the impact of oil and natural gas on
new mexico's state budget
oil and natural gas contributes
to new mexico's state budget
general fund revenues attributed to oil and gas production throughout the years
FY20 Total Revenues $2.801 BILLION | 33.5%
gross receipts tax
personal income tax
oil & gas school tax
corporate income tax
oil & gas conservation tax
natural gas processors tax
federal mineral leasing
land grant permanent fund dist.
sev tax perm. fund income
Land Office Income
benefits of the oil and natural gas industry to
new mexico's economy and budget
the oil and gas industry contributes over one-third of the funding for schools, infrastructure, healthcare, and public safety -
more than any other industry in new mexico.
oil and gas funds support the construction of new roads and highways to keep new mexico on the move.
new mexico general fund
oil and natural gas industry supports one-third, or $2.8 billion, of the state's annual budget.
funding for local schools
students and teachers receive nearly $1.4 billion each year to support new mexico's schools.
oil and natural gas help new mexico put more public safety officer on the streets, keeping our communities safe.
american energy security
producing oil and natural gas in new mexico makes america less reliant on other countries for our energy needs.
Tens of thousands of New mexicans are employed as a result of oil and natural gas production.
the oil and gas industry's benefit to
new mexico schools
the oil and gas industry contributes over
funding for schools
total education funding
provided by the oil and natural gas industry
in new mexico
Higher Education Funding
Funding Per Teacher
Funding Per Student
(Click below to see your county's total)
New Mexico Map
Total Education Funding