[{"_1":2,"_87":-5,"_88":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6574368,"mediaKeyId","3081428-7f65c3da622a66b8a5f4123e6f65b0f8","parentId",3081428,"title","City economist: gross receipts tax growth mixed; council presses for online-sales detail","audioSeconds",229,"startMs",461000,"endMs",690000,"viewUrl","/Search/View?dp=1&key=3081428-7f65c3da622a66b8a5f4123e6f65b0f8&start=461&end=690","thumbnailUrl","https://assets.pipeline.soar.com/3081428-7f65c3da622a66b8a5f4123e6f65b0f8/thumbnail_461000.jpg","articleUrl","/articles/6574368/Albuquerque/Bernalillo-County/New-Mexico/City-economist-gross-receipts-tax-growth-mixed-council-presses-for-online-sales-detail","mediaUrl","https://secure.pipeline.soar.com/6574368-f56adcab77070aa02646319cdcea0133/orig.mp4?Expires=1771004642&Signature=WpVwAJuaC7lcjCsSXr8Sx8gXt76Jw0zOkFLQ1vuA4fw5zvjjjWa8EIkHN2fRTZlnP6sGIf1-VOMwWYznKcg0Mi5vxTvXE4h6d3CDWLYQ6f51oLdezTNCCaiXmgAsuwgsXRBZ4FIx7C-IRhtLWOyOLdbjIANqIZSG~LbeyKEEpd3yMCdJ-Ypw-k8ykToG7qFjfzRROQjZFqmQHImKDjB1MuXTnerwQzEmcY3piugE5-38ZxSK5rQHqfZghNDFfrqFCTtsC6ZP20Kz6vA6UCelhCNyqOz-PopNlq0NK-beaOjQGVPoBLuBh6b6-4-787Y3EH74xOZhsORN8TZDxBWgcA__&Key-Pair-Id=KUT5TJCACFTXG","author","Albuquerque","date","2025-04-21T00:00:00Z","article","The Albuquerque City Council received its monthly gross receipts tax (GRT) update on Monday, hearing that year-to-date receipts were modestly above the projection incorporated in the FY2025 budget but with mixed sector performance.

City Economist Christine Burner told the council that January distributions were down 1.1% compared with the prior year but February rebounded to 4.7% growth. Cumulatively through January (year to date for FY25) GRT growth based on the city’s model rose to about 2.6%, slightly above the 2.1% growth assumption in the current budget.

Burner said most business sectors excluding the state’s food and medical “hold harmless” disbursements were up 3.7% for February and up about 1.3% year to date; construction and professional, scientific and technical services were performing relatively well, while retail has struggled in FY25.

Councilors used the presentation to press for more granular data. Councilor Lewis and others asked whether the retail figures represented multi-month trends or one-month variation; Burner said construction can be lumpy month to month and pledged to investigate specific months and drivers. Several councilors pressed staff to obtain a state breakdown of online sales, which the city’s GRT reports do not separately identify.

Burner said the state currently does not provide online-sales subtotals in the standard distribution data and that the state would need to change reporting systems to produce that breakdown. Councilor Rogers and others suggested local work-arounds: obtaining the state RP-80 reports that include NAICS codes and using the NAICS 454110 electronic shopping/mail-order classification to approximate on-line activity.

Councilor Pena asked staff to follow up with the state and to bring available RP-80 or NAICS-based estimates back to the council; several councilors requested that Burner bring updated forecasts after the UNM/Biebr economic forecast meeting on May 2. Burner also noted national forecasters’ characterization of an uncertain macro outlook and said S&P Global sees a baseline “growth recession” scenario as approximately the 50% baseline.

No council action was required during the briefing. Members said the data will inform FY26 budget discussions and urged staff to pursue better online-sales and sector-specific detail ahead of the city’s next budget cycle.","mediaType","Video","parentTitle","Albuquerque - City Council on 2025-04-21 5:00 PM - TWENTY-SIXTH COUNCIL