WHILE THE STATE OF NEW MEXICO AND MANY OF IT’S COMMUNITIES DEAL WITH A SHORTAGE OF CASH, ONE CITY IS LOOKING AT A SIZABLE SURPLUS. THE SANTA FE NEW MEXICAN REPORTS CITY HALL IS PROJECTING A MORE THAN 15 MILLION DOLLAR SURPLUS IN THE OPERATING BUDGET. THE PAPER SAYS IT’S DUE TO A STRONGER ECONOMY AND FISCAL DISCIPLINE.
THIS SURPLUS FOLLOWS ACTION TAKEN LAST YEAR TO SLASH SOME SERVICES TO REDUCE A 15 MILLION DOLLAR DEFICIT. SOME OF THE NEW MONEY WILL BE USED ON ROAD MAINTENANCE AND WEED CONTROL IN PUBLIC AREAS.
