The data shows that school achievement in New Mexico is still lagging far behind the rest of the country. The State Budget Division also is charged with implementing the Accountability in Government Act, codified at Chapter 6, Article 3A, Sections 1 through 9 of the New Mexico Statutes Annotated 1978 which mandates and details the implementation of performance … The budget signed in mid-March would have increased state general fund spending by nearly 8% to $7.6 billion, with 4% pay increases at schools and state agencies. 3. Budget Adjustment Requests (BARs) The State Budget Act (Section 6-3-23 through 6-3-25 NMSA1978) authorizes the State Budget Division to approve certain mid-year budget adjustments. Designed and Developed by Real Time Solutions, General Fund Year to Date Revenue Accrual, Specials, Supplemental and Deficiency Appropriations, Acequia and Community Ditch Education Program, Community Development Bureau / Capital Outlay, NM Consolidated Annual Performance Evaluation Report (CAPER), New Mexico Metropolitan Planning Organizations, Northwest New Mexico Council of Governments, Southeastern NM Economic Development District, LGBMS (Local Government Budget Management System), Certificates of Property Tax Rates by County, Inflation Factor for Property Tax Rate Settings, PID Special Assessment Disclosure Information, Financial Management And Vendor Relations, Statewide Financial Reporting & Accountability Bureau, State of New Mexico's Procurement Card Program, 407 Galisteo Street // Santa Fe, NM 87501 // Phone: (505) 827-4985 // Fax: (505) 827-4984, Budget and Reporting Requirements for Counties and Munis, Donnie and State Auditor Colon General Session Presentation, LGBMS New User - Entity User Guide (July 2018), NM Counties 2020 Legislative Priorities Handout, Special Districts Presentation 2019 Conference, http://nmdfa.state.nm.us/Basics_of_Financial_Management_1.aspx. Revenuescome mainly from tax collections, licensing fees, federal aid, and returns on investments. Expendituresgenerally include spending on government salaries, infrastructure, education, public pensions, public assistance, corrections, Medicaid, and transportation. 2. State debtrefers to the money borrowed to make up for a deficit when revenues do not cover spending. Charles Sallee, deputy director of the Legislature’s budget and accountability office, said the Legislature is encouraging schools to expand learning time when classes resume — a move that can boost teacher pay by 5% with additional work. The following terms are used to describe a state's finances: 1. Lujan Grisham is recommending budget revisions that scale back increases at most state agencies by 4%. In the presidential primary, Joe Biden is likely to receive a warm welcome among most Democrats in New Mexico, where Grisham has pledged to help Biden connect with racial- and ethnic-minority voters. Michelle Lujan Grisham on Wednesday urged lawmakers to tap state reserves and federal recovery money to preserve some state spending increases, including a 2% pay bump for public school personnel and state workers. Please see the attached flyer below for details. LGBMS (Local Government Budget Management System) The Local Government Division, Budget & Finance Bureau (BFB) is excited to announce that the Local Government Budget Management System (LGBMS), is HERE!!! SANTA FE, N.M. (AP) — New Mexico Gov. Budget Adjustment Requests (BARs)The State Budget Act (Section 6-3-23 through 6-3-25 NMSA1978) authorizes the State Budget Division to approve certain mid-year budget adjustments. The adjustments are typically used to reflect more current information about non-General Fund revenues or to transfer budget authority within an agency.