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New Mexico has $4.5 billion in state funding sitting untouched

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New Mexico has .5 billion in state funding sitting untouched


$4.5 billion has been allocated for hundreds of projects throughout New Mexico, but it’s just sitting unspent. That’s the total state lawmakers discovered in their latest capital outlay quarterly report.

ALBUQUERQUE, N.M. — $4.5 billion has been allocated for hundreds of projects throughout New Mexico, but it’s just sitting unspent. That’s the total state lawmakers discovered in their latest capital outlay quarterly report.

There are six pages of what’s called red-rated projects – plans with state money already set aside that have made almost no progress.

For example, in 2022, lawmakers approved $10 million for pedestrian improvements in Old Town and the Sawmill District in Albuquerque. None of that money has been spent.

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Over at UNM, $2 million was dedicated to health care lab improvements in 2021. Only around half a million has been spent.

Lawmakers awarded $1 million to renovate Santa Fe’s Midtown Campus in 2021. Officials haven’t spent a dime. So what’s the problem?

“It’s 112 different people making 112 different decisions without a lot of planning or coordination,” said Kristina Fisher, the associate director of Think New Mexico.

Fisher says the state’s capital outlay process is unique and outdated.

“Big projects don’t get fully funded and so a lot of the time there is money sitting on the sidelines because it is for a project that needs $10 million and a legislator was able to give them $2 million,” Fisher said.

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Fisher said paying for projects in layers adds up because construction costs grow every year, so they’re perpetually underfunded. On top of that, communication is another problem.

“Sometimes funding will go to projects that the local government didn’t know about, didn’t request, doesn’t want, so that can slow that down,” Fisher said.

Think New Mexico is one of the groups calling for changes to the way the state handles capital outlay. Instead of allocating money for each lawmaker to spend on projects in their districts, Fisher believes the state should pool the money together and then distribute it more evenly and efficiently.

“So you would have local governments and agencies saying, this is what we need for higher ed construction, this is what we need for roads, for water systems, and figure out, gosh, we have a high priority need for pipelines over here and over there, and let’s make sure those get fully funded and are on track to go right now,” Fisher said.

This past legislative session, the governor signed a bill ensuring there’s better tracking of those capital outlay funds being spent.

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To see the capital outlay quarterly report and all of the red-rated projects, click here.



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New Mexico

Four New Mexico companies nominated for ‘Best Hot Air Balloon Ride’ by USA Today

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Four New Mexico companies nominated for ‘Best Hot Air Balloon Ride’ by USA Today


NEW MEXICO (KRQE) — Four companies in New Mexico have been nominated for USA Today’s “Best Hot Air Balloon Ride” list for 2026. Voting is open now through June 1.

Here’s a look at the New Mexico nominees:

  • Four Corners Balloon Rides (Albuquerque)
    • “Four Corners Balloon Rides will get you soaring above Albuquerque in a hot air balloon. They fly smaller balloons with a capacity of up to 12 passengers, and you can opt between shared flights or a private charter, with flights running for about 45 minutes to an hour. You’ll see beautiful views of the Rio Grande Valley, the Sandia Mountains, and all of Albuquerque some 2,000 feet below you. The pilot, Daniel, has over 3,000 hours of flight time, so you’re ensured to be in good, safe hands. 
  • Rainbow Ryders (Albuquerque)
    • “As home to the International Balloon Fiesta, Albuquerque is one of the world’s most popular spots for hot air ballooning. Rainbow Ryders offers daily flights throughout the year, which have you floating above the high desert landscape of New Mexico, as well as the Phoenix-Scottsdale area. The company is also the official hot air balloon ride operator at the Albuquerque International Balloon Fiesta.
  • World Balloon (Albuquerque)
    • “World Balloon in Albuquerque, New Mexico, offers both group and private hot air balloon flights throughout the year. On flights that usually last an hour, passengers can enjoy unmatched views of the Rio Grande River and Bosque or watch the sunrise over the city.”
  • X-Treme-Lee Fun Balloon Adventures (Gallup)
    • “X-Treme-Lee Fun Balloon Adventures provides a beautiful sunrise hot air balloon tour near Gallup, New Mexico. On journeys that typically last about an hour, passengers can enjoy views of scenic Red Rock Park’s canyons and spires.”

A total of 20 companies were nominated overall. Multiple companies in neighboring states were also nominated. Those include Above It All in Aspen, Colorado, Adventures Out West in Colorado Springs, Firebird Balloons in Phoenix, Grand Adventure Balloon Tours in Winter Park, Colorado, Hot Air Expeditions in Phoenix, and Red Rock Balloons in Sedona, Arizona.

The winner will be determined by readers’ votes. You can vote online.

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New Mexico

Future of free childcare for all families in New Mexico remains uncertain

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Future of free childcare for all families in New Mexico remains uncertain


Gov. Michelle Lujan Grisham has no regrets about universal childcare.

As she approaches the end of her second term in New Mexico’s top office, she acknowledges there are some things she would have done differently. In a recent interview, she called 20/20 hindsight a “very powerful tool” that not enough politicians put to good use.

Moving the state toward a free childcare system — open to all New Mexico families regardless of income — isn’t on that list, however. The issue has turned into one of the defining public policy issues of Lujan Grisham’s tenure — which will come to an end later this year. The state’s heavily Democratic Legislature, initially wary of the program, has since voiced support and created a funding stream to continue the initiative for the next five years.

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‘You have to start there’

Childcare costs, benefits

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‘We have to get it right’

GOP might ‘peel back’ scope

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New Mexico

Opinion: Applauding Heinrich for bi-partisan permitting reform work – New Mexico Political Report

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Opinion: Applauding Heinrich for bi-partisan permitting reform work – New Mexico Political Report






Opinion: Applauding Heinrich for bi-partisan permitting reform work – New Mexico Political Report












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