SANTA FE, N.M. (KRQE) – Governor Michelle Lujan Grisham has signed off on the state’s slimmed-down budget but she made a few adjustments before she did. This month’s special legislative session focused on shoring up the state’s finances in response to the economic downturn and plummeting oil prices as a result of COVID-19.
The final budget trims funding for roads and infrastructure projects as well as early childhood education but what the governor put back in was about $30 million in educational funds including money for her Opportunity Scholarship that offers free tuition for community college students. The new budget totals $7.2 billion down from the $7.6 billion approved in February.
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