Tax law changes could drive up house payments

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CNJ staff photo: Sharna Johnson Curry County Deputy Assessor Shelly Brown goes through property cards Wednesday afternoon. The assessor’s office often receives calls from homeowners whose escrow was calculated incorrectly after property tax laws were changed in 2005. Sharna Johnson Homeowners who purchased residential property since 2005 may get struck with lightning — tax lightning […]

Business digest — June 28

Clovis businessman completes leadership program Randy Kamradt, vice president of Davtek in Clovis, is among 39 statewide leaders who recently graduated from the Leadership New Mexico Core Program. Graduates attended six educational sessions for the 2010-2011 program. Leadership New Mexico is a tax-exempt organization founded in 1995 to identify current and emerging leaders throughout New […]

Move to end ethanol tax credits overdue

Freedom New Mexico Corn ethanol not so long ago was the darling of the green movement, and Congress responded by lavishing on growers and blenders of the alternative fuel lucrative tax credits and favored tariff protections. So much for the free market. But that was then. Now, by a huge bipartisan margin, the U.S. Senate […]

Clovis homes retain value in midst of struggling market

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CNJ staff photo: Sharna Johnson Homes have retained their value in Clovis and new home construction continues despite dropping values around the nation, according to local lenders and officials. Sharna Johnson While the rest of the nation continues to struggle with home values at record lows, homes in Clovis appear to be retaining their value. […]

Gross receipts tax election polls open from 7 a.m. to 7 p.m. today

Kevin Wilson Today is election day for an ordinance that would increase Clovis’ gross receipts tax to pay for the city’s share of the Ute Water Project. Voting runs from 7 a.m. to 7 p.m. Ordinance 1953-2011 would impose a .25 percent gross receipts tax increase (25 cents per $100 spent on taxable items), for […]

Gross receipts tax election set for Tuesday

Kevin Wilson The city is holding a special election Tuesday for a gross receipts tax increase. Here are some of the basics about the election: What is being voted on? Ordinance 1953-2011 would impose a .25 percent gross receipts tax increase (25 cents per $100 spent on taxable items) for 10 years, to be dedicated […]

Letters to the editor: Readers debate increasing GRT

Tax increase best choice for city I would like to commend the city staff, city commissioners, and the mayor on their conscientious efforts to determine the best and most efficient method by which to obtain the funds to support the Ute Water Project. They have worked diligently without prejudice to find the best acceptable solution. […]

Gross receipts tax our choice of poison

Freedom New Mexico Studies accepted by city leaders predict Clovis residents will run out of water in about two decades, if not sooner. No one has shown any proof to dispute this dire prediction, though some studies guess the water won’t dry up for a decade or so longer. But there certainly is no debate […]

Obama exploits emotion to sell tax increase

Freedom New Mexico President Barack Obama pledged Tuesday to raise taxes on the rich, pitching it as a way to reduce the deficit while protecting programs that help children, the elderly and the most sympathetic members of society. He said opponents would oppose tax increases for the rich as an “article of faith,” and a […]

City holds second town hall on gross receipts tax

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CNJ staff photo: Kevin Wilson The City of Clovis held a town hall meeting Wednesday regarding a special election for a .25 percent gross receipts tax increase. About 20 residents attended. The special election is May 3. Kevin Wilson Clovis Mayor Gayla Brumfield said the first time the city held a town hall meeting on […]