The Eastern New Mexico News - Serving Clovis, Portales and the Surrounding Communities

Permanent funds not meant for 'rainy day' raids

 

August 23, 2017



A bullish stock market and improved oil revenues boosted New Mexico’s largest permanent funds by $2.1 billion last fiscal year, meaning an extra $61 million will go into state coffers this fiscal year, which began July 1.

And like a kid in a can...



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