario 1 - HB6 Internet Sales Tax
Methodology
97,583,127
21,381,005
118,964,132
71,403,081
190,367,213

Scenario 2 - GRT Support +
Per Capita
90,394,639
17,652,899
108,047,538
41,989,242
150,036,779

Scenario 3 - GRT Support + COVID Impact
+ Per Capita
95,208,485
18,326,710
113,535,195
51,501,584
165,036,779

Scenario 4 - Federal
Stimulus Package #4
86,918,483
8,081,517
95,000,000
95,000,000
190,000,000

*Excluding Albuquerque in Scenarios 1, 2, and 3
**Excluding Bernalillo in Scenarios 1, 2, and 3

Scenario 1 - HB6 Internet Sales
Tax Methodology Allocation

Scenario 3 - Per Capita + GRT
Support + COVID-19 Impact
Allocation

- Divides funding based on population, per 2019
HB6 Internet Sales Tax distribution scenario
(37.5% to counties, 62.5% to municipalities)
- Individual municipality and county shares differ
from Internet Sales Tax distribution scenario due to
removal of Bernalillo County and Albuquerque in
this model. Los Alamos is included in HB6 scenario
as a city and a county, but only as a county in this
model, which uses DFA data (Los Alamos is an
incorporated city-county)

- Per capita allocation of $70.5 million, with 60%
to municipalities and 40% to counties)
- Funding to replace a total of 10% of GRT
(state + local share), in aggregate
- $15 million 'set aside' for counties and
municipalities most affected by COVID-19.The set
aside is divided between McKinley, San Juan, and
Cibola counties based on the proportion of COVID19 cases per 100,000 (as of May 27). The total
county share is then allocated between the county
and municipalities within the county on a per capita
basis (county populations are exclusive of
municipality populations).
46

Scenario 2 - Per Capita
+ GRT Support
Allocation

- Per capita allocation of $70.5 million, with 60% to
municipalities and 40% to counties)
- Funding to replace a total of 10% of GRT (state
+ local share), in aggregate

Scenario 4 - Federal
Stimulus Package #4

Based on proposed fourth federal stimulus
package (per U.S. House leadership letter from May
4):
- County fund awarded directly to counties on the
basis of population, with all counties receiving an
award
- Municipality fund awarded to cities based on the
Community Development Block Grant (CDBG)
formula (using FY20 allocation to NM cities)
- 70% awarded directly to cities with a population of
50,000 or more using the CDBG formula
- Remaining 30% awarded to municipalities with
populations less than 50,000 on the basis of
population
- Because the CDBG formula includes a direct
allocation to Farmington, it is included with cities with
50,000+ populations

 Scenarios for 25 Largest Municipalities
Support for
State GRT
Loss

Population

Support for Local
GRT Loss

Albuquerque

560,218

-

Las Cruces

102,926

5,018,561

3,904,881

-

Rio Rancho

98,023

2,093,721

1,226,568

Santa Fe

84,612

2,301,603

4,560,473

Roswell

47,635

2,060,437

Farmington

44,788

1,737,302

Clovis

38,680

1,869,136

Hobbs

38,277

3,475,738

Alamogordo

31,701

349,286

Carlsbad

29,331

6,197,276

Gallup

21,929

1,233,068

1,032,821

Sunland Park

17,639

256,529

170,674

Los Lunas

15,835

996,834

Deming

14,099

Las Vegas

Municipality

COVID Impact
Allocation

Per Capita
Distribution

Scenario 2 Scenario 3 - GRT
Scenario 4 GRT Support + Support + COVID
Federal Stimulus
Impact + Per
Per Capita
Package #4
Capita (A+B+C+D)
(A+B+D)

Scenario 1 -HB6
Internet Sales Tax
Methodology
-

-

-

42,646,651

5,153,476

14,557,424

14,076,919

14,076,919

8,923,500

-

4,907,984

13,051,696

8,228,272

8,228,272

5,522,414

-

4,236,499

10,132,694

11,098,575

11,098,575

5,750,699

-

2,385,071

7,212,649

4,445,508

4,445,508

2,638,812

2,242,523

6,841,474

6,544,678

7,948,922

3,656,736

-

1,936,697

5,633,251

3,805,833

3,805,833

2,142,736

3,403,633

-

1,916,519

5,088,493

8,795,889

8,795,889

2,120,412

855,750

-

1,587,260

4,533,891

2,792,295

2,792,295

1,756,124

-

1,468,595

3,897,866

7,665,871

7,665,871

1,624,835

1,097,979

3,232,763

3,363,868

6,262,894

1,214,790

-

883,180

2,103,577

1,310,383

1,310,383

977,139

674,263

-

792,854

2,212,291

2,463,952

2,463,952

877,203

532,558

399,304

-

705,933

2,215,274

1,637,795

1,637,795

781,035

13,107

437,783

369,139

-

656,264

2,050,936

1,463,185

1,463,185

726,082

Artesia

12,268

2,268,601

-

614,255

1,685,278

2,882,856

2,882,856

679,604

Portales

11,754

316,812

279,418

-

588,519

1,831,273

1,184,750

1,184,750

651,130

Lovington

11,288

412,951

389,040

-

565,187

1,641,734

1,367,178

1,367,178

625,316

Bernalillo

10,105

355,937

298,035

-

505,955

1,240,733

1,159,926

1,159,926

559,782

Espanola

10,050

475,282

327,924

-

503,201

1,524,669

1,306,407

1,306,407

556,735

Silver City

9,529

534,051

421,600

-

477,114

1,538,239

1,432,765

1,432,765

527,873

Anthony

9,308

76,249

78,970

-

466,049

1,395,823

621,268

621,268

515,631

Grants

8,968

443,477

302,674

449,025

1,369,279

1,195,176

1,705,752

496,796

Corrales

8,678

191,087

109,488

434,505

1,242,075

735,081

735,081

480,731

420,936

1,349,743

816,209

816,209

465,718

Socorro

8,407

395,273

2,564,854
-

-

-

-

1,404,244

2,899,026

510,576
-

47

 June 8, 2020

Severance Tax Bond Capacity, Super sweep and STB swap
Decline in STB capacity
• The 2020 session estimate of severance tax bond capacity for FY20 was approximately
$560 million. Due to lower oil and gas revenue the current estimate is about $400 million.
A significant portion of 2020 STB appropriations likely will be unissued.
STBF revenue
• A way to boost STB capacity is a “super sweep.” Statutes provide that only 89.4 percent
of prior year can be used for debt service on severance tax bonds with the remainder
transferred to the severance tax permanent fund. A super sweep, authorized by a statutory
change, would allow 100 percent of STBF revenue to be used for debt, typically for sponge
bonds. “Sponge bonds” are very short-term notes with a maturity of a week or less.
•

Board of Finance estimated that the super sweep will increase FY20 STB capacity for
FY20 by $120 million to $140 million. Still, DFA estimates $70 to $110 million of 2020
STB appropriations can’t be issued in FY20.

