Current budget figure
$8.5B
FY2023
State overview
New Mexico
See the clearest budget figure, the biggest shifts, and the source material that supports them.
Developing recordConfidence: Medium
Budget per resident
$4,014
Based on the current budget figure
Service coverage
0/5
Program-level service detail is still being pulled from the source documents.
Budget brief
What stands out right now
Score
62/100
New Mexico's latest parsed statewide budget is $8.5B in FY2023. Detailed budget buckets is the largest visible bucket in the current extracted record
Latest change
+400.0%
Overall budget movement
Largest visible bucket
Pending extraction
Detailed budget buckets
Services found
0/5
Program areas with usable evidence
Budget view
Explore this budget
Start with the top line, then drill into services, proof, and method only when you need more detail.
Budget movement
How the current figure has moved
Latest fiscal year
FY2023
Adopted
$8.5B
Actual
$8.5B
At a glance
What matters most
Per resident
$4,014
Current figure divided by population.
Latest change
+400.0%
Compared with the last comparable year.
Services tracked
0
Major areas with usable evidence.
Anchor source
FY2023 • FY2023
Totaling nearly $8.5 billion, the budget for the year beginning July 1, 2023 increases annual recurring state spending by fourteen percent while maintaining nearly 29 percent of recurring expenditures in reserves, continuing to prioritize fiscal responsibility while making transformative investments.
What changed
The clearest shifts in the record
Overall budget movement
+400.0%
Compared with FY2022, the latest promoted statewide total in FY2023 moved +400.0%.
Category-level changes
Partial
GovMatrix still needs more comparable category rows before it can explain which major services or funds changed most.
Quick checks
What to verify before you draw a bigger conclusion
Financial Stability
95/100
Reserve-related lines equal about 100.0% of the latest parsed budget.
Spending Efficiency
50/100
Category detail is still too thin or too partial to support a defensible spending-mix read.
Transparency
70/100
2 state source files have parse results, and 2 parsed fiscal records are currently linked into this dashboard.