Agency Report Cards and Accountability

Legislative Finance Committee - New Mexico Legislature

Legislative Finance Committee - New Mexico Legislature Skip to main content Skip Navigation Links Legislative Finance Committee Consensus Revenue Forecast Dashboard Click here to view Agency Report Cards and Accountability Citizens' Guide to the New Mexico State Budget FY28 Budget Guidelines Interactive Data Dashboards Site Search Press Release: LFC Honored, September 2026 Results for America, a national nonprofit focused on evidence-based decision-making in government, has awarded New Mexico with platinum certification, the highest possible, for its work on results-driven budgeting and performance analysis. Capital Outlay Quarterly Report, Fourth Quarter FY26, August 2026 At the end of the fourth quarter of 2025-2026 fiscal year, outstanding capital outlay balances totaled $7.6 billion across more than 6,400 active projects.76 Hearing Brief: Place-Based Economic Development New Mexico could get more for its economic development investments if it prioritized distressed communities, but currently resources overwhelmingly go to the most successful labor markets. General Fund Consensus Revenue Estimate, August 2026 Recurring revenues for FY28 are expected to grow a modest 1.5 percent over FY27 to an estimated $14.76 billion, with growth moderated by new earmarks on general fund revenue for project specific funds. LFC Hearing Brief: Health Insurance for Public Employees, August 2026 The state upped its share of healthcare insurance premiums for public employees by more than $100 million a year to make insurance more affordable, but that price tag is expected to grow substantially during the next budget year because rising inflation costs will be mostly absorbed by state and public school employers. Hearing Bullets: Comprehensive Child Welfare Information System Update, August 2026 The new child welfare data system, originally expected to be complete in October 2022 at a cost of $36 million, is now expected to be ready in August 2028 at a cost of $95.4 million. Progress Report: New Mexico Health Insurance Exchange, August 2026 New Mexico subsidizes health insurance purchased through the exchange at higher rates and for more buyers than most states but may need to consider cost-containment measures to sustain the fund that supports the subsidies. General Fund Revenue Tracking Report: FY26 Revenue through March 2026 Actual and estimated general fund revenue collections through the end of 2025-2026 fiscal year indicates revenue is tracking $609 million, or 4.6 percent, above the December 2025 consensus forecast, driven primarily by exceptionally strong corporate income tax collections. Pension COLAs Study New Mexico Legislature © 2026 Visit the Capitol Privacy Policy Email [email protected] if you encounter an issue with the website or have a suggestion to improve it. This email is NOT for use to contact your legislators. Please contact them directly.