THE CITY OF ALBUQUERQUE IS IN A FINANCIAL HOLE RIGHT NOW, BUT NEW MAYOR TIM KELLER SAYS THE DEFICIT IS PRETTY MUCH ROUTINE AND CAN BE HANDLED. THE CITY RIGHT NOW HAS A NEARLY 6 MILLION DOLLAR DEFICIT … WITH NEXT YEAR’S DEFICIT PROJECTED TO BE NEARLY 40 MILLION DOLLARS.
THE ALBUQUERQUE JOURNAL REPORTS THAT A FIVE-YEAR BUDGET FORECAST HAS BEEN TURNED INTO THE CITY COUNCIL. KELLER SAYS THE BUDGET SITUATIONS MEANS PRIORITIZING WHAT GETS DONE AND WHAT’S IMPORTANT FOR ALBUQUERQUE. HE ALSO SAYS THE CITY HAS TO PRIORITIZE JOB CREATION TO TRY TO KEEP THE BRAIN DRAIN FROM HAPPENING WHEN OUR KIDS MOVE AWAY.
