ALBUQUERQUE, N.M. – Albuquerque City Council is considering a proposal to raise the city’s gross receipts tax by 0.4875%, potentially generating an extra $130 million annually.
City Councilor Brook Bassan supports the tax increase. The funds would support projects like the Paseo and Unser Buildout and the North Domingo Baca Aquatic Center.
“This is the idea that I believe is going to really help project us forward,” said Bassan. She emphasized the need to catch up on delayed projects due to rising construction costs…