What are New Mexico’s biggest tax expenditures?

451 Views   NEW MEXICO (KRQE) – Over the last few years, New Mexico has expanded its tax expenditures. The state is essentially giving back tax dollars or foregoing some tax collection altogether. So, what are the largest expenditures in terms of average cost over five years?

PNM customers to see decrease in monthly bill

586 Views   NEW MEXICO (KRQE) – After PNM tried to raise rates on customers, it will actually have to lower them. Last month, the state’s Public Regulation Commission rejected PNM’s bid to raise rates to cover costs related to the Four Corners and Palo Verde Power Stations.

New owners of Epstein’s New Mexico ranch protest property value

750 Views   SANTA FE, N.M. (KRQE) – The new owners of Jeffrey Epstein’s ‘Zorro Ranch’ property in New Mexico are protesting the property’s value. In a complaint filed in Santa Fe County District Court just before Christmas, the new owners of the roughly 8,000-acre ranch in Stanley, New Mexico are asking for a refund in taxes paid on […]

What New Mexico laws go into effect in 2024?

687 Views   SANTA FE, N.M. (KRQE) – When New Mexico’s legislature creates laws, not all of them go into effect immediately. Sometimes, lawmakers want to give the state time to prepare for a change. So, what are some of the laws passed in 2023 that will go into effect in 2024?

A look at the 2023 Good News Stories from New Mexico

529 Views   NEW MEXICO (KRQE) – Just like that, 2023 is over. KRQE News 13 is looking back on some of the local heartwarming of the year. Below is a list of KRQE’s Good News stories from the past year.

New Mexico earned record revenue from its land

534 Views   SANTA FE, N.M. (KRQE) – New Mexico holds over 13 million acres of land and generates massive amounts of revenue from those holdings. Now, the State Land Office has announced it earned record-breaking revenue in fiscal year 2023, much of which will go to education.