Section 6-3-23 - Budget adjustment defined.
6-3-23. Budget adjustment defined.
As used in Chapter 6, Article 3 NMSA 1978, "budget adjustment" means:
A. an increase or decrease in expenditures from other state funds, internal service funds or interagency transfer;
B. a transfer of funds from one division of an agency to other divisions of that agency;
C. a transfer of funds between budget categories within an agency or a division; or
D. an authorization to expend federal funds.