About 70 capital outlay projects stall at state - Albuquerque Journal

About 70 capital outlay projects stall at state

Copyright © 2020 Albuquerque Journal

SANTA FE – Money from stalled New Mexico capital outlay projects has become part of the piggy bank lawmakers regularly turn to during times of economic trouble.

Most recently, a budget solvency plan approved by New Mexico lawmakers during a special session that ended June 22 included $13.9 million in savings generated from canceling roughly 70 capital outlay projects that had not moved forward since being authorized.

The bill authorizing the one-time budget savings, Senate Bill 5, is still awaiting final approval from Gov. Michelle Lujan Grisham, who already vetoed $110 million in proposed public works projects in March due to due to concerns over plummeting oil prices and the impact of the coronavirus pandemic.

Capital outlay funding proposed to be clawed back in the special session bill includes $2.4 million for a road extension between Sunland Park and Santa Teresa, nearly $824,000 for the Albuquerque Holocaust and Intolerance Museum and $240,000 to renovate the historic Chief Theater in Mora.

Also scrapped – if the governor approves the bill in its current form – is a $650,000 project to build a new house for the president of Eastern New Mexico University in Portales.

New Mexico’s capital outlay system for funding improvements to roads, bridges, dams and water systems has come under scrutiny in recent years for its secrecy and lack of efficiency.

But attempts to overhaul the system, which allows each lawmaker to appropriate a designated amount of money for infrastructure projects, have been unsuccessful at the Roundhouse.

All of the projects on the special session chopping block were authorized last year, when lawmakers approved roughly $933 million worth of capital outlay projects with the state’s coffers flush due to an oil drilling boom in southeastern New Mexico.

As of March, only about $88.7 million – or about 9.5% – of that amount had been spent, according to the Legislative Finance Committee.

Home » Journal North » Journal North Recent News » About 70 capital outlay projects stall at state


Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

taboola desktop

1
Developer plans shipping container food hall for Rio Rancho
ABQnews Seeker
Margarita Hill will have eight tenants, ... Margarita Hill will have eight tenants, with a focus on local vendors, and incorporate green space
2
New Mexico paid sick leave law set to take ...
ABQnews Seeker
The Healthy Workplaces Act applies to ... The Healthy Workplaces Act applies to all private businesses
3
How does New Mexico's paid sick leave law work?
ABQnews Seeker
Q&A about the new law Q&A about the new law
4
Credit union is No. 1 large company in Top ...
ABQnews Seeker
Employees at Nusenda Credit Union say ... Employees at Nusenda Credit Union say they feel they are making a difference in the lives of members. The company, founded in 1936 as ...
5
New grocery store approved near Rust Medical Center
ABQnews Seeker
The Rio Rancho Governing Board at ... The Rio Rancho Governing Board at its June 23 meeting approved site plans for Albertsons Market Street @ The Village near the new Presbyterian ...
6
Construction firm is No. 1 mid-size company in Top ...
ABQnews Seeker
Bradbury Stamm Construction, which has more ... Bradbury Stamm Construction, which has more than 150 employees in New Mexico and over 250 overall across two states, is a place that employees ...
7
New Mexico's Top Workplaces 2022: Full list
ABQnews Seeker
The Journal's 10th annual Top ... The Journal's 10th annual Top Workplaces program celebrates employers that are getting it right.
8
Home builder is No. 1 small company in Top ...
ABQnews Seeker
Abrazo Homes may be a newer ... Abrazo Homes may be a newer homebuilder for the New Mexico community, but the company's employees say it has already established a great team ...
9
Pâtisserie opens storefront location in Albuquerque
ABQnews Seeker
For the past two years, the ... For the past two years, the pastries of Blue Door Pâtisserie could be found displayed inside glass cases at Albuquerque’s Sawmill Market near Old ...
10
Financial services firm is No. 2 large company in ...
ABQnews Seeker
Q&A with Leean Kravitz, vice president ... Q&A with Leean Kravitz, vice president of governmental relations and regional co-site leader at Fidelity Investments