A TAX HIKE THAT WENT INTO EFFECT LAST YEAR IS HAVING A BIG IMPACT ON BERNALILLO COUNTY COFFERS. THE COUNTY THIS MONTH WILL GET MORE THAN 15-MILLION DOLLARS IN REVENUE DISTRIBUTION CHECKS FROM THE STATE TAXATION AND REVENUE DEPARTMENT. THAT’S AN INCREASE OF 21 PERCENT FROM A YEAR AGO.
THE COUNTY RAISED ITS GROSS RECEIPTS TAX BY THREE-SIXTEENTHS OF A PERCENT LAST YEAR. DEPUTY COUNTY MANAGER FOR FINANCE SHIRLEY RAGIN SAYS THAT…PLUS INCREASED ECONOMIC ACTIVITY…ARE RESPONSIBLE FOR MUCH OF THE GROWTH.
