The General Appropriation Act of 2025 establishes the budgetary framework for New Mexico state agencies for the fiscal year 2026, detailing key definitions and guidelines for appropriations from various sources, including the general fund. It mandates the monitoring of agency revenues and the reversion of unexpended balances at the end of the fiscal year. The act allocates specific funding for various state agencies, including the legislative and judicial branches, while emphasizing the importance of maintaining accurate records and ensuring that appropriations are not misused for unauthorized expenses.

Additionally, the bill outlines appropriations for numerous programs across different sectors, including education, public safety, health services, and economic development. It includes provisions for performance measures to assess the effectiveness of funded initiatives, such as tracking student outcomes in education and monitoring public health services. Notably, the bill allows for emergency fund transfers under certain conditions and emphasizes fiscal accountability by stipulating that unexpended balances revert to the appropriate funds at the end of the fiscal year. Overall, the bill aims to enhance the efficiency and effectiveness of state operations while ensuring responsible management of public funds.