New Mexico

Did the NM Legislature fund my program? See a list of 360 projects in 2024 state budget – Source New Mexico

Published

2 years ago

February 19, 2024

Did the NM Legislature fund my program? See a list of 360 projects in 2024 state budget – Source New Mexico

The New Mexico Legislature this year spent more than $320 million on hundreds of local projects requested by lawmakers and 16 select pilot programs that will get three years of funding to determine whether they are effective.

The “Government Results and Opportunity Project Fund” is the newly created home for statewide pilot programs and projects funded through what was formerly known as the “junior” supplemental appropriations bill.

In addition to the $320.6 million in smaller projects laid out in the budget to be funded over the next three years, state lawmakers deposited an additional $512.2 million into a new trust fund overseen by the New Mexico State Investment Council.

That additional money will be invested and is expected to grow and continue to fund projects beyond three years from now.

Funding local projects this way was a recommendation from the New Mexico Legislative Finance Committee, which touted the trust fund is a way to make future use of the roughly $3.5 billion surplus the state enjoyed this year while also reining in the spending on state programs that might end up failing.

The “junior” appropriations process has been criticized in the past for lack of transparency. It was, until recently, difficult to learn which lawmaker sponsored which project. The state Department of Finance and Administration recently published a detailed list of “junior” appropriations between fiscal years 2021 and 2024. The fiscal year 2025 projects are listed below.

Rep. Nathan Small (D-Las Cruces), the chair of the House Appropriations and Finance Committee, sponsored House Bill 196, which created the funds. It was endorsed by the New Mexico Finance Committee and passed the Senate on Wednesday, Feb. 14. One benefit of the new process, he said at the hearing, is increased evaluation and accountability for state spending.

The portion of the new funding not being invested is paying for 15 three-year pilot projects in multiple state agencies. It also funds 344 small projects requested by lawmakers and Gov. Michelle Lujan Grisham that will be funded for the next two years.

Search the list of projects

The 16 pilot projects cost $216 million over the next three years. Those projects range in cost from $1.5 million, including for suicide prevention training, to $60 million, which will pay tuition and fees for students getting workforce training classes at some state colleges.

The small projects cost $104.6 million over the next two years. Most of those projects cost between $160,00 and $200,000, though some are several million dollars.

The 344 projects being funded with that money will pay for a wide range of programs, including marketing for a bicycle race in Silver City, more funding for an Albuquerque food bank, civil legal services across the state and more.

See a searchable list below. The list does not include the lawmakers who sponsored each project, because Gov. Michelle Lujan Grisham has not yet signed the budget into law, according to legislative staff. Source New Mexico will update the list with lawmaker names as soon as they are released.

But, in the meantime, you can search projects by keyword, and sort by agency, county and amount awarded.

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New Mexico

New Mexico spoils Nevada’s Senior Day as Lobos leave Reno with 63-56 win

Published

10 hours ago

March 1, 2026

Press Room

New Mexico spoils Nevada’s Senior Day as Lobos leave Reno with 63-56 win

The Nevada women’s basketball team dropped its final home contest of the 2025-26 season on Saturday with New Mexico spoiling Senior Day and pushing past the Wolf Pack for a 63-56 win.

The Wolf Pack led 36-34 at halftime behind a hot-shooting start. Skylar Durley, Imbie Jones and Ahrray Young each had six points as Nevada shot 14-of-25 from the field (56%). But things cooled off in the second half, with the Lobos outscoring the Wolf Pack 19-13 in the third quarter to take a four-point lead into the fourth. Nevada’s shooting woes only worsened in the final period when it made just three field goals, including none in the final four minutes.

Durley led Nevada with 16 points and six rebounds. Young finished with 10 points, three rebounds and three assists. The Wolf Pack made just one three-pointer out of its nine attempts.

The loss drops Nevada to 9-20 overall, 5-14 within the Mountain West Conference. The Wolf Pack now heads to Utah State for Tuesday’s regular-season finale before opening the Mountain West Tournament play next Saturday in Las Vegas.

Watch our coverage of the game below.

Highlights and reaction from Nevada’s loss to New Mexico.

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New Mexico

San Diego State vs New Mexico Prediction, Picks & Odds for Today’s College Basketball Game

Published

22 hours ago

February 28, 2026

Press Room

San Diego State vs New Mexico Prediction, Picks & Odds for Today’s College Basketball Game

Expect the offenses to shine when SDSU visits New Mexico in The Pit today, per our college basketball betting picks.

Feb 28, 2026 • 10:23 ET

• 4 min read

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New Mexico

Public Service Company of New Mexico Declares Preferred Dividend

Published

1 day ago

February 28, 2026

Press Room

ALBUQUERQUE, N.M., Feb. 27, 2026 /PRNewswire/ — The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2026, to shareholders of record at the close of business March 31, 2026.

Background:
TXNM Energy (NYSE: TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company’s website at www.TXNMEnergy.com.

CONTACTS:
Analysts
Lisa Goodman
(505) 241-2160

Media
Corporate Communications
(505) 241-2743

SOURCE TXNM Energy, Inc.

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