Latest projections show major drop in new state revenue in New Mexico

NEW MEXICO (KRQE) – Economists across multiple New Mexico state departments are projecting a drastic drop in the state's revenue projections. The estimates show the downward shift in the numbers from $484,000,000 in new money projected in August to more than $100,000,000 now. The lower projections come amid falling gas prices. But the chair of the Legislative [...]