SANTA FE, NM (STL.News) New Mexico Governor Michelle Lujan Grisham on Friday announced the Department of Finance and Administration’s new capital outlay dashboard, an online tool that will allow the public, local governments and state policymakers to track and analyze local infrastructure projects, a first for New Mexico government.
The dashboard, viewable online here, is primarily an accountability measure, the governor said, intended to boost efficiency and ease of access to funding information and status updates about capital projects all across the state. CLICK to view dashboard.
“When we make it possible for the people to keep a watchful eye on these projects, we’re taking an important step toward making sure the funding the Legislature appropriates is being put to its intended use — in a timely fashion,” Gov. Lujan Grisham said. “If we’re not moving money out the door, that’s a problem.
“This is a quantum leap forward from the status quo. We have provided for long-overdue infrastructure needs all across this state; I want New Mexicans to be sure their local governments are putting their tax dollars to work, to be sure my administration is providing support to address problem areas that have lingered from years past.”
The existing framework for capital outlay reporting restricted state agencies’ ability to consistently monitor project expenditures to ensure appropriate and timely use of state monies. The dashboard dramatically improves upon that framework, compiling all data in one sortable place, making it possible for state agencies to spot trends and proactively identify issues in need of support.
The dashboard — customizable by government entity, type of project, year of expiration and other metrics — includes data visualizations of capital appropriations, including sortable information about project balances and funding sources; searchable details of every statewide capital project dating back to Fiscal Year 2016; and status updates on state agency grant agreements with local governments.
The dashboard, to be maintained by the Department of Finance and Administration, will assist state finance staff in project oversight and provide lawmakers and the public easier one-stop access to track the progress of appropriated projects, said Finance and Administration Secretary Olivia Padilla-Jackson.
“We are very excited to take the state’s financial reporting into the 21st century,” Padilla-Jackson said. “This online, interactive dashboard is the first of a series that are in development. We are working on future initiatives to enhance visibility and accountability in areas to include the state budget, revenue forecasts and contracts, among other items.”