March 9, 2015

State auditor finds $4.5B in unspent funds -- Santa Fe New Mexican

The New Mexico state government has more than $4.5 billion in unspent bank balances spread out among 737 state agencies — an amount that equals more than 70 percent of the currently proposed state budget.

This is according to a 25-page report titled “Money on the Sidelines,” posted Saturday on the State Auditor’s Office’s website. -- 3/7/2015