Swap General Fund Capital for STBs
• A past practice in the face of a solvency crisis is to void General Fund capital appropriations
and reauthorize the same projects from severance tax tax bonds. The executive proposes a
swap of $100 million for the special session.
•

This proposed swap would increase authorized – unissued to $170 million to $210 million.
Board of Finance estimates FY21 and FY22 STB capacity at $175 million in the high
scenario but zero in FY21 and FY22 in the low scenario.

•

Under the current solvency proposals for the special session the new money outlook for
FY22 is -$1.2 billion. The LFC staff recommendations have sought to preserve the nonrecurring STB bond swap option to address the FY22 shortfall.

48

 May 2020 Capital Outlay Scenarios
(in millions)
LOW

SOURCES
Total General Obligation Bond (GOB) Capacity

$

Severance Tax Bonding (STB)

166.1

$

FY20

Senior Long-Term Issuance (Bonds)

HIGH

$

FY21
-

$

166.1

$

FY22

185.5

$

FY20

-

$

-

$

FY21
-

$

FY22

175.0

$

Senior Sponge Issuance (Notes)

$

150.0

$

-

$

-

$

175.0

$

10.0

$

Subtotal Senior STB Capacity

$

150.0

$

-

$

-

$

175.0

$

185.0

$

Supplemental Long-Term Issuance (Bonds)

$

$

-

$

-

$

-

-

$

185.5

-

175.0
175.0
-

$

Supplemental Sponge Issuance (Notes)
December 2019 Issuance

$

Additional Capacity

201.1

$

201.1

$

40.0

$

40.0

$

50.0

$

50.0

$

100.0

$

100.0

Supplemental STB Capacity

$

241.1

$

40.0

$

50.0

$

251.1

$

100.0

$

100.0

Total Severance Tax Bond Capacity

$

391.1

$

40.0

$

50.0

$

426.1

$

285.0

$

275.0

Funding from June Super Sweep

$

120.0

STB Funding Available for FY20 Projects

$

511.1

$

40.0

$

50.0

$

285.0

$

275.0

USES

FY20

FY2020 Appropriated Projects

FY21

$

140.0

$

566.1

FY22

$

352.3

$

109.6

$

9% of Senior STB for Water Projects

$

13.5

$

-

$

4.5% of Senior STB for Colonias Projects

$

6.8

$

-

$

-

FY20

109.6

FY21

FY22

$

352.3

$

69.1

$

-

-

$

15.8

$

16.7

$

15.8

$

-

$

7.9

$

8.3

$

7.9

$

-

$

8.3

$

7.9

$

75.0

$

75.0

Senior

4.5% of Senior STB for Tribal Projects

$

6.8

$

7.9

Authorized but Unissued STB Projects*

$

0.1

$

0.1

Reassigned STB Projects**

$

0.2

$

0.2

PSCOC Public School Capital

$

216.1

$

226.1

PED Instructional Materials***

Supplemental
$

15.0

$

25.0

$

25.0

$

25.0

$

25.0

$

25.0

$

25.0

$

25.0

Total Capital Appropriations

$

620.7

$

149.6

$

159.6

$

635.2

$

202.4

$

131.5

Available Funding Over (Under) Appropriations

$

(109.6) $

(69.1) $

82.6

$

143.5

(109.6) $

(109.6) $

*Includes projects authorized that have not yet met requirements for project funding.
**Includes projects that have remained inactive for a period of at least 18 months following bond issuance for which the proceeds have been reassigned to ready projects.
***The Legislature may appropriate up to $25 million of the supplemental capacity for transportation or instructional materials.
Sources: Department of Finance and Administration and LFC Files

49

 June 2020 Capital Outlay Estimate
(in millions) 

 

 

   
  

 

Total General Obligation Bond (GOB) Capacity 179.8 /179.8 179.8

 

 

Severance Tax Bonding FY20 FY22 FY23 FY24 FY25
- ("2758?s 275.8 275.8 275.8 275.8
157.3 \2514 .3 34.1 32.2 32.2 33.1



@3 301.2 308.0 308.0 308.9
15.1 3 .- 27.7 3 27.7 27.8



5



 

Senior Long-Term Issuance (Bonds)
Senior Sponge issuance (Notes)
Subtotal Senior STB Capacity

9% of Senior 8TB for Water Projects
4.5% of Senior STB for Colonies Projects
4.5% of Senior STB for Tribal Projects
Net Senior 873 Capacity

    

309.9

55 27.9

7.5 5 13.5 13.9

7.5 13.6 13.9

137.2 2410?? 254.1


.. 

