NM Investment Funds Up Nearly $2B In Quarter  - The Associated Press

A legislative report shows New Mexico's endowment and pension funds grew by nearly $1.9 billion during the first quarter of the year.

The Legislative Finance Committee reports that the Public Employees Retirement Association had investment returns of 5.4 percent during the first three months of the year, with pension fund assets of $13 billion.

Report: IG Faults Payments To Ex-Rep. Wilson - The Associated Press

The Energy Department's inspector general says former Congresswoman Heather Wilson collected $450,000 in questionable payments from the nation's federally funded nuclear labs after she left office.

A report says the New Mexico Republican failed to document what she did to earn $20,000 a month from New Mexico's Los Alamos and Sandia national labs from 2009 to 2011.

Lawmakers Told That NM Drought Likely To Persist - The Associated Press

State water officials say the prospects are bleak that seasonal rains will provide much relief from the drought gripping New Mexico.

Legislators were told Monday by the State Engineers Office that the precipitation outlook for June to August is likely below normal for the eastern two-thirds of New Mexico and the odds favor above normal temperatures for most of New Mexico.

NM Earns Nearly $48M From Trust Lands - The Associated Press

Royalties from leases and oil and natural gas production on New Mexico trust land netted nearly $48 million in revenue in May.

The revenue coming into the State Land Office each month supports public schools, universities and hospitals.

New Mexico Land Commissioner Ray Powell says the goal is to create jobs while protecting the state's working lands.

Albuquerque, NM – This year the KUNM Newsroom is teaming up with some of the best journalists in New Mexico to bring you comprehensive, meaningful analysis from the state legislative session in Santa Fe. Check out our new blog and join us for updates, video, and live streaming during the session. It's called the KUNM Government Project.

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