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Local plans are 78.2% funded in 2022, compared to 77.8% for statewide plans. However, the historical funding trends of municipally-managed plans are similar, if not identical to statewide plans. Locally-managed public pension plans account for approximately 12% of all unfunded liabilities of non-federal retirement systems.
The state treasurer is the chief banker and investment officer for the state of New Mexico. As such, the state treasurer receives payments made to the state, deposits sums received with authorized depository institutions, accounts for and manages the state's cash flows, services principal and interest payable on state debt, and disburses public monies in redemption of warrants drawn on state ...
Unless provided otherwise in a municipality's charter, municipal elections are held on the first Tuesday in March of every even-numbered year. [3] Elections are non-partisan, [ 4 ] and election materials (cards, signs, ads, etc.) are exempted from the requirements for all other elections that the responsible party be identified (as in "paid for ...
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Feb. 7—Most New Mexico cities now hold their municipal elections in November, but not Española, where City Council races will dominate the conversation March 5. Four seats will be decided on ...
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In 2023, the Southwest Public Policy Institute (SPPI) initiated legal action against the City of Albuquerque, alleging non-compliance with the New Mexico Inspection of Public Records Act (IPRA). [10] The lawsuit arose after SPPI requested access to the automated speed enforcement citation database, which SPPI argued was incomplete and lacked ...
The Federal Reserve Board in Washington and its 12 regional reserve banks across the US employed about 24,000 people last year. The vast majority — more than 86% — of staff work out of the ...