Audit: N.M. private-prison costs soar
Source: By Steve Terrell, The New Mexican, May 24, 2007
New Mexico pays significantly more than nearby states to house inmates in private prisons, according to a report presented Wednesday to state lawmakers. The 100-page audit (.pdf) by a Legislative Finance Committee review team says New Mexico's private-prison spending rose 57 percent in the past six years, while the inmate population increased only 21 percent.
….. The major private prison operator in the state is The GEO Group, which operates facilities in Hobbs and Santa Rosa and will operate a prison being built in Clayton.