New Mexico
New Mexico Legislative Finance Committee releases $10.8B budget recommendation • Source New Mexico
New Mexico’s Legislative Finance Committee on Wednesday recommended $10.8 billion in spending for the 2025-2026 fiscal year from the state’s general fund, a 5.7% increase over 2025 planned spending.
In a statement, Sen. George Muñoz (D-Gallup), LFC chairman and chair of the Senate Finance Committee, said “fiscal restraint has been critical to our successful efforts to transform the revenue boom of the last few years into long-term support for state services.” He continued to say the lawmaker’s intended budget recommendation balances increasing New Mexican’s income, health care and quality of life while saving for the future.
Democratic lawmakers held a news conference Wednesday to present their recommendations, which include $3 billion in one-time spending: $50 million for regional recreation centers and quality of life grants; $350 million for transportation projects; $855 million for special projects and $1.7 billion in transfers to endowments and other funds.
The budget also allocates 45% of the $577 million increase in recurring general fund spending to public education, primarily toward the formula-based state equalization guarantee distribution to school districts and charter schools.
Other budget highlights include:
• a 3% increase, or $36 million to the Higher Education Department
• approximately $79 million more to the Health Care Authority, primarily for Medicaid
• an average 4% increase for higher education and state employee salaries— $134 million.
“New Mexico is in the best financial situation it’s ever been in its history,” Muñoz told reporters Wednesday. “If we do maintain responsible policies in New Mexico, we’ll continue on this path to growth for the next 10 years.”
Gov. Michelle Lujan Grisham’s budget recommendations, which she released in December, call for $10.9 billion in recurring spending overall, including $172 million for state employee and educator raises.
Senate Majority Leader Peter Wirth (D-Santa Fe) said the Legislature’s budget proposal is “not that far apart” from the governor’s proposed budget, “and that’s a really good thing going into a session.”
The committee’s plan allocates 33% of planned spending for reserves; the governor’s recommends maintaining reserves at 30.4%.
In a statement, Department of Finance and Administration Cabinet Secretary Wayne Propst said the agency released the executive budget recommendation “earlier than ever to give both the public and the Legislature ample time to review and understand our plan before the LFC presented theirs.”
“We appreciate the effort that went into the LFC recommendation and agree that both recommendations align on key priorities and are very close to each other. Where differences exist, we look forward to working through them with the appropriating committees,” Propst said. “We’ve been proactive in building strong reserves and setting aside billions for the future. These next 60 days will test our collective resolve to resist unnecessary spending and stay focused on building a strong and stable financial future for New Mexico.”
Senate President Pro Tem Sen. Mimi Stewart (D-Albuquerque) also noted the budget includes a community benefit fund for electrification, transportation and clean jobs infrastructure designed to help local communities lower greenhouse gas emissions, and have healthier air, land and water.
Overall, House Appropriations and Finance Committee Chair Rep. Nathan Small (D-Las Cruces) said the budget focuses on making New Mexicans’ lives better immediately and in the next decade and beyond.
Wise spending in this budget will allow for sustained future raises for public servants like teachers, police officers, health care workers and others, Small said, “whereas in past cycles, it was a boom-and-bust approach.”
“We have an enviable opportunity in order to spend increased amounts today, while also saving for the future,” he said.
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New Mexico
Bear Fire Update for June 23, 2026
Acres: 7,769 acres
Start Date: June 9, 2026
Location: 18 miles southeast of Quemado, NM
Personnel: 169
Containment: 100%
Cause: Lightning
Summary: Containment lines are holding, and much of the repair work is completed on the Bear Fire. The Gila Las Cruces Type 3 Incident Management Team will transfer command of the fire back to the Gila National Forest and a Type 4 Incident Commander on Wednesday morning. Firefighters will continue to patrol and secure the perimeter while repair is completed.
Remarking on the success of firefighters on the Bear Fire, Incident Commander Marcus Cornwell said, “The support from the State of New Mexico Forestry Division, local landowners, and the Village of Quemado were instrumental in helping suppress the fire. Providing firefighters access to private land and use of Quemado High School proved pivotal.”
This will be the last daily update provided by the Gila Las Cruces Type 3 Incident Management Team. Any future updates for the Bear Fire will come from the Gila National Forest.
Weather: Today’s high temperature will be in the mid 80s. Moisture moving in from the south will improve relative humidity and drop temperatures slightly. The forecast shows daily chances of thunderstorms through Friday.
