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With better revenue projections, City Council adds money to library, BioPark budget

An early May meeting of the University of New Mexico Bureau of Business and Economic Research came in the nick of time, as its updated economic forecast provided additional wiggle ....

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UNM BBER Report Assesses Santolina Development's Potential Impact

UNM BBER Report Assesses Santolina Development's Potential Impact
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UNM BBER report analyzes potential impacts of Santolina development; offers alternative data-informed scenario

An impartial analysis from The University of New Mexico’s Bureau of Business and Economic Research (BBER) evaluating the economic and fiscal impacts of the proposed Santolina development finds that buildout targets are likely too high, which could. ....

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Revenue projection: $3.5 billion in new money, though recovery slows

State economists told Legislators that they will likely have an additional $3.5 billion in revenue to consider when crafting the next budget. This is over the already record-breaking revenue, and budget spending, from the previous legislative session. The post-pandemic economic recovery in New Mexico is slowing down due to expired tax credits, oil price fluctuations ....

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