13.9 13.9 13.9
13.9 13.9 13.9
252.5 252.6 253.3

 

6959-93-59696989
69695899596969-

 

EEG-GHEQ-EQWHEQ-

Supplemental LonguTerm Issuance (Bonds)
Supplemental Sponge Issuance (Notes)

PublicSchool Capital Dec19lssuance 176.1 115.9 121.9 138.6 154.6 165.4
25.0 25.0 25.0 25.0 25.0 25.0
53.0

140.9 146.9 163.6 179.5 190.4
140.0)
23153 337.9 3 401.0 413.2 432.2 443.7
247.1 192.8 198.3 197.1 197.1 5 197.7

99

FEB instructional MateriaisiTransportation Dec19 Issuance
Additional PSCOC Pubtic School Capital
Supplemental STB Capacity

01
0

Funding from June Super Sweep

 

Totai Severance Tax Bond Capacity
5TB Funding Avaiiable for FY20 Projects

 



 

 

USES FY20 FY21 FY22 FY23 FY24 FY25
FY2020 Appropriated Projects 352.3 75.4 5 - - - -
229.1 115.9 55 121.9 5 138.6 154.0 155.4
5 25.0 25.0 25.0 25.0 25.0 25.0
Authorized but Unissued STB Projects* 0.1







 

PED Instructional 

0.2
506.? 216.3 146.9 5 163.6 179.6 190.4

["5521 171.6 254.1 252.6 3 252.6 3 253.3?
ma?a projects authorized that have not yet met requirements for project funding.

Reassigned 8TB Projects?

 

Total Capital Appropriations

 

 

 

Available Funding Over {Under} Appropriations

 

?includes projects that have remained inactive for a period of at ieast 18 months following bond issuance for which the proceeds have been reassigned to ready projects.

 

?*The Legislature may appropriate up to $25 of the supplemental capacity for transportation or instructional materials.
Sources: Department of Finance and Administration and LFC Files

 

 

61?912020

 
 
 
 
 
 
 
 

2019 GF Outstanding Capital with No Encumbrances, No Expenses, and Non-Compliant
A
1

Approp
Amount

B

C

D

E

F

G

Agency

Approp
ID

Title

County

Comments

Description
to acquire property for a Crestview bluffs open space area and to match funds for a
national park service land water conservation fund grant for the purchase of Crestview
bluffs in Bernalillo county

2

175,000

LGD

D2806

BERN CO CRESTVIEW
BLUFFS PRCHS

3

560,000

LGD

D2820

SOUTH VALLEY COMMONS
INFRA

Take - Requires land acquisition;
Bernalillo no activity; not on ICIP)
Take - Inadequate funding; leased
by non-profit; no activity in year;
Bernalillo #98 on ICIP

4

7,000

LGD

D2833

ALB ATRISCO AREA BICYCLE
RECYCLING EQUIP

Bernalillo Take - Inadequate funding

to purchase tools and equipment for a community bicycle recycling program in the
Atrisco community and southwest area of Albuquerque in Bernalillo county

5

600,000

LGD

D2839

ALB CIBOLA LOOP
COMMUNITY COMPLEX PH 1

Take (No transactions; new
Bernalillo construction; not on ICIP)

to plan, design and construct phase 1 of the Cibola loop community complex, including a
library and multigenerational center, in Albuquerque in Bernalillo county

D2841

ALB COMMUNITY DENTAL
BLDG IMPROVE EQUIP

Bernalillo Take (Anti-donation/LGD)

to plan, design, construct, purchase, equip and install improvements, including heating,
ventilation and air conditioning systems, at a community dental program in Albuquerque
in Bernalillo county

Take (Requires property
acquisition; #125 on ICIP; no
Bernalillo activity in year)

to acquire property and to plan, design and construct an urban green space along the
Crestview bluff area off the Arenal drain from west Central avenue to Bridge boulevard
both within and outside the city limits of Albuquerque in Bernalillo county
to plan, design, construct, equip and install electronic digital display signs in
Albuquerque in Bernalillo county

6

75,000

LGD

to plan, design, construct, furnish and equip buildings and infrastructure at the South
Valley commons in Bernalillo county

7

360,500

LGD

D2844

ALB CRESTVIEW BLUFF
GREEN SPACE

8

50,000

LGD

D2851

ALB ELECTRONIC DIGITAL
DISPLAY SIGNS

Take (No activity in year; #124 on
Bernalillo ICIP)

to plan, design, construct, furnish and equip a covered accessible bus stop at Golf
Take - Inadequate funding; #58 on Course road serving southbound commuter route 92 at Homestead trail in Albuquerque
in Bernalillo county
Bernalillo ICIP

9

20,000

LGD

D2865

ALB GOLF COURSE RD AT
HOMESTEAD TRAIL BUS
STOP

10

823,898

LGD

D2867

ALB HOLOCAUST &
INTOLERANCE MUS FCLTY

Take (Anti-donation per LGD; Gov to plan, design, construct and renovate a facility for the holocaust and intolerance
museum in Albuquerque in Bernalillo county
Bernalillo vetoed $385,000 2020 approp.)

11

95,000

LGD

D2870

ALB INSTITUTE OF
FLAMENCO BLDG

Take (Not on ICIP; no transactions to furnish, equip and purchase information technology for a flamenco institute
headquarters in Albuquerque in Bernalillo county
Bernalillo in year)

D2873

ALB JOAN JONES
COMMUNITY CTR IMPROVE
PH 3

Take (Basketball court with no
impact to center; no activity in
Bernalillo year)

to plan, design, construct, renovate, furnish, equip and install phase 3 improvements,
including a basketball court, to the Joan Jones community center in Albuquerque in
Bernalillo county

Take (Not on ICIP; no activity in
Bernalillo year to purchase equipment)

to purchase and install equipment and furnishings, including sound and audiovisual
systems, seating, lighting, musical instruments and furniture, for a performance and art
space in Albuquerque in Bernalillo county

12

125,000

LGD

13

145,000

LGD

D2892

ALB PERFORMANCE SPACE
EQUIP FURNISH

14

135,000

LGD

D2904

ALB PUBLIC MURALS

Take (No activity in year; #126 on
Bernalillo ICIP)

to plan, design and equip construction of outdoor public murals in Albuquerque in
Bernalillo county

15

50,000

LGD

D2908

ALB ROUTE 66 SIGNAGE
CONSTRUCT

Take (Non-emergency; not on
Bernalillo ICIP)

to plan, design, construct and install route 66 signage at the Central avenue and Lomas
boulevard intersection area in Albuquerque in Bernalillo county

