Cecilia Mavrommatis

This document provides comprehensive guidance for New Mexico state agencies to create their five-year Infrastructure Capital Improvement Plan (ICIP). The plan outlines a process for strategic development, maintenance, improvement, and acquisition of infrastructure assets, emphasizing project prioritization based on critical and strategic criteria, detailed cost analysis, identification of funding sources, and ongoing project monitoring to ensure viability and alignment with state goals.

This document serves as the certification for an Infrastructure Capital Improvement Plan (ICIP) spanning from 2027 to 2031. It includes a statement certifying the truth and correctness of the accompanying summary and detailed statements.

The meeting addressed several actions, including the approval of lease agreements for Santa Fe County, Central New Mexico Community College, and Doña Ana County properties. Key policy approvals included the Open Meetings Act Resolution 26-01 and Interest Rate Policy 26-02, along with determinations for the 2026 Board of Finance Secretary and Subcommittee Membership. Higher Education actions included the approval of the Doctor of Philosophy Degree Program in Wildlife and Fisheries Ecology for New Mexico State University. Emergency funding was approved for Luna Community College to address a student housing emergency, while a request for Guadalupe County Hospital HVAC replacement was withdrawn. The Board also approved amending the Authorizing & Delegating Resolution for State of New Mexico General Obligation Bonds, Series 2026. Informational items included presentations on the 2025 Annual Financial Information Filing, capital project financial status reports for December 31, 2025, and investment reports.

The meeting commenced with procedural announcements regarding mute etiquette and speaker identification. Following roll call which confirmed a quorum, the agenda and the minutes of the October 21, 2025, regular meeting were approved. Key discussions focused on the consent agenda items, including capital expenditures for the University of New Mexico for property acquisition, the lease of the Fort Stanton Historic Site to Lincoln County, the donation/acquisition of the Veteran Cemetery in Taos County, donation of property in Bernalillo County to East Central Ministries, and a lease agreement for property in Albuquerque to Brinks Incorporated. The board also addressed extensions for private activity bond volume cap allocations for the West Mesa Ridge A and Desert Willow apartments projects, the 2025 private activity bond volume cap expiration date, and the proposed 2026 meeting schedule. A significant portion of the meeting involved authorizing the State of New Mexico Severance Tax Note Series 2025 SC for $24,246,585 to rectify the funding shortage for the Water Trust Board, and authorizing the Supplemental Severance Tax Note Series 2025 SD for $742,600,000 to fund public school capital outlay projects. Finally, approval was sought for a construction contract for the Reality-Based Training Facility for the Department of Public Safety, awarded to James Corporation for $15,763,635.

The quarterly meeting provided updates on several critical system and administrative topics. Key discussion points included the transition of all Share tickets and support to a new centralized email address (share.help@dfa.nm.gov) and phone number. Reminders were issued regarding Share login procedures, emphasizing the use of employee IDs rather than email addresses, and the functionality of the MFA password reset link. Updates covered a bi-weekly cleanup process for 'additional approvers' to enhance performance and support enhanced timesheet security, which removes unnecessary approval rows based on agency transfer, reporting structure, or existing approval access. Information was also presented on changes to 1095-C form distribution, removing the mandate for mailing forms, and new processes for HR to print them upon request. Furthermore, updates addressed system changes related to compensation plan enrollment verification upon rehire, the necessity of reactivating benefit service dates, and a forthcoming save edit feature that will clean up historical data in the eligibility field (removing A, B, or C values for entries effective after July 5th). Finally, the session covered the introduction of a new W2 reporting requirement for 2025 regarding qualified overtime (the halftime portion) in Box 14, and a reminder about implementing custom security for manager timesheet access, restricted only to employees who report directly to them or for whom they are listed as an additional approver.