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City of Carlsbad passes 2024 $81M spending plan

The City of Carlsbad approved an $81 million spending plan for 2024 despite missing $25M in lost state tax revenue from a governor s veto in April.

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Late bank deposit does not hurt City of Carlsbad 2022 audit

The City of Carlsbad passed a 2022 financial audit despite late deposits of some federal money into the State of New Mexico treasury.

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Carlsbad City Council approves 2023 budget, with $114 million in projected revenue

The City projected $114 million in revenue for 2023, according to a memorandum written to councilors by City of Carlsbad Finance Director Melissa Salcido and City Administrator John Lowe.

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City of Carlsbad approves interim 2023 budget over GRT worries

Gross receipts tax (GRT) collections were anticipated to be flat in the City of Carlsbad as the 2023 budget was drawn up and approved Tuesday night.

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Pending bills in Santa Fe could recoup lost GRT money for Carlsbad

Carlsbad Mayor Dale Janway said two pending bills in the New Mexico Legislature might help the City recoup lost tax revenue from a 2019 bill.

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