ALBUQUERQUE MAYOR TIM KELLER TOLD THE ALBUQUERQUE ECONOMIC FORUM TODAY(WED) HIS ADMINISTRATION IS FACING A BUDGET DEFICIT. HE SAYS IT’S DUE TO THE FACT THE BUDGET WAS BASED ON 3 PERCENT GROWTH BUT THE CITY HAS ONLY SEEN GROWTH OF 1-POINT-7 PERCENT .
THE ALBUQUERQUE JOURNAL ALSO REPORTS KELLER TOLD THE FORUM THAT IF THE FEDS DON’T COME THROUGH WITH THE MONEY FOR THE A-R-T PROJECT, HE’D EXPAND THE SERVICE TO THE SUNPORT TO BE ABLE TO ACCESS THE SUNPORT’S EXCESS BONDING CAPACITY. HE TOLD THE FORUM THAT, AS OF RIGHT NOW, THE CITY DOES NOT HAVE A CHECK FROM THE FEDERAL GOVERNMENT TO HELP PAY FOR THE A-R-T PROJECT.