16

105,000

LGD

D2912

ALB SPANISH BIT TRANSIT
STATION CONSTRUCT

Take (No activity in year; #43 on
Bernalillo ICIP)

to plan, design, construct, furnish and equip a driver's room at the Spanish Bit transit
station in Albuquerque in Bernalillo county

17

490,000

LGD

D2918

ALB VILLELA PARK BICYCLE
REPAIR ED FCLTY

Take (No activity in year; #112 on
Bernalillo ICIP)

to plan, design, construct, furnish and equip a bicycle repair education facility in Villela
park in Albuquerque in Bernalillo county

Take - Inadequate funding; land
Bernalillo purchase required; #91 on ICIP

to purchase property for the development of a park near the Wells Park community
center in Albuquerque in Bernalillo county

Take - Inadequate funding; #79 on to acquire land for and to plan, design, construct and equip the Westgate little league
complex in Albuquerque in Bernalillo county
Bernalillo ICIP; land purchase required

18

240,000

LGD

D2921

ALB WELLS PARK
COMMUNITY CTR PROPERTY
PRCHS

19

100,000

LGD

D2924

ALB WESTGATE LITTLE
LEAGUE CMPLX CONSTRUCT

51
Page 1 of 5

6/8/2020

 2019 GF Outstanding Capital with No Encumbrances, No Expenses, and Non-Compliant
A
1

Approp
Amount

B

C

D

E

F

G

Agency

Approp
ID

Title

County

Comments

Description

20

68,000

LGD

D2932

CANON DE CARNUE LAND
GRANT RV PARK
CONSTRUCT

21

150,000

DOT

D3271

ALAMEDA BLVD NW MEDIANS
IMPROVE BERN CO

Take (median landscapting;
Bernalillo inadequate funds; no activity)

to plan, design and construct improvements to median landscaping on Alameda
boulevard NW in Bernalillo county

D3275

ATRISCO DR CONSTRUCT
BERN CO

Take (Requires ROW not
determined; inadequate funds; no
Bernalillo activity in year)

to acquire rights of way for and to plan, design and construct a road, including drainage,
off Atrisco drive between Rosendo Garcia road and San Ygnacio road in Bernalillo
county

D3283

NM HWY 14
PEDESTRIAN/BICYCLE PATHS
CONSTRUCT

Bernalillo Take - Inadequate funds

to plan, design and construct pedestrian walkways and bicycle paths along New Mexico
highway 14 in Bernalillo county

D3290

ALB PARKLAND HILLS
SIDEWALK IMPROVE

Bernalillo Take (ROW not acquired)

to acquire rights of way for and to plan, design and construct improvements, including
accessibility, to sidewalks in the Parkland Hills neighborhood in Albuquerque in Bernalillo
county

Take - Not on ICIP; inadequate
Bernalillo funding; no activity

to plan, design and construct pedestrian and traffic calming improvements to the Santa
Barbara-Martineztown area of Albuquerque in Bernalillo county

22

23

24

250,000

25,000

152,000

DOT

DOT

DOT

Out of audit compliance with
Bernalillo Executive Order No. 2013-06

to plan, design, construct, install and equip a recreational vehicle park on the common
lands of the Canon de Carnue land grant-merced in Bernalillo county

25

75,000

DOT

D3292

ALB SANTA BARBARAMARTINEZTOWN ROADS
IMPROVE

26

100,000

DOT

D3304

PALOMAS AVE NE PLAN DES
ALB

Take - Not on ICIP; Inadequate
Bernalillo funding; no activity in year

to plan and design improvements to Palomas avenue NE from Louisiana boulevard to
San Pedro road in Albuquerque in Bernalillo county

27

25,000

DOT

D3307

TOWER ROAD MEDIAN ALB

Take - Landscaping; inadequate
Bernalillo funds

to plan, design, construct and landscape a median on Tower road in Albuquerque in
Bernalillo county

28

300,000

HED

D3422

ALB RAIL YARDS CNM FILM
PRODUCTION CTR

Bernalillo Take (Not on CNM ICIP)

29

73,000

PED

D2214

EAST MOUNTAIN HIGH SCHL
SCIENCE CLASSROOMS REN

Bernalillo Take - no activity in year

D2587

LAGUNA PUEBLO
COMMUNITY CTR
CONSTRUCT

30

190,000

IAD

Cibola

Take - Inadequate funding; new
construction; no activity

Take - Per agency take $2.4 mil;
keep $3 mil for preliminary
plannning, design, engineering
required for federal funds for
Dona Ana construction

to plan, design and construct the central New Mexico community college film production
center of excellence at the rail yards in Albuquerque in Bernalillo county
to plan, design, construct, renovate, demolish, furnish, equip and install improvements to
science classrooms at East Mountain high school in the Albuquerque public school
district in Bernalillo county
to plan, design, construct and equip the Laguna K'awaika community center in the
Pueblo of Laguna in Cibola county

BA

D2084

BORDER AUTH SANTA
TERESA TO SUNLAND PARK
RD EXTEND

100,000

DOT

D3332

LA UNION SIDEWALKS
CONSTRUCT

Take (Requires ROW; no activity in to acquire rights of way for and to plan, design and construct sidewalks in La Union in
Dona Ana county
Dona Ana year)

33

200,000

PED

D2333

GADSDEN ISD ACTIVITY BUS

Take - Per CPMS School district
Dona Ana declined funds

34

10,000

PED

D2335

NEW AMERICA SCHOOL-LAS
CRUCES BLDG & GROUNDS

Take - Inadequate funds; no
Dona Ana activity for year

to purchase and equip an activity bus for the Gadsden independent school district in
Dona Ana county
to plan, design, construct, purchase, renovate, furnish and equip improvements to the
New America school-Las Cruces buildings and grounds, including information
technology and related equipment, vehicles and infrastructure, in Las Cruces in Dona
Ana county

35

150,000

LGD

D3043

VAUGHN COMMUNITY CTR
IMPROVE

Out of audit compliance with
Guadalupe Executive Order No. 2013-06

to plan, design and construct improvements, including heating, ventilation and air
conditioning systems, to a community center in Vaughn in Guadalupe county

31

2,400,000

32

to plan, design and construct a road between Santa Teresa and Sunland Park in Dona
Ana county

