State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-6 > Article-3 > Section-6-3-23

6-3-23. Budget adjustment defined.

As used in Chapter 6, Article 3 NMSA 1978, "budget adjustment" means:   

A.     an increase or decrease in expenditures from other state funds, internal service funds or interagency transfer;   

B.     a transfer of funds from one division of an agency to other divisions of that agency;   

C.     a transfer of funds between budget categories within an agency or a division; or   

D.     an authorization to expend federal funds.