State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-6 > Article-3 > Section-6-3-24

6-3-24. Budget adjustments; authorizations permitted.

A.     A state agency may be specifically authorized by law to request a budget adjustment.  The amount of budget adjustment authorized may be limited by law.  All requests for budget adjustments shall be made in accordance with the procedures set forth in Section 6-3-25 NMSA 1978.   

B.     The state budget division of the department of finance and administration may approve budget adjustments for state agencies as provided by law.  If the budget adjustment results in an increased expenditure of other state funds, internal service funds or interagency transfer funds above the amounts appropriated, such funds are hereby appropriated.