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Section 6-3-23 - Budget adjustment defined — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 6-3-23 - Budget adjustment defined

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As used in Chapter 6, Article 3 NMSA 1978, 'budget adjustment' means: A. an increase or decrease in expenditures from other state funds, internal service funds or interagency transfer; B. a transfer of funds from one division of an agency to other divisions of that agency; C. a transfer of funds between budget categories within an agency or a division; or D. an authorization to expend federal funds. History: 1978 Comp., § 6-3-23, enacted by Laws 1992, ch. 2, § 1.