New Mexico Statutes 72-2-19. Advanced mapping fund; created
A. The “advanced mapping fund” is created in the state treasury. The fund consists of appropriations and donations from the state and federal governments, political subdivisions of the state or private entities, income from investment of the fund and money otherwise accruing to the fund. Money in the fund shall not revert to any other fund at the end of a fiscal year. The office of the state engineer shall administer the fund, and money in the fund is subject to appropriation by the legislature for advanced mapping by the state engineer. Money in the fund shall be disbursed on warrants signed by the secretary of finance and administration pursuant to vouchers signed by the state engineer or the state engineer’s authorized representative.
Terms Used In New Mexico Statutes 72-2-19
- 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.
B. As used in this section, “advanced mapping” means mapping that uses technologies such as light detection and ranging; underground aquifer mapping; high- resolution aerial photography; and three-dimensional mapping.