Updated: June 10, 2020 05:16 PM
Created: June 10, 2020 03:41 PM
ALBUQUERQUE, N.M.- Gov. Michelle Lujan rolled out her proposals Wednesday for the special legislative session.
The governor wants lawmakers to address the state's declining revenue, estimated to be about $2.4 billion for fiscal years 2020 and 2021.
The governor's plan to address the shortfall includes:
During the last legislative session, the governor approved a 4% raise for teachers. However, she said that will likely be reduced.
"Four percent-- we just can't do it," the governor said. "I recognize that and I think educators recognize that and I think New Mexicans recognize that."
Under the governor's proposal, teachers would get a 2% raise.
"This recognizes that we want to help people not have less money in their pockets while they're supporting our families and New Mexico students and children," Gov. Lujan Grisham said.
The governor said state agencies will face cuts, but furloughs and layoffs are not on the table.
The governor also wants lawmakers to address people and businesses that were hurt by the COVID-19 pandemic.
The governor's plan takes into account a recently volatile oil and gas industry, which makes up a large part of the state's revenue.
"This assumes for 2021 and going into 2022, it's still going to be tough-- that we aren't going to have the kind of bolstering in our energy sector that we thought could last three or four years," the governor said. "So we're going to have to wait and see. But the signs are certainly better this month and going into July than they have been."
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