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Last updated 3:12AM ET
August 15, 2018
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First News: End of fiscal year 2012 oil & gas revenues exceed expectations. (listen)
(KSFR) - New Mexico finance officials are wrapping up the final auditing for the fiscal year just passed and say that revenues from oil and gas production came in stronger than expected. When combined with other revenue increases, New Mexico could have nearly $400 million more going into the budget for this year. Even so, the total budget picture is still less than it was in 2008 before the recession fully hit. The Albuquerque Journal says the state will probably put the excess funds in reserves.

A downtown Santa Fe tradition has opened for business again. The Plaza Cafe was closed nearly two years ago because of a kitchen fire, and wrangling over insurance coverage took more time than expected. But now the owners say they have rebuilt and redecorated so that the eatery looks the same as it did before. The cafe is perhaps the oldest of its type downtown, dating back to the 1800s. It's been owned by the same Santa Fe family since the 1940s.

The state finance department says they now know why pay checks for thousands of state employees came up short -- it was an employee mistake, not a computer error. Pay checks for some 8,000 workers had errors in them last week and the department wants individuals to get in touch to make a claim. But they say that they haven't heard from anyone yet.

Ahead of tonight's meeting, Santa Fe City Council has postponed until July 25th consideration of a one-year trial program making Canyon Road a one-way thoroughfare from Paseo de Peralta to Delgado. The plan has drawn protests from nearby residents concerned the move will put too much traffic on adjacent streets. The city's governing body will consider, however, a resolution that may reduce or even eliminate the amount of fluoride added to the water supply. Fluoride appears naturally in our water and the federal government has recently recommended a new, lower level that still supports dental health. The Santa Fe resolution will consider adherence to the new standard.

Today, the New Mexico State Forestry Division lifts its statewide restrictions on campfires, fireworks and open fires. The bans were put in place on all non-municipal, non-federal and non-tribal lands across New Mexico due to extreme fire danger. The stand-down is a result of summer monsoons, which have lowered the fire danger. State Forestry says it may re-implement restrictions, if conditions worsen.
Two-term New Mexico Attorney General Gary King has announced that he plans to run for governor in 2014. Democrat King is the son of three-term New Mexico Gov. Bruce King. The Attorney General is the first in his party to announce plans to run against Republican Gov. Susana Martinez if she seeks re-election. The run will be King's third for the governor's office.
The state's Public Regulation Commission is considering a host of new rules for power companies regarding utility outages. The move was prompted by New Mexico's widespread loss of natural gas supplies during a record-breaking cold snap in February 2011 that left thousands without service for days on end. Today's New Mexican reports that utility companies were the only ones commenting a a Tuesday public hearing at the PRC. Among the PRC's proposals is one that utilities be required to report outages of more than half an hour that affect 5% of their power load. Utility representatives countered that a 20% threshhold for reporting is more reasonable and that half an hour was too little time for them to assess an outage.

Weather for Santa Fe - mostly sunny and drier for the next few days. There's a 30% chance for scattered afternoon and evening thundershowers today and Thursday with highs from the low-to-mid 80s.
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