New Mexico
New Mexico Senate endorses budget bill emphasizing savings during oil sector windfall
SANTA FE, N.M. (AP) — New Mexico is preparing to set aside billions of dollars to sustain government spending in the future in case an oil production bonanza fades in the transition to cleaner sources of energy. The Senate on Monday approved a $10.2 billion annual spending plan that also creates new endowments and trusts designed to support critical programs in the future. The 31-10 Senate vote sends the bill back to the House for concurrence on amendments. The Democratic-led Legislature has until noon on Thursday to send a budget bill to Democratic Gov. Michelle Lujan Grisham for consideration.
SANTA FE, N.M. (AP) — New Mexico would set aside well over $1 billion to guarantee tuition-free college and sustain government spending in case its oil production bonanza fades in the transition to cleaner energy sources under an annual spending plan endorsed by the state Senate on Monday.
The 31-10 Senate vote sends the bill back to the House for concurrence on amendments. The Democratic-led Legislature has until noon Thursday to send a budget bill to Democratic Gov. Michelle Lujan Grisham, who can approve or veto any provisions.
The bill as amended would increase annual general fund spending by $653 million, or 6.8%, to $10.2 billion for the fiscal year running from July 2024 through June 2025.
The boost in state spending is dwarfed by more than $1.3 billion in general fund transfers to new endowments and trusts designed to bolster scholarships for college and professional training, housing construction, outdoor conservation programs and autonomous Native American education programs.
Legislators anticipate a $3.5 billion budget surplus for the coming fiscal year, driven largely by oil and natural gas production in the Permian Basin that overlaps southwestern New Mexico and western Texas.
Republican state Sen. William Burt of Alamogordo urged colleagues to support the bill “because oil and gas won’t always be there for us.”
“We’ve got to look farther than the next few years. We’ve got to look at the long … future of New Mexico,” said Burt, one of six Republicans who voted for the spending bill.
The budget plan includes a new $959 million trust to permanently underwrite tuition-free college without fees for New Mexico residents — an initiative championed by Grisham since taking office in 2019. Public scholarships still are supported in part by lottery ticket sales.
The bill allocates $512 million to a “government results and opportunity” trust that would underwrite a variety of new programs during a three-year vetting period before future funding is guaranteed.
Another $75 million fund would help state and local governments compete for more federal infrastructure spending from the Inflation Reduction Act, the Biden administration’s signature climate, health care and tax package.
A conservation fund established in 2023 would get a $300 million infusion. Democratic Senate Majority Leader Peter Wirth said that would guarantee annual distributions of about $21 million to an array of conservation programs at state natural resources agencies, from soil enhancement programs in agriculture to conservation of threatened and big-game species.
A revolving loan fund to finance construction would receive a $175 million infusion to expand both housing and commercial building inventory.
“New Mexico, you are not a poor state,” said state Sen. George Muñoz of Gallup, the Senate’s lead budget negotiator, urging colleagues to endorse the budget and its investment strategy.
Democratic state Sen. Bill Soules of Las Cruces voted for the bill but cautioned that the state shouldn’t lose sight of such urgent concerns as childhood poverty as it builds up savings and investments. The bill includes funding for universal free school breakfasts and lunches.
“Are we afraid of the future and so afraid that we’re going to put money away for the future instead of addressing the needs today?” Soules said. “Making sure children don’t go hungry in New Mexico, aren’t abused and have a place to sleep at night — all of those are our obligations.”
Major annual spending increases include a 6.1% boost to K-12 public school funding, to $4.4 billion.
Medicaid spending would increase by $180 million, or 11%, as pandemic-era federal subsidies for the program recede and New Mexico increases payment rates to medical providers, including care for women with newborn children. The budget bill also increases pay by 3% for state employees and staff at K-12 schools, state colleges and public universities at an annual cost of $214 million.
It would funnel more money to rural hospitals, literacy programs, state police salaries, safety-net programs for seniors and road construction and maintenance.
Several provisions of the budget are contingent upon approval of companion legislation:
—New Mexico would become the 14th state to ensure paid time off to workers when they’re seriously ill or to care for newborns and loved ones under a bill that advanced Monday toward a decisive House floor vote after Senate approval. The budget would provide at least $24 million to launch the program, which funds leave through a combination of employee and employer contributions.
—Final passage is still pending on changes that would reduce personal income taxes across the earnings spectrum, collect more taxes on investment income, and provide tax credits toward the purchase of new and used electric vehicles that can be combined with federal subsidies. State government would forgo about $220 million in annual income. The bill passed the Senate on a 26-13 vote Monday, and awaits a House concurrence vote.
—Final approval also was pending Monday on several new endowments and trusts.
New Mexico
3 thoughts: New Mexico 81, SDSU 76 … Kudos for the local kid, mid-majors getting the squeeze and European bigs
ALBUQUERQUE, N.M. — Three thoughts on San Diego State’s 81-76 loss at New Mexico on Saturday afternoon:
1. Kudos
No loss is a happy occasion within SDSU’s basketball program, but it was mitigated somewhat by the how and who:
The how: A 3-pointer from the left wing with 43 seconds left that broke a 74-74 tie.
