LFC Proposes NM Government Grow Spending 4%

KRQE — A legislative committee is proposing a budget that will increase spending by $250 million next year and provide higher take-home pay for public employees for the first time since 2008. The Legislative Finance Committee announced its budget proposals on Wednesday. The committee's recommendations serve as a foundation for spending decisions when the Legislature convenes later this month.
The committee proposed spending nearly $5.7 billion on public education and general government operations in the budget year starting in July. That's an increase of more than 4 percent from current spending. Read full story here: News New Mexico
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