N.M. Stat. § 4-51-1

Current through 2024, ch. 69

Section 4-51-1 - Surplus revenues; application

At the close of any calendar year, should the actual revenues exceed the estimated budget estimates of expenses as finally approved and certified, the excess money shall be applied on the budget estimate for the next succeeding year, except as provided in Section 6-6-19 NMSA 1978.

NMS § 4-51-1

Laws 1921, ch. 188, § 6; C.S. 1929, § 33-5906; 1941 Comp., § 15-4806; 1953 Comp., § 15-51-6; 1989, ch. 276, § 1.