N.M. Stat. § 6-3-24
Budget adjustments; authorizations permitted.
A. A state agency may be specifically authorized by law to request a budget
adjustment. The amount of budget adjustment authorized may be limited by law. All
requests for budget adjustments shall be made in accordance with the procedures set
forth in Section 6-3-25 NMSA 1978.
B. The state budget division of the department of finance and administration may
approve budget adjustments for state agencies as provided by law. If the budget
adjustment results in an increased expenditure of other state funds, internal service
funds or interagency transfer funds above the amounts appropriated, such funds are
hereby appropriated.