52
Page 2 of 5

6/8/2020

 2019 GF Outstanding Capital with No Encumbrances, No Expenses, and Non-Compliant
A
1

Approp
Amount

B

C

D

E

F

G

Agency

Approp
ID

Title

County

Comments

Description

36

60,000

ENV

D2469

PUERTO DE LUNA MDWC &
MSWA WATER SYS IMPROVE

Out of audit compliance with
Guadalupe Executive Order No. 2013-06

to plan, design and construct water system improvements for the Puerto de Luna mutual
domestic water consumers and mutual sewage works association in Guadalupe county

37

250,000

ENV

D2470

VAUGHN WATER METERS
INSTALL

Out of audit compliance with
Guadalupe Executive Order No. 2013-06

to plan, design, construct, purchase and install water meters for the water system in
Vaughn in Guadalupe county

38

20,000

LGD

D3044

MOSQUERO VETERANS
PARK IMPROVE HARDING CO

Harding

Out of audit compliance with
Executive Order No. 2013-06

to plan, design, construct, renovate, purchase, equip and install improvements, including
fencing, to a veterans memorial park in Mosquero in Harding county

39

600,000

ENV

D2478

CARRIZOZO WELLS & WELL
HOUSES

Lincoln

Out of audit compliance with
Executive Order No. 2013-06

to plan, design, construct, purchase and equip wells and well houses for Carrizozo in
Lincoln county

40

50,000

LGD

D3082

GALLUP INTERTRIBAL INDIAN
CEREMONIAL BLDG IMPROVE

McKinley

Take - Inadequate funds; no
activity for year

to plan, design, construct, repair and equip improvements to the Intertribal Indian
ceremonial building in Gallup in McKinley county

McKinley

Take - On ICIP for plan and design
in 2022; $3 mil match by NTU &
Navajo Nation to pay construction for the expansion of the trades program facility at the Crownpoint campus of Navajo
not confirmed
technical university

41

750,000

HED

D3429

NAVAJO TECH UNIV TRADES
PRGM FCLTY EXPAND
MORA CO CHIEF THEATER
IMPROVE

42

240,000

LGD

D3094

43

85,000

ENV

D2491

44

38,000

LGD

45

185,000

46

Mora

Take (2020 funds vetoed; no
activity or obligations)

Mora

Out of audit compliance with
Executive Order No. 2013-06

to plan, design, construct, furnish and equip improvements, including a new screen,
projection equipment, seats, restrooms and a concession area, to the Chief theater in
Mora county

D3096

BUENA VISTA MDWC & SWA
WATER SYS IMPROVE
LINCOLN CO GREENTREE
SWA ELEC VEH CHARGING
NETWORK

Multiple

Take - Inadequate funding

LGD

D3100

ESPANOLA RECREATIONAL
OPEN SPACE & TRAILS

Multiple

Take - Inadequate funding;
to purchase property and to plan, design and construct new recreational spaces and
requires land purchase; no activity trails in Espanola in Rio Arriba and Santa Fe counties

12,095

LGD

D3112

SACRAMENTO MOUNTAINS
MUSEUM IMPROVE

Otero

47

100,000

LGD

D3121

SANTA FE/DEL NORTE BOYS
& GIRLS CLUB VEHICLES

Rio Arriba Take - No activity in year

to purchase and equip vehicles for the boys and girls club of Santa Fe/del norte in Rio
Arriba county

48

25,000

ENV

D2502

PLAZA BLANCA MDWCA
WATER SYS IMPROVE

Out of audit compliance with
Rio Arriba Executive Order No. 2013-06

to plan, design and construct water system improvements for the Plaza Blanca mutual
domestic water consumers association in Rio Arriba county

49

200,000

ENV

D2510

AGUA SANA WUA RADIO
READ METERS

Out of audit compliance with
Rio Arriba Executive Order No. 2013-06

to purchase, equip and install radio read meters for the Agua Sana water users
association in Rio Arriba county

50

100,000

DOT

D3384

ELIDA STREETS IMPROVE

Take - Inadequate funds; no
Roosevelt activity in year

to plan, design and construct improvements to streets in Elida in Roosevelt county

D2512

NORTH STAR DWC & MSWC
PIPELINE CONNECT

Out of audit compliance with
San Juan Executive Order No. 2013-06

to plan, design and construct a regional pipeline connection to the Flora Vista water
system from the North Star domestic water consumers and mutual sewage works
cooperative in San Juan county

D2514

BLANCO MDWC & MSWA
WATER LINE EXTEND

Out of audit compliance with
San Juan Executive Order No. 2013-06

to plan, design and construct a water line extension from the Blanco mutual domestic
water consumers and mutual sewage works association to the Turley and San Juan and
Las Vegas communities in San Juan county

51

52

400,000

500,000

ENV

ENV

Take - Inadequate funding

to plan, design and construct water system improvements for the Buena Vista mutual
domestic water consumer's and sewage works association in Mora county
to plan, design, construct and equip a rural electric vehicle charging network for the
Greentree solid waste authority and the Mescalero Apache Tribe in Lincoln and Otero
counties

to plan, design and construct improvements to the Sacramento mountains museum and
pioneer village in Cloudcroft in Otero county

53
Page 3 of 5

6/8/2020

 2019 GF Outstanding Capital with No Encumbrances, No Expenses, and Non-Compliant
A
1

Approp
Amount

B

C

D

E

F

G

Agency

Approp
ID

Title

County

Comments

Description

Out of audit compliance with
San Miguel Executive Order No. 2013-06

to plan, design, construct, renovate, furnish and equip improvements to the Tecolote
land grant-merced multipurpose center, including the roof and septic system, in San
Miguel county

53

50,000

LGD

D3163

TECOLOTE LAND GRANTMERCED MLTPRPS CTR REN

54

80,000

ENV

D2523

ROWE MDWCA IMPROVE

Out of audit compliance with
San Miguel Executive Order No. 2013-06

to plan, design and construct water system improvements for the Rowe mutual domestic
water consumers association in San Miguel county