Safety: A Temporary Flight Restriction is in place through this evening. If you fly, we can’t! The Gila National Forest enacted an Area Closure Order for the Bear Fire.
Evacuations: Catron County Emergency Management lifted SET status for residences within zones 2, 3 and 4 on Thursday, June 18th. For more information about the change in evacuation status, visit Catron County Emergency Management.
Smoke: Smoke may be visible in and around surrounding communities. Air quality will vary based on fire activity, weather, and wind patterns. Residents should reduce prolonged outdoor activity when smoke is present and check the Air Quality Index before recreating or working outdoors. Sensitive groups should take extra precautions to limit smoke exposure. For real-time smoke conditions, visit https://fire.airnow.gov.
Fire Restrictions: The Gila National Forest is in Stage 1 Fire Restrictions due to long term severe drought in the Gila region, increased tree mortality across the forest, and forecasted hotter, drier weather conditions. Stage 1 Fire Restrictions limit campfires on forest land to designated recreation sites and campgrounds with constructed metal fire rings. Open burning is also prohibited in the unincorporated area of Catron County and in Catron County Fire District 30.
Public Information: 2026.bear@firenet.gov
Incident Information:
Facebook: www.facebook.com/GilaNForest
InciWeb: https://inciweb.wildfire.gov/nmgnf-bear-fire
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New Mexico
Woman arrested, accused of throwing knife and harassing neighbors
ALBUQUERQUE, N.M. – Southwest Albuquerque neighbors claim a woman targeted them for at least a year, throwing items into their yard, and leading one family to spend more than $1,000 on security.
Neighbors said they kept contacting Albuquerque police, the city and the state after the most recent encounter left a father with a cut on his face. They said Sunday’s arrest helped some, but they still do not feel safe.
Richard and Lindsey Boldin said they have dealt with harassment from Andrea Padilla-Garcia for at least a year. They said she has thrown broken glass, frozen food, a MacBook, metal poles and wood over their fence and dumped nail polish on it.
They said the incident with the glass resulted in a cut to Richard’s face.
“She can’t come back to where she lives. I won’t feel safe. There’s no way,” Lindsey Boldin said.
The Boldins said they spent more than a thousand dollars on security cameras, motion-sensor lights and other steps to protect their property. They also blocked the view into their yard, but said they still do not feel safe.
“It hurts the whole family. We’ve got to watch animals going outside. We have to watch when we go outside. You know, when can we go outside?” Richard Boldin said. “She kept coming to the fence and attacking the fence and shaking it and yelling at the fence at the children, you know, giving them inappropriate, you know, telling them inappropriate things.”
Neighbor Lawrence Lovato said he has lived in the neighborhood for about a year and what he has seen stands out from anything he has experienced before. He said he has called police multiple times.
“Never in my life have I have I seen something as horrible that I’ve seen here,” Lawrence Lovato said.
Lovato said he worries about his own safety and his daughter’s safety. Neighbors said they plan to keep looking out for one another and hope the latest arrest leads to help for Padilla-Garcia. She remains in jail and faced charges of battery and aggravated assault.
New Mexico
Retirement reality check: Is it too late to start saving?
ALBUQUERQUE, N.M. – Americans now say they need $1.46 million to retire comfortably, up $200,000 from last year, according to a study discussed by Oakmont Advisory Group.
David Hicks of Oakmont Advisory Group said the number can feel overwhelming, but he said people should focus on starting and adjusting a plan instead of panicking.
“The average retiree actually has less than $300,000 saved for retirement, so that’s about a $1 million gap there,” Hicks said.
Hicks said the $1.46 million figure reflects what people think they need, but he said retirement planning depends on each person’s savings, income and timeline.
He said longer life spans now mean many people need to plan for 20, 25 or even 30 years in retirement.
“When you start saving when you’re younger, it makes a lot of difference in the future,” Hicks said.
Hicks said 57% of people do not start saving until after age 30, and he said about a third do not start until their 40s.
Hicks pointed to Fidelity benchmarks that suggest workers should aim to save one times their salary in their 30s, three times in their 40s, six times in their 50s and 10 times by retirement.
“Don’t wait another year. Don’t wait another month. Just start that process of saving,” Hicks said.
Hicks also said the study found people who work with a financial adviser improve their chances of retirement success by about 50% and report more confidence about their plans.
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