Albuquerque’s budget picture isn’t getting any prettier as a new forecast shows the city is still millions of dollars in the red.
Meanwhile, city councilors are anticipating some big cuts while also having to consider some pay hikes in the coming weeks.
The City of Albuquerque’s latest “first quarter revenue estimates” report shows the city is about $4.5 million short of projections made in April 2017 under former Mayor Richard Berry’s administration. Several city councilors got a look at the report Monday during a council “Finance and Government Operations Committee” meeting. ... Councilors will soon have to take a vote on a potential 1.5 percent pay increase for the city’s union firefighters.