55

25,000

ENV

D2524

ROWE MDWCA WATER
SYSTEM IMPROVE

Out of audit compliance with
San Miguel Executive Order No. 2013-06

to plan, design and construct water system improvements for the Rowe mutual domestic
water consumers association in San Miguel county

56

10,000

PED

D2367

WEST LAS VEGAS PSD HEAD
Take - Inadequate funds; no
START PGRND CONSTRUCT
San Miguel activity for year

Take - Inadequate funds; purchase
of new construction or existing
to plan, design, purchase, construct and furnish a building for the Sandoval county fair
board in Cuba in Sandoval county
Sandoval bldg.
Sandoval Take - Inadequate funds

to plan, design, construct and equip an early childhood playground for the west Las
Vegas public school district head start program in San Miguel county

57

70,000

LGD

D3173

SANDOVAL CO FAIR BOARD
BLDG PRCHS & CONSTRUCT

58

30,000

LGD

D3175

JEMEZ SPRINGS CMTY PARK
IMPROVE PHASE 1

59

66,750

DOT

D3401

CORRALES RD & DRAIN
INFRA

60

360,000

IAD

D2691

SANTA ANA PUEBLO ED
CMPLX

Take - Inadequate funding; not on
Sandoval ICIP
Take - TIF funds not granted; 2019
Plan/Design vetoed; no activity in
Sandoval year; Inadequate funds

61

95,000

LGD

D3188

SANTA FE CO SANTA FE
MOUNTAIN CTR YURT

Santa Fe Take - No activity in year

to plan, design, construct and equip a yurt for the Santa Fe mountain center youth and
adult programs in Santa Fe county

Take - No activity in year; not on
Santa Fe ICIP)

to plan, design, construct and equip improvements to the Santa Fe mountain center
urban adventure center building in Santa Fe in Santa Fe county

to plan and design improvements to a community park in Jemez Springs in Sandoval
county
to plan, design, construct, repair and improve the infrastructure for roads and storm
drainage in Corrales in Sandoval county
to plan, design, construct, furnish and equip an education complex, including a library,
for the Pueblo of Santa Ana in Sandoval county

62

84,500

LGD

D3189

SANTA FE CO SANTA FE
MOUNTAIN URBAN
ADVENTURE CTR

63

100,000

DOT

D3405

ZAFARANO DR CONSTRUCT
SANTA FE CO

Take - Inadequate funds; requires
Santa Fe eastments & ROW; not on ICIP

to purchase easements and rights of way for and to plan, design, extend and construct
Zafarano drive from Rufina street to Agua Fria street in Santa Fe county

64

50,000

ENV

D2547

LA BAJADA MDWCA WATER
SYS IMPROVE

Out of audit compliance with
Santa Fe Executive Order No. 2013-06

to plan, design and construct water system improvements for La Bajada mutual
domestic water consumers association in Santa Fe county

SFCC ADULT EDUCATION
INFRA IMPROVE

Santa Fe Take - Inadequate funds

to plan, design, construct, renovate, purchase, equip and install infrastructure
improvements to Santa Fe community college adult education facilities, including
flooring, equipment and training and laboratory space improvements, in Santa Fe county

65

10,000

HED

D3438

66

25,000

IAD

D2712

67

35,000

PED

D2381

SFIS LEADERSHIP INSTITUTE
EQUIP
NINA OTERO CMTY SCHL
OUTDOOR SEATING
CONSTRUCT

68

10,000

PED

D2383

SANTA FE PSD ALTERNATIVE
SITES ED SPEC PLAN

69

10,000

PED

D2385

TIERRA ENCANTADA CH
SCHL CONSTRUCT

Take - No activity in year;
Santa Fe inadequate funding
Take - Inadequate funding; no
Santa Fe activity in year

to purchase furniture, information technology and equipment for the leadership institute
at the Santa Fe Indian school in Santa Fe in Santa Fe county
to plan, design, construct, equip, furnish and install a Kiva outdoor classroom and
seating area at Nina Otero community school in the Santa Fe public school district in
Santa Fe county

Santa Fe Take - Inadequate funding

for development of an educational specification plan for alternative site facilities and to
plan, design, construct, purchase and make improvements for permanent facilities at
these sites in the Santa Fe public school district in Santa Fe county

Santa Fe Take - Inadequate funding

to acquire property and to plan, design and construct a school facility for the Tierra
Encantada charter school in Santa Fe in Santa Fe county

54
Page 4 of 5

6/8/2020

 2019 GF Outstanding Capital with No Encumbrances, No Expenses, and Non-Compliant
A
1

70

Approp
Amount

35,000

B

C

D

E

F

G

Agency

Approp
ID

Title

County

Comments

Description

PED

D2394

KEARNY ELEM SCHL
IMPROVE SANTA FE

Santa Fe Take - Inadequate funding

to plan, design, construct, purchase, equip, furnish and install improvements to Kearny
elementary school, including basketball court improvements and shade structures for the
bus area and playgrounds, in the Santa Fe public school district in Santa Fe county

Santa Fe Take - Inadequate funding

to plan, design, construct, equip, furnish and install improvements to Mandela
international magnet school, including the entrance and the main hall flooring, in the
Santa Fe public school district in Santa Fe county

Take - No request for resource
to purchase resources for the library at Milagro middle school in the Santa Fe public
Santa Fe purchases or activity in over a year school district in Santa Fe county

71

10,000

PED

D2395

MANDELA INTERNATIONAL
MAGNET SCHL IMPROVE

72

50,000

PED

D2396

MILAGRO MID SCHL LIBRARY
RESOURCES

73

100,000

LGD

D3226

CERRO MULTIPURPOSE
CENTER IMPROVE TAOS CO

Taos

Taos

Take - Not on ICIP; no activity in
year

to plan, design, renovate, construct, equip and furnish a multipurpose center in Cerro in
Taos county
for the New Mexico land grant council to acquire land within and for the Cristobal de la
Serna land grant-merced in Taos county

to plan, design and construct improvements to roads, including Cabresto road, in Questa
in Taos county

