May 15, 2015

Relaxed public access policy starts today in Valles Caldera -- Albuquerque Journal

The sunrise over Valles Caldera National Preserve this morning brings the dawn of a new era.

Starting today, visitors will be able to explore more of the 89,000-acre preserve hidden high in the Jemez Mountains – considered some of northern New Mexico’s most serene, scenic and treasured terrain – and at a cheaper price. The new expanded access policy and revised fee structure coincides with the opening of the summer season and the start of a transition period for management of the preserve, from a presidentially appointed board of trustees to the National Park Service. -- 5/15/2015

 

State's revenue outlook stable despite oil, gas price dropLas Cruces Sun News

State financial analysts say an expected boost in personal and corporate taxes is helping to offset weak oil and natural gas prices, providing for a more stable revenue outlook for New Mexico.

According to the State of New Mexico Legislative Finance Committee, the latest estimates show that revenue for the current fiscal year is expected to increase by $136 million to $6.25 billion as compared with a February forecast.

"Oil and gas revenues have stayed steady, but the real strength is the income taxes," said Abraham Sanogo, a Legislative Finance Committee economist. - - 5/14/15

 

Governor rules out special session -- Albuquerque Journal

Gov. Susana Martinez said Thursday that she has “no intention” of calling legislators back to the Roundhouse for a special session, dealing a blow to lawmakers’ hopes of reviving and passing a massive capital improvements bill. -- 5/14/2015

 

Figures show New Mexico economic outlook stabilizingAlbuquerque Journal

ALBUQUERQUE, N.M. — State financial analysts say an expected boost in personal and corporate taxes is helping to offset weak oil and natural gas prices, providing for a more stable revenue outlook for New Mexico.

The latest estimates show that revenue for the current fiscal year is expected to increase by $136 million to $6.25 billion as compared with a February forecast.

“Oil and gas revenues have stayed steady, but the real strength is the income taxes,” said Abraham Sanogo, a Legislative Finance Committee economist.

Analysts are trying to figure out what’s driving the uptick in those taxes but say it’s generally attributable to the improving economy.

They caution that the estimated increase in revenues doesn’t equate to new money that could be available to spend in fiscal 2017 because hard numbers won’t be available until after July 1, the start of fiscal year 2016. – 5/13/2015