New Mexico Statutes 6-3-18. Budget forms
On or before June 15 of each year, the state budget division shall send to each state agency forms that provide for the following information:
Terms Used In New Mexico Statutes 6-3-18
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Personal property: All property that is not real property.
A. revenue or anticipated revenue, from all sources for the fiscal year last completed, the current fiscal year and for the succeeding fiscal year, including among other things:
(1) grants from the federal government; (2) gifts and grants from private sources; (3) income from investments;
(4) proceeds from sale of bonds or other instruments of indebtedness; (5) income from sale of land;
(6) income from sale of personal property;
(7) income from lease of land or lease of personal property; (8) income from services;
(9) income from fees, licenses, fines, penalties, tuition, royalties and other charges;
(10) income from athletic activities and related enterprises; and
(11) income from each tax collected;
B. expenditures or anticipated expenditures for the current fiscal year and for the two succeeding fiscal years, including among other things:
(1) capital expenditures consisting of: (a) additions to plant or office;
(b) repairs and replacements; (c) permanent equipment; and (d) other; and
(2) operational expenditures consisting of:
(a) operation and maintenance of institution, office or building; (b) supplies and equipment;
(c) personal services; (d) travel; and
(e) other;
C. appropriation requested for the succeeding fiscal year, with a statement as to the functions and activities of each agency, division and bureau;
D. if increased appropriations are requested, the reason therefor; and
E. citation of statutory authority for functions and activities of the agency, a summary statement as to the workload of the agency and such other information as is specified by the state budget division.