ALBUQUERQUE, N.M. — Democrat Tim Eichenberg has been elected New Mexico state treasurer.
Eichenberg defeated Republican Rick Lopez on Tuesday in a race that centered on education.
Eichenberg said the treasurer’s office should invest more in New Mexico’s infrastructure to help start construction projects and to create more jobs. He believes the state should acquire more federal lands that could then be leased to create a new revenue source for early childhood education.
The 59-year-old Lopez promised to oppose any proposal to increase the amount of money distributed annually from the Land Grant Permanent Fund to expand early childhood programs. The state treasurer needs to be more aggressive in getting various boards and commissions to be more active, he said.
Eichenberg replaces Treasurer James Lewis, who can’t run again because of term limits.