74

50,000

LGD

D3228

CRISTOBAL DE LA SERNA
LAND GRANT-MERCED LAND
ACQ

75

300,000

LGD

D3230

QUESTA BUSINESS PARK
UTLTY INFRA IMPROVE

Taos

Take - Inadequate funds; requires
land acquisition; not on ICIP
Take - Inadequate funds; no
activity for year; project cost $2.3
million

76

300,000

DOT

D3413

QUESTA ROADS IMPROVE

Taos

Take - Inadequate funds; no
activity in year

77

100,000

EDD

D2143

TAOS CO ECON DVLP CORP
MOBILE MATANZA

Taos

Take (Project cost not determined; for upgrades and repairs to the mobile livestock slaughter unit for the Taos county
not on ICIP; no activity in year)
economic development corporation in Taos county

Taos

Take - New construction;
inadequate funding; no activity in
year

to plan, design and construct a building for the Red River Valley charter school in Red
River in Taos county

Valencia

Take - Inadequate funds; requires
master plan; no activity in year

for a drainage master plan and to plan, design and construct drainage improvements in
Rio Communities in Valencia county

78

300,000

PED

D2406

RED RIVER VALLEY CH SCHL
BLDG CONSTRUCT

79

115,000

DOT

D3420

RIO COMMUNITIES
DRAINAGE PLAN

80

14,510,743

to plan, design and construct improvements to utility infrastructure in a business park in
Questa in Taos county

TOTAL (78 Projects)

55
Page 5 of 5

6/8/2020

 NEW MEXICO FINANCE AUTHORITY SOLVENCY FUNDS
SUMMARY
June 3, 2020
•

New Mexico Finance Authority (NMFA) proposed a sweep of its funds totaling approximately
$9.8 million.

•

$5.3 million is from the 2019 general fund appropriation for the Water Project Fund. According
to NMFA, $6 million was appropriated in HB2 to “repay” the Water Project Fund for prior
Severance Tax Bond (STB) sweeps. The Office of the State Engineer receives 10% of all monies in
the Water Project Funds, and $100 thousand was committed to projects. NMFA recommends
sweeping the balance. NMFA expects that loan repayments in the Water Trust Board will be
available to backfill this appropriation. NMFA states that the $5.3 million can be swept without
impairing any projects.

•

The other $4.5 million is from the Public Project Revolving Fund to Local Government Planning
Fund and the state match for the Drinking Water State Revolving Loan Fund (DWSRLF). NMFA
proposed that Local Government Planning Fund is swept of $2 million. This Fund has not been
used for an appropriation in two years, and NMFA expects demand for planning projects to
remain low. NMFA also proposed that DWSRLF is swept of its $2.5 million balance. NMFA
reports that it can use interest earnings on Tier II (loan repayment) funds to backfill the DWSRLF
for one year.

•

NMFA approved the request to share these proposed sweeps with Legislative Council Services
for initial legislative drafting

56

 Summary of GAA Reduction Bill
Sections 1&2: Reduce general fund appropriations made in House Bills 1 and 2 (GAA, Section 4)
•

Reduces recurring general fund appropriations 4 percent with the following exceptions:
o Tiered sanding 2-6 percent (Agency High Level)
o Includes flexibility to allow agencies to apply cuts as they see fit
o Includes language directing agencies to cut non-direct service expenses first

Section 3: Specific general fund reductions (GAA, Section 4)
•

Includes additional targeted cuts in addition to sanding.

Section 4: General fund reductions resulting from federal grants
Section 5: Changes to public schools support appropriations (GAA, Section 4K)
•
•
•
•
•
•
•
•
•

Reduce SEG to new amount to reflect recurring changes shown in high level.
Further reduce SEG by $44,661 to adjust for additional federal funds.
Language changes: Adjust pay and amounts to 0%-1%, adjust K5 plus set aside by $40 million,
adjust language for PE, mentorship, early literacy.
Sand categorical and related appropriations 6%, reduce related appropriations proportionately
by an addition $3.4 million. Limit transportation reductions.
Further reduce related appropriations proportionately by $10 Million due to increased federal
funds.
Reduce other non-recurring appropriations as shown in tables.
New Language – Contingent on a final decision that NM cannot use impact aid credit in FY20, any
SEG balances shall revert to the state support reserve fund to support maintenance of the unit
value.
New Language - PED authority to reset the unit value.
New Language – For school wide programs in FY20, allow K-5 Plus days to be added throughout
FY21 rather than beginning of year, PED may waive requirement up to 10 days due to public
health emergency. Require LEAs to justify not doing extended learning.

Section 6: Language authorizing use of tobacco revenue in Medicaid program fund
Section 7: Reductions to special, supplemental and IT appropriations (GAA, Sections 5, 6, and 7)
•

Reduces non-recurring spending $57 million.

Section 8: Changes to DD waiver reversion thresholds
•

Program will revert $7 million to general fund and keep any amount in excess (estimated at an
additional $7 million)

Section 10: Reductions to compensation appropriations for state and higher education employees (GAA,
Section 8)
Reduces compensation increases from 4 percent to 0-1
percent
Section 11: Reduce general fund appropriation to NMDOT by $30 million (GAA, Section 9)
•

57

 Section 12: Reduce general fund transfers to ECED, PERA, (GAA Section 10)
Section 13: Allocation of federal CARES Act State/Local Relief Funds
•

See attachment 1

Section 14: Tax stabilization reserve transfer
Section 15: Tobacco settlement permanent fund transfer
•

See attachment 2

Section 16: Authority for DFA to reduce budgets an additional 2 percent based on revenue
Section 17: Authority for DFA to reduce allotments in accordance with this Act
Section 18: Special Session appropriation
Section 19: Extension of special appropriation for US census.
Section 20: emergency clause

