Copyright © 2018 Albuquerque Journal
SANTA FE – New Mexico revenue collections are continuing to soar after several cash-lean years, prompting Gov. Susana Martinez to assert on Wednesday that efforts to grow and diversify the state’s economy are paying off.
“As we keep up the fight to reform our tax code, make our economy more competitive for jobs and investment – and veto every tax increase – our economy is growing and families and businesses are taking home more money to grow, save, and invest for the future,” the two-term Republican governor said.
Overall revenue for the current budget year was up through January by $672 million – or about 13 percent – over the same time period a year ago, according to state Taxation and Revenue Department figures.