County brings in extra revenue

By Marlena Hartz: CNJ staff writer Curry County has a little more spending money this year, according to official reports. County Assessor Randy Williams reported Tuesday that the overall taxable property value increased by 4.73 percent from last year. He said the bulk of the increase can be traced to new housing and residential additions […]

Higher minimum wage could harm rather than help

Freedom Newspapers We hope those who continually agitate for a higher minimum wage don’t try to make too much of a Dec. 20 report from the National Low Income Housing Coalition. The coalition noted that a minimum-wage earner can afford a single bedroom apartment in only four of the nation’s 3,006 counties. At first glance, […]

Gross-receipts tax going up

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Lowe’s grocery store employee Javier Madrid, 17, left, and Assistant Manager Andrew Forrest stock the shelves Wednesday at the store. (Staff photo: Eric Kluth) By Ryan Lengerich:CNJ staff writer Prepare to save a little money on groceries and pay a little more for just about everything else when New Mexico rings in the new year. […]

City searching for revenue

By David Irvin: CNJ staff writer The city of Clovis has enough money to stay within budget for fiscal year 2005 which begins July 1, even with the $715,000 annual pay increase approved for police early last month. But it can’t fund other employee raises or pay for improvements to infrastructure without cutting expenses or […]

Issuance of $1.3 million bond approved by county

By Jack King: CNJ staff writer County Commissioners approved issuing a $1.3 million gross receipts tax revenue bond Monday to fund building an annex for the county’s adult detention center. But, County Manager Geneva Cooper said, in order to afford the bond payments — while avoiding a deficit — the commission also must pass two […]

The state’s blue ribbon tax committee has a long list of recommendations

The Associated Press Summaries of tax commission recommendations The Associated Press Here is a list of recommendations approved by the Blue Ribbon Tax Reform Commission: —Expand tax rebate for lower income New Mexicans and increase personal exemption for lower and middle income taxpayers. Reduce revenue by $45 million. —Phase out capital gains deduction for upper […]

Budget shows increase in gross receipts revenue

By Jack King The 2004 Clovis city budget adopted Tuesday by the City Commission shows little change in expenditures from last year and is supported by an increase in gross receipts tax revenue, city officials said. “We haven’t been in this good a shape in years,” said City Manager Raymond Mondragon. Mondragon said gross receipts […]