New Mexico Treasury Secretary Deborah Romero is retiring after nearly 50 years of government service

EL PASO, Texas (KTSM) – New Mexico Secretary of Treasury and Administration Deborah Romero will retire at the end of the year after serving 48 years in the New Mexico state government, the governor’s office said announced on Tuesday 22 November.

Romero has headed the Department of Finance and Administration (DFA) since 2020 and previously served as DFA Assistant Secretary and Director of the Department’s Department of State Budgets.

A highly respected career official in the New Mexico state government, Romero has worked for nine different governorships and attended more than 40 legislative sessions. She has worked in a variety of budgeting and finance roles, spending the majority of her career at DFA.

During her time in the department, she set up the infrastructure investment process for local governments, created the government capital expenditure tracking system, and launched the government infrastructure financing conference, which celebrated its 25th anniversary this year. She also previously served as Chief Financial Officer for the New Mexico Department of Homeland Security and Emergency Management and as Director of Boards and Commissions under two previous administrations.

“I am deeply grateful to Debbie for her decades of public service in New Mexico and the invaluable experience and expertise she has brought to my administration,” said Governor Michell Lujan Grisham. “There is no question that her decades of work on public finance issues have left an indelible and undeniably positive mark. After nearly 50 years as a tireless and tireless public servant, she well deserves this next chapter of retirement with her family and I wish her well.”

“Public service is a family tradition that began with my parents and has also become a calling for me, but it is time to begin the next season of my life with my husband and our family after living in New York for 48 years served in Mexico,” Romero said.

As part of Lujan Grisham’s government, Romero played an integral role in the formulation and implementation of state budgets. Her accomplishments during the current administration include overseeing the distribution of $1.8 billion in federal funds, including the distribution of over $200 million in emergency rental housing funds; Improving the capital spending process by enhancing oversight and support; establishment of new and improved budgeting systems for government agencies; overseeing hundreds of millions of dollars in special funds and executive orders; and managing the fiscal establishment of both the Law Enforcement Recruitment Fund and the Governor’s Food and Hunger Initiative.