The budget means a complete statement as to the financial operation of all state agencies for the fiscal year last completed, the current fiscal year and a financial plan for the operation of all state agencies for the succeeding fiscal year. The budget for the succeeding fiscal year shall set forth in detail the following: A. all proposed expenditures for the administration, operation and maintenance of all state agencies; B. all interest and debt redemption charges; C. all expenditures for capital projects to be undertaken and executed; D. all anticipated revenues; and E. means of financing proposed expenditures. History: 1953 Comp., § 11-4-2.2, enacted by Laws 1955, ch. 114, § 2; 1977, ch. 247, § 125.
New Mexico Legal Code