58

 Allocation of Federal Stimulus Funding- Attachment 1

The state of New Mexico, including political subdivisions of the state, did not anticipate expenditures for
the operation of government in budgets for fiscal year 2020 or fiscal year 2021 to respond to the COVID19 public health emergency. Of the money remaining from the federal CARES Act state and local relief
fund allocation to the state of New Mexico:
1. One hundred thirty million dollars ($130,000,000) shall be used for necessary expenditures
incurred due to the COVID-19 public health emergency, including reimbursing agencies for
eligible expenditures in fiscal year 2020 and ongoing public health emergency needs in fiscal year
2021.
2. One hundred fifty million dollars ($150,000,000) shall be allocated by the department of finance
and administration to cities and counties with a population of less than five hundred thousand
residents through a formula that takes into consideration population and share of gross receipts
taxes as a percentage of local revenue for necessary expenditures responding to the public health
emergency such as public safety, health and other government expenditures necessary for
mitigating the effects, including secondary effects, of the public health emergency in fiscal year
2021, including reimbursing unforeseen expenditures in fiscal year 2020.
3. In addition to the amounts in subsection X (2 above) and using the same formula, the department
of finance and administration shall allocate an additional fifteen million dollars ($15,000,000) to
the counties of Cibola, McKinley, and San Juan, and municipalities within those counties, for the
same purposes as subsection above due to the extraordinary impact of the public health emergency,
and associated unforeseen costs, in those jurisdictions.
4. In addition to the amounts in subsection X (2 above) and using the same formula, the department
of finance and administration shall allocate an additional twenty-three million dollars
($23,000,000) for the governments of Indian nations, pueblos, or tribes for the same purposes as
subsection above due to the extraordinary impact of the public health emergency, and associated
unforeseen costs, in those jurisdictions.
5. Seven hundred fifty million dollars ($750,000,000) shall be transferred to the appropriations
account in the general fund for expenditure in fiscal year 2021 on expenditures reasonably
necessary for the operation of government, including:
a. necessary expenditures within state agencies, public schools and higher education to
comply with the public health orders, including sanitation, alternative work and service
delivery practices, and secondary effects caused by COVID-19 to operations;
b. public health, public health facilities, public safety, adult and juvenile corrections, human
services, other non-Medicaid health and behavioral health expenditures to comply with
public health orders;
c. expenditures for public and higher education to deliver educational services, including
facilitating social distancing, mitigating lost learning, and to facilitate economic support
for businesses in New Mexico to have a skilled workforce.
6. Contingent on official notice by the federal government disallowing the use of funds in the manner
provided in subsection 4, the department of finance and administration, public education
department and higher education department shall specifically account for those expenses in
subsection 4 a, b, c in agency budgets, local education agency budgets, and institutions of higher
education budgets and account for the portion of the general fund allotment using the CARES act
state relief fund instead.
7. Contingent on official notice by the federal government disallowing the use of funds in the manner
provided in subsection 4 and subsection 5, and department of finance and administration
certification some or all of the CARES act state/local relief cannot be used as provided in those

59

 sections, the board of finance may approve a transfer of funds in an amount equal to the shortfall
in the general fund appropriation account from the tax stabilization reserve, not to exceed seven
hundred fifty million dollars ($750,000,000).

60

 Tobacco and TSR Revenue Language- Attachment 2
Intercept of tobacco distribution
•

•

“Fifty percent of the fiscal year 2021 distribution to the state pursuant to the master settlement
agreement entered into between tobacco product manufacturers and various states, including
New Mexico, and executed November 23, 1998, shall be distributed to the tobacco settlement
program fund; provided that this distribution is in addition to the annual distribution from the
tobacco settlement permanent fund to the tobacco settlement program fund.”
New Section related to tobacco intercept: The appropriations in Section 4 of the General
Appropriation Act of 2020 are each increased by the following:
o 1 - The internal service funds/interagency transfers appropriation to the fiscal
management and oversight program of the department of finance and administration in
the other financing uses category is increased by seventeen million dollars
($17,000,000) from the tobacco settlement program fund for Medicaid programs.
o 2 - The internal service funds/interagency transfers appropriations to the medical
assistance program of the human services department is increased by seventeen million
dollars ($17,000,000) from the department of finance and administration for Medicaid
programs.

Tapping tobacco permanent fund:
•

Pursuant to Subsection F of Section 6-4-9 NMSA 1978, if the department of finance and
administration certifies to the state board of finance that federal Coronavirus Aid, Relief, and
Economic Security Act funds cannot be transferred to the appropriation account of the general
fund, as provided for in Section 10 this 2020 act, and if, after accounting for all transfers to the
general fund authorized by the General Appropriation Act of 2020 and by Section 11 of this 2020
act, revenue and transfers to the general fund at the end of fiscal year 2021 are insufficient to
meet appropriations, the governor, with the approval of the state board of finance, may transfer
to the appropriation account of the general fund the amount necessary to meet that fiscal year's
obligations from the tobacco settlement permanent fund."

Tax Stabilization Reserve language and provisions:

Pursuant to Subsection E of Section 6-4-2.2 NMSA 1978, money in the tax stabilization reserve
may be expended as follows:
a. If, after accounting for all transfers to the general fund authorized by the General
Appropriation Act of 2020, including transfers from the general fund operating reserve
and the appropriation contingency fund, revenue and transfers in the general fund at
the end of fiscal year 2020 are insufficient to meet appropriations, the governor, with
state board of finance approval, may transfer to the appropriation account of the
general fund the amount necessary to meet that fiscal year’s obligations from the tax
stabilization reserve.
b. If, after accounting for all transfers to the general fund authorized by the General
Appropriation Act of 2020, including transfers from the general fund operating reserve
and the appropriation contingency fund, revenue and transfers in the general fund at

61

 the end of fiscal year 2020 are insufficient to meet appropriations, the governor, with
state board of finance approval, may transfer to the appropriation account of the
general fund the amount necessary to meet that fiscal year’s obligations from the tax
stabilization reserve, provided that the total transferred pursuant to this subsection
shall not exceed ________ million dollars ($XXX,000,000).
c. If DFA certifies to SBOF that CARES funds cannot be transferred to appropriations
account as provided for in section X of this bill, the governor with SBOF approval may
transfer to the appropriation account of the general fund the amount necessary to meet
that fiscal year’s obligations from the TSR.
Add provision requiring DFA to sand 2% from operating budgets and certify to SBOF that the
sanding was insufficient to cover shortfall before the fund can be tapped.

62