State of New Mexico Capital Outlay

Capital outlay funds are used to build, improve or equip physical property which will be used by the public.  This can include roads, schools, irrigation ditches, hospitals, museums, playgrounds, land, computers and furniture.  Capital outlay is authorized by the Legislature and generally nonrecurring.  Because of provisions in the New Mexico Constitution, capital outlay can only be used for government-owned facilities and assets.

Introduction to Capital Outlay Projects

Capital outlay projects include but are not limited to:

  • Equipment having a value over $10,000 dollars and a useful life of ten years or more;

  • Major renovations or repairs;

  • Plan and design specific to a capital project;

  • New structures, meaning the construction of new buildings;

  • Non-structural improvements to land, meaning the grading, leveling, drainage, and landscaping thereof and the construction of roadways, fences, ditches, and sanitary sewers;

  • Purchase of vehicles or any other capital asset.

Capital Outlay Lifecycle

These criteria may be used as a guide for legislators on evaluation of Capital Outlay projects:

Executive and Legislative Action

See these resources for the most up to date legislative actions on Capital Outlay projects this year. Due to the COVID-19 pandemic, the NM Chartered Legislation website has an additional tab for those projects signed during the 2020 special session. 

ICIP Forms and Documents

In accordance with state statute §6-4-1 NMSA 1978 all state agencies must submit their Infrastructure Capital Improvement Plans by the following dates:

  • Special Districts – Friday, September 4, 2020

  • Tribal Governments – Friday, September 18, 2020

  • Counties and Municipalities – Friday, September 18, 2020

  • Senior Citizen Facilities – Friday, October 2, 2020

Remember that your ICIP is now tied to your Capital Outlay request.


Please note: ICIP is no longer supported by Internet Explorer.  Please use Google Chrome, Firefox or Microsoft Edge.

General Resources


If you have additional questions about the Capital Outlay process please see these general resources or contact our office.