Legislators Ask for $3 Billion Capital Outlays

KRQE TV — Every year, lawmakers get the chance to request money for local projects for their districts, and this year is no different. Legislators have asked for money for hundreds of projects, everything from building a little league field in Albuquerque's North Valley to constructing a sewer line at Elephant Butte. The total pricetag for all requested projects is more than $3 billion.

"Everyone wants to take a little pork back to their districts," said Rep. Andy Nunez, I-Hatch.

Capital outlay projects are funded by severance tax bonds, which are funds collected from natural resources extracted from New Mexico. This year, Sen. Carlos Cisneros, D-Questa, said $130 million will be available for local projects statewide. "The list goes on and on," said Cisneros. Read full story here: News New Mexico

Legislators Ask for $3 Billion Capital Outlays