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LEGISLATIVE FINANCE COMMITTEE LEGISLATING FOR RESULTS

Volume 1 LEGISLATIVE FINANCE COMMITTEE Report For Fiscal Year 2023 NEW MEXICOLEGISLATIVE FINANCE COMMITTEELEGISLATING FOR RESULTS :POLICY AND PERFORMANCE ANALYSISR eport to the Fifty-Fifth Legislature, Second SessionVOLUME 1 January 2022 for the 2023 Fiscal Yearlfc fy23 vol 1 cover 2lfc fy23 vol 1 cover 212/20/2021 7:28:50 PM12/20/2021 7:28:50 PMHonorable MembersFifty-Fifth Legislature, Second SessionState CapitolSanta Fe, New Mexico 87501 Dear Fellow Legislators:Pursuant to Section 2-5-4 NMSA 1978, the fiscal year 2023 budget recommendation of the LEGISLATIVE FINANCE COMMITTEE is provided to Mexico continues to ride a roller-coaster of finances, reliant on the volatile oil and gas industry for much of its revenue and subject to the pandemic-induced economic storm buffeting the nation.

Legislative Finance Committee Report For Fiscal Year 2023 NEW MEXICO LEGISLATIVE FINANCE COMMITTEE ... spending for the Early Childhood Education and Care Department over the current year budget and additional spending ... $225 million for a pay plan that provides a minimum salary of $13.50 an hour and increases the minimum salaries

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