Ali Effati News Today

There is $91.2 million in the N.M. Unit Fund as of Sept. 30, a roughly $10 million increase over last year, according to a New Mexico Interstate Stream Commission report delivered to the state Legislature on Thursday. ISC Director Rolf Schmidt-Petersen told the Daily Press that the fund’s growth was “thanks to investment returns.” The original $66 million N.M. Unit Fund was created as part of the 2004 federal Arizona …

The controversial Gila River diversion project has entered a “closeout” phase. With no discussion, the New Mexico Interstate Stream Commission on Wednesday approved several line item transfers within the New Mexico Entity of the Central Arizona Project’s 2021 budget, as well as a closing budget for the 2022 fiscal year to pay for a final annual financial audit of the group. The N.M. CAP Entity’s executive director, Anthony Gutierrez, addressed …