Posted inAlbuquerque, Local Government

Albuquerque councilors propose tax hike to raise over $100 million for new projects, staff pay

By Jesse Jones — A new proposed City Council ordinance, O-26-16, known as the Community Enhancement Municipal Gross Receipts Tax and sponsored by Councilors Joaquín Baca and Brook Bassan and Mayor Tim Keller’s administration, would raise the city’s gross receipts tax (GRT), a local sales tax on goods and services, by .4875% — generating an […]