New Mexico

Each would preserve their individual brands with a new organization functioning as the parent company with the aim of cutting administrative costs.

The legislation would allow the New Mexico Finance Authority to issue revenue bonds for transportation and broadband projects.

Oil and natural gas-related taxes and payments are driving projected increases in the state's general fund and stirring concerns about a future revenue drop.

Officials in New Mexico's state capital are fretting that late audited financials audit could lead the state to withhold state bond proceeds for city projects.

Coordinated national efforts to share firefighters and other resources could be stretched thin this year as drought hammers the West.

After dropping dramatically with the onset of the COVID-19 pandemic in 2020, energy severance tax revenue is soaring along with oil and gas prices.

Seven of Colorado-based Tri-State Generation and Transmission Association's member utilities are considering an exit.

New Mexico bet on a space tourism market that promoters thought could be worth $8 billion by 2030. But there have been economic and technology missteps.

Fund inflows are a demand component unlikely to slow during the heavy reinvestment season, keeping the yield environment squarely in issuers' favor.

New Mexico joins neighboring states Arizona and Colorado in legalizing marijuana sales with an eye toward higher state revenue.

Anticipating a flood of funding from President Biden's infrastructure plan, states are positioning for an expansion of broadband to rural and underserved areas.

Among the measures, Arkansas voters voted to make a temporary transportation sales tax permanent and Arizona voters raised income taxes on high earners.

New Mexico is expected to face sizable structural deficits because of declining oil and gas prices and production, the rating agency said.

After eight oil-producing states recovered from the 2014 oil price collapse, they face another downturn, S&P Global Ratings said.

Less than six years after the last oil price collapse, producing states of the Southwest are facing another sharp drop and the prospect of recession.

Faced with falling enrollment at its state universities, New Mexico Gov. Michelle Lujan Grisham wants to spend more money on college students.

The state would boost spending on education under proposals from the governor and the legislature, both led by Democrats.

The Navajo are among several tribal nations pursuing renewable energy projects in a changing generation landscape.

Gov. Michelle Lujan Grisham unveiled the free-tuition plan amid declining enrollment at the state's universities.

An estimated $80 million project that promises to create more than 1,000 temporary construction jobs is closer to reality after Mayor Alan Webber and a City Council majority agreed Wednesday to lend the city's name to a bond financing deal.