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Top ten (plus two) individual capital outlay projects
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The New Mexico Legislature passed a capital outlay bill that will fund more than 1,000 infrastructure projects throughout the state during a special session earlier this week. Depending on your point of view, legislators came back and were able to put aside differences and pass a bipartisan bill or they finally got work done that should have been done in the 60-day session that took place earlier this year. In all, there will be $295 million in spending, most from severance tax bonds but some from the state general fund and other state funds. The smallest amount appropriated was $1,000 for the Questa Veterans Memorial. Legislators earmarked over $16 million for the largest individual project.