Legislative Finance Committee

Press Release
Volume 1 - Policy and Performance Analysis
Volume 2 - Appropriation Recommendations
Volume 3 - Supplemental Tables and Graphs

The Legislative Finance Committee today released a budget recommendation for the 2017-2018 fiscal year that calls for spending $6.052 billion from the state’s general fund and assumes $123.3 million in new revenue, additional spending reductions, or both.

Evaluation Unit Memo: Broadband Deployment

New Mexico has a strong fiber framework for high-quality broadband access to the Internet, but fiber connections reach few users outside of Albuquerque, an LFC review finds

Health Notes: Centennial Care Medicaid Managed Care Payment Rates

The Human Services Department could have saved more than $58 million in general fund dollars if it had paid all four Medicaid MCOs the lowest actuarially sound rate for the past three years of Centennial Care: $29.8 million in 2014

General Fund Tracking Report: Accruals through October 2016

October recurring revenues were $502.7 million, down $15.2 million, or 2.9 percent, from a year ago. Total recurring revenue collection for FY17 through October was $1.8 billion, down 7.7 percent from the same period a year ago.

First Quarter FY17 Report Cards

Austerity has made it more important than usual for state agencies to be transparent about performance but the latest agency report cards are full of holes. Aside from that, the reported results for the first agency report cards for FY17 include strong performances on prekindergarten participation and resolution of tax protest cases but weaker performance on repeat child abuse and job creation.

Progress Report: Leveraging Medicaid

State agencies are doing a better job of identifying opportunities to replace state spending with federal Medicaid dollars but still face barriers to fully leveraging those funds.