Mayors’ meeting illuminates New Mexico’s financial struggles

[TexasTowelie]

Cities across New Mexico are struggling as a drop in economic activity disrupts their budgets.

And the state government faces financial challenges so stiff that it may be out of compliance with state law, one official said.

These were among the points that emerged from a summit of New Mexico mayors who gathered in Downtown Albuquerque on Friday; it was sponsored by Mayor Richard Berry.

The mayors heard presentations from state Senate Finance Committee Chairman John Arthur Smith, D-Deming; David Abbey, director of the Legislative Finance Committee; and others.

Read more: https://www.abqjournal.com/846938/budget-year-off-to-a-rough-start-for-cities-across-nm.html