The "General Appropriation Act of 2025" establishes the budgetary framework for state agencies in New Mexico for the fiscal year 2026. It defines key terms such as "agency," "federal funds," "general fund," and "performance measure," which are essential for understanding the appropriations process. The act appropriates specific amounts from various funding sources, including the general fund, federal funds, and other state funds, to different sectors such as legislative, judicial, health, public safety, and education. Notably, it stipulates that unexpended balances in agency accounts at the end of fiscal year 2025 will revert to the general fund unless otherwise specified.

Additionally, the act includes provisions for monitoring agency revenues and adjusting budgets accordingly, as well as guidelines for the use of appropriated funds, particularly regarding agency-issued credit cards. It also mandates the transfer of funds from the tobacco settlement permanent fund to ensure full funding for appropriations made from the tobacco settlement program fund. The act emphasizes accountability and efficiency in the use of state resources, ensuring that appropriations align with projected revenues and legislative requirements.