Page 3 - Wayne Propst News Today

A record-high crude oil production in New Mexico this year is expected to boost the state’s income for its general fund, leaving it with a $3.5-billion surplus for the fiscal year between July 2024 and June 2025

SANTA FE, N.M. — Record-breaking oil production in New Mexico is likely to provide state government with a new multibillion-dollar surplus during the upcoming budget year.

In New Mexico, oil production has more than doubled over the last half-decade. For the next fiscal year, the state may receive $13 billion in state funding.

News from Grant County, New Mexico

Recurring revenues for fiscal year 2025 are projected to reach a record $13.05 billion, including $3.48 billion in so-called new money.

Nearly $47 million of Senate Bill 6, which provides no-interest loans to cities and counties struggling to pay for damage incurred during the Hermits Peak/Calf Canyon Fire, has been sent

Nearly $47 million in loans has gone to projects in Mora and San Miguel counties for damage during the Hermits Peak/Calf Canyon Fire.

A former top official at the Public Regulation Commission contends in a newly filed lawsuit that he was offered what he considered a bribe to keep him from reporting alleged

Santa Fe County resident Jim Williamsons complaint, filed Monday in the states First Judicial District Court, accuses then-commission chief of staff Wayne Propst of terminating him in July 2021 in

News from Grant County, New Mexico