State Income Soars: New Mexico Envisions $3.5 Billion Surplus from Oil Production High
New Mexico’s record-breaking oil output is expected to generate an unprecedented multibillion-dollar surplus for the state government throughout the 2018 fiscal year, state economists stated Wednesday. In accordance with forecasts from four state agencies, which include the Legislature’s budget and accountability office, annually state general fund income will rise to $13 billion for the fiscal […]
