SANTA FE, N.M. (AP) — State workers in New Mexico would receive a 1 percent salary increase — their first across-the-board raise since 2008 — and state police officers would get a 3 percent pay hike under budget recommendations released Wednesday by a legislative panel.
Under proposals by the Legislative Finance Committee, the state would spend almost $5.9 billion on public education and government programs — from health care to prisons — in the 2014 fiscal year starting July 1. That’s an increase of about 4 percent or $232 million over this year’s budget.
The panel’s recommendations serve as a starting point for budget decisions by the Democratic-controlled Legislature during a 60-day session that starts next week.
Sen. John Arthur Smith, a Deming Democrat and committee chairman, said the budget will leave the state with healthy cash reserves as a cushion against possible federal spending cutbacks, which could Login to read more