New Mexico state budget (2008-2009)

Note: This article was last updated in 2009. Click here for more recent information on state budgets and finances.

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The fiscal year for the state of New Mexico is determined by the New Mexico State Legislature. The 2009 fiscal year for the State of New Mexico was from July 1, 2008 to June 30, 2009.

2009 deficit

• New Mexico had a $454 million mid-year FY2009 budget gap.

• The school system in New Mexico had a $475 million deficit.

Budget background

See also: New Mexico state budget and finances

Spending FY 2001 to FY 2009

The following table provides a history for New Mexico's budgeted and actual expenditures from the General Fund.

Fiscal year	General fund budgeted	General fund actual	Change (%)
2000-2001	$	$3,543,300,000
2001-2002	$	$3,870,430,000
2002-2003	$	$3,895,800,000
2003-2004	$	$4,119,800,000
2004-2005	$	$4,406,400,000
2005-2006	$	$4,707,400,000
2006-2007	$	$5,115,100,000
2007-2008	$	$6,015,000,000
2008-2009	$5,719,000,000	$*

*Actual expenditure data was not yet available for FY 2009 at the time this chart was compiled.

See also

• New Mexico state budget and finances