State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-6 > Article-3 > Section-6-3-10

6-3-10. Budget defined.

The budget means a complete statement as to the financial operation of all state agencies for the fiscal year last completed, the current fiscal year and a financial plan for the operation of all state agencies for the succeeding fiscal year.   

The budget for the succeeding fiscal year shall set forth in detail the following:   

A.     all proposed expenditures for the administration, operation and maintenance of all state agencies;   

B.     all interest and debt redemption charges;   

C.     all expenditures for capital projects to be undertaken and executed;   

D.     all anticipated revenues; and   

E.     means of financing proposed expenditures.