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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:

ICIP Forms and Documents

In accordance with state statute §6-4-1 NMSA 1978 all state agencies must submit their  Infrastructure Capital Improvement Plans, generally by summer/fall.  There are different dates for each these entity types:

  • Special Districts 

  • Tribal Governments 

  • Counties and Municipalities 

  • Senior Citizen Facilities 

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. 

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