The who: Luke Haupt, a sixth-year senior from St. Augustine High School and Point Loma Nazarene University who is one of those classy, genuine guys you can’t help but root for.
Aztecs coaches know him and his family well, his father Mike being the longtime head coach at Saints who sent Trey Kell to them. Aztecs players know him from the Swish summer league and open gyms during the summer.
Coach Brian Dutcher: “Kudos to Luke, known him a long time. Coaches are a little different than fan bases, where sometimes (fans) get too hard on the opposition. I wanted to win in the worst way, trust me when I tell you that. But … tip your hat to guys who make important and timely plays.”
Junior guard Miles Byrd: “Credit to Luke Haupt. He’s a San Diego kid. He’s going to (get) up for these type of games. You respect that. Players show up in games like this, and he showed up.”
There’s respect for the moment and respect for what it took to get there.
Haupt grew up, like most kids in San Diego, watching the Aztecs and dreaming of maybe one day playing in Viejas Arena. He went to Division II PLNU instead and toiled in relative anonymity for five seasons, one of which was abbreviated by the pandemic and 1½ of which was wiped out by knee surgery.
The 6-foot-7 wing finally got to Division I for his sixth and final year, lured to New Mexico by former UC San Diego coach Eric Olen, and has averaged 7.2 points per game with a career high of 30 against Boise State. He had 17 on Saturday against his hometown team, the final three coming with 43 seconds left in a tie game.
The play wasn’t designed for him. Fate sent the ball his way.
“It was a big shot, but it was everything I’ve worked on my entire career and basketball life,” Haupt said. “It’s all the people who have helped me get here and all the work that’s been put in.
“These are moments you dream about.”
2. Death of Cinderella
The Aztecs have slipped off the NCAA Tournament bubble with losses in three of their last four games, yet their metrics are comparable and in some cases better than a year ago, when they didn’t win the conference tournament and sneaked into the First Four in Dayton.
They are hanging tough at 42 in Kenpom and 44 in NET. Last year they were 46 and 52 on Selection Sunday.
The problem is that there might be historically few at-large berths available to mid-major conferences as the preposterous sums of money coursing through the sport accentuates the divide between the haves and have-nots. The latest field from ESPN’s Joe Lunardi has 11 teams from the SEC, nine from the Big Ten and eight each from the Big 12 and ACC.
The Big East, considered a power conference given its financial commitment to men’s basketball (although that is starting to wane), is expected to get only three, but do the math: Power conferences account for 34 of the 37 at-large invitations to the 68-team field.
Lunardi, and several other bracketologists, has only three mid-majors getting at-large berths: Saint Mary’s and Santa Clara from the WCC, and New Mexico from the Mountain West.
Only Saint Mary’s is in the main bracket. Santa Clara and New Mexico are in his First Four (and the Lobos are his last team in).
“It’s harder,” Dutcher said, “because there are only so many at-large bids that are going to go to non-power conference teams. When thrown up against the power conferences, the Selection Committee is finding ways to put the power conference teams in.”
Since the tournament expanded from 65 to 68 in 2011, mid-majors have averaged a combined 6.3 at-large berths. The high was 10 in 2013, but it’s been seven as recently as 2024. Last year it slipped to four, equaling the record low, and no mid-major teams reached the Sweet 16.
If teams like Utah State, Saint Louis and Miami (Ohio) win their conference tournaments, knocking out “bid stealers,” it could be three, maybe even two.
Money is talking. It doesn’t guarantee success, but it certainly increases the chances.
3. Euros
The Aztecs have not dipped into the European professional market for players, but maybe this season will change their perspective.
They have nine losses. Seven have come against teams with a European big.
The latest was New Mexico, which got 24 points and 18 rebounds from the 6-foot-9, 240-pound Tomislav Buljan, a 23-year-old Croatian pro granted one season of collegiate eligibility by the NCAA. He had 20 and 14 in the first meeting, when the Aztecs narrowly escaped with an 83-79 win after trailing in the final minute.
“He was a monster tonight,” Haupt said. “That was huge for us. Loved the way he played.”
The week before, the Aztecs lost to Colorado State and Rashaan Mbemba from Austria.
They’ve lost to Grand Canyon twice with 7-1 Turkish pro Efe Demirel, a 21-year-old “freshman” who has experience in the Euroleague, the continent’s most prestigious competition.
In the December loss to Arizona where the Aztecs were crushed 52-28 on the boards, 7-2, 260-pound Lithuanian center Motiejus Krivas had 13.
Michigan, which beat SDSU in November, has 7-3 Aday Mara of Spain.
Baylor beat the Aztecs two days later with 6-9 Michael Rataj of Germany, then a few weeks later added 7-0 James Nnaji from Spanish club FC Barcelona.
Only Troy and Utah State didn’t start a European big in wins against SDSU — although Mexican forward Victor Valdes had 20 points for Troy.
“Obviously, it’s changing the game,” Dutcher said. “The European pros are coming over because they can make more money over here than they can in Europe. They come over and they’re making good money, whether it’s Demirel at Grand Canyon or it’s Buljan at New Mexico.
“These are good players who come up through a club system and are basically professional basketball players.”
New Mexico
New Mexico veteran cemetery coming to Carlsbad via $8M in federal funds – Carlsbad Current-Argus
New Mexico
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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