New Mexico Statutes

§ 6-3-23 — Budget adjustment defined

New Mexico·Ch. 6 Public Finances·Art. 3 State Budgets
As used in Chapter 6, Article 3 NMSA 1978, "budget adjustment" means: A. an increase or decrease in expenditures from other state funds, internal service funds or interagency transfer; B. a transfer of funds from one division of an agency to other divisions of that agency; C. a transfer of funds between budget categories within an agency or a division; or D. an authorization to expend federal funds.

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Legislative History

1978 Comp., § 6-3-23, enacted by Laws 1992, ch. 2, § 1.

Nearby Sections

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