Advertisement

Gov. Susana Martinez signs $6B state budget

Created: 03/11/2014 11:50 AM
By: BARRY MASSEY, Associated Press

RIO RANCHO, N.M. (AP) - Gov. Susana Martinez has signed a $6 billion state budget but cut spending about $27 million with line-item vetoes.
    
The governor signed the measure on Tuesday but eliminated $2.4 million that would have provided pay raises for judges, district attorneys and appointed government workers.
    
Martinez also eliminated $15 million for public schools because she said the money isn't needed until 2016 when newly enacted changes in the state's school funding formula take effect.
    
The governor also vetoed $4 million for a college endowment fund. Lawmakers didn't overhaul the fund as requested by Martinez to make colleges compete for the money and target it to recruiting professors in critical areas such as math and science.
    
The budget, as signed by the governor, provides for a 4.3 percent spending increase next year

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
 


KOB welcomes a lively and courteous discussion as long as you follow the rules of conduct set forth in our Terms of Use. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use.

Advertisement



Join Our Email List

Advertisement