New activities can help guarantee and diversify future revenue from New Mexico state trust lands, complementing the successful Land Grant Permanent Fund.
state fiscal policy
States tend to spend, rather than save, federal fossil fuel disbursements, potentially making them vulnerable to economic transitions.
This panel discussion, with examples from Montana and New Mexico, examines how fiscal policies have failed rural communities.
State and federal fiscal policies hurt rural communities by limiting how local governments can grow, diversify, and invest revenue.
Where rural recreation counties rely on public funding for health care, fiscal solutions should diversify the ways local governments can save and spend.
States were granted trust lands by the U.S. Congress to generate revenue to fund public institutions, primarily public schools.