The NMSU Office of Government Relations represents New Mexico State University’s interests and priorities with the state legislature, federal government, and government agencies.
Getting Ready for the 2019 Legislature
Legislative Update: Legislative Finance Committee Releases Revenue Estimates
The Legislative Finance Committee released the Consensus Revenue Estimate which shows $1.169 billion in new money. This projected revenue is above the FY19 appropriation. The consensus revenue estimate projects General Fund Reserves at $1.112 billion of 18.3% or recurring appropriations for FY18 and $2.164 billion or 34/2% or recurring appropriations for FY19. Below is the webllink for the LFC hearing Brief that provides more detail.
NMSU and the General Election
Two General Obligation Bonds directly impacting NMSU will be on the 2018 General Election Ballot. GENERAL OBLIGATION BOND D includes $31.2 million for all NMSU campuses and does NOT raise taxes.
$1.7 million for Doña Ana County Community College for infrastructure improvement, including roof repair and replacement.
$1.4 million for NMSU-Alamogordo for replacement of the roof at the Tays Center, and improve infrastructure campuswide
$1.6 million for NMSU-Carlsbad for infrastructure improvements campuswide and renovation of the Learning Assistance Center.
$1.5 million for NMSU-Grants for improvements at Martinez Hall including roof and code compliance improvements.
General Obligation Bond D includes a total of $128 million for Colleges and Universities statewide.
General Obligation Bond B would provide $12 million for libraries statewide and includes $610,000 for all of NMSU’s libraries system-wide.