New Mexico Economic Development and Revenue Strategy

Potential New Mexico Revenue Gap Over the Next 15 Years of $26 Billion to $36 Billion © PFM Potential Revenue Gap 100.0% 96.2% 95.0% 95.5% 90.1% 90.0% $187.4 Billion Over 15 Years Potential $26.2 Billion Gap 86.2% 85.8% 88.1% 85.1% 84.5% 83.9% 85.0% 83.6% 80.0% 75.0% 70.0% 65.0% Potential Additional $10.1 Billion Gap 80.5% 80.7% 77.8% 77.5% 75.5% Total Potential Gap of $36.3 Billion 80.1% 60.0% 2023 2024 2025 2026 2027 2028 2029 2030 2031 Fiscal Year 2032 2033 2034 2035 2036 2037 Inferred State Forecast Estimate Estimate using FY12-FY21 Historical Growth Rate PFM Regression Model Estimate 15

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