New addressing resource: New Mexico Addressing Handbook!
DFA is excited to announce a new addressing resource for New Mexico, called the New Mexico Addressing Handbook! DFA developed this handbook to support local addressing staff and will ensure it remains viable over time by establishing an annual update process. The...
DFA seeks input on the New Mexico Animal Welfare Program
DFA seeks input on the New Mexico Animal Welfare Program SANTA FE – The New Mexico Department of Finance and Administration (DFA) seeks input from local governments and animal welfare service providers to help shape the upcoming New Mexico Animal Welfare Program. ...
Governor signs bill to strengthen public safety response, mental health crisis hotline, and disability support services
Governor signs bill to strengthen public safety response, mental health crisis hotline, and disability support services SANTA FE – Gov. Michelle Lujan Grisham has signed Senate Bill 535, legislation to strengthen public safety, crisis response, and workers’...
DFA, Counties, and Fire and EMS associations urge House to pass critical 911 modernization bill
DFA, Counties, and Fire and EMS associations urge House to pass critical 911 modernization bill SANTA FE – The Department of Finance and Administration (DFA), New Mexico Counties, and Metro Fire Chief Association are calling on the New Mexico House of...
Fiscal Year 2026 Executive Budget Recommendation
Fiscal Year 2026 Executive Budget Recommendation by Dr. Andrew Miner, DPA, Director, State Budget DivisionThe fiscal year 2026 Executive Budget Recommendation totals $10.9 billion in recurring general fund appropriations, an increase of $720 million, or 7.0%, over the...
State leverages over $200 million in federal funding through $57.81 million in matching grants to 37 public entities
SANTA FE — The New Mexico Department of Finance and Administration (DFA) awarded $57.81 million in matching grants to 37 public entities, leveraging over $200 million in federal funding for 57 projects. Of the grants, 54% went to rural areas, including Lincoln County...
Moody’s Considers Upgrading New Mexico’s Bond Rating for the First Time in Over a Decade
Moody's Considers Upgrading New Mexico's Bond Rating for the First Time in Over a Decade By Ashley Leach, Director, Board of Finance Moody’s, one of the state’s bond rating agencies, recently released its Credit Opinion Report. The report cited New Mexico’s...
State files response to judicial employee leave policy lawsuit
State files response to judicial employee leave policy lawsuit SANTA FE - The New Mexico Department of Finance and Administration (DFA) filed a response to the Administrative Office of the Courts’s (AOC) lawsuit against the agency. DFA’s response aims to protect the...
What to know about IRA’s Direct Pay opportunity
At this year’s New Mexico Infrastructure Finance Conference (NMIFC) on October 28th at the Isleta Resort and Casino, our spotlight workshop will be on the Inflation Reduction Act’s Direct Pay program, also known as Elective Pay. There’s a lot of buzz around this...
DFA names Cecilia Mavrommatis as new local government division director
SANTA FE, NM—The New Mexico Department of Finance and Administration named Cecilia Mavrommatis the new Local Government Division Director. Mavrommatis comes to the position with experience serving in the military and working in federal and state government, most...