Martinez budget spares Public Safety, teachers

From the Santa Fe New Mexican.com - Gov. Susana Martinez proposed Monday to cut state spending by about 3 percent next year to balance a $5.4 billion budget for public education and governmental services. In releasing her budget recommendations to the Legislature, the Republican governor proposed that public schools find $30 million in savings in administrative operations. However, she said school districts should be able to find the savings without cuts in classroom spending, which she had pledged to protect during last year's gubernatorial campaign. Martinez also recommended that government workers and some educators pay more for their pensions. It's a change that would trim take-home pay for public employees, although part of that would be offset by lower federal payroll taxes. No tax increase would be required to balance the budget under Martinez's plan, which would trim state spending by about $179 million in the fiscal year that starts July 1. A budget proposal by the Legislative Finance Committee calls for cuts of about $194 million. Like the legislative panel, Martinez gained much of her proposed savings by requiring state workers and some educational employees to pay an additional 2 percent of their salaries for their pensions. The state would reduce its pension payments by a similar amount, saving about $39 million next year. Read more

Martinez budget spares Public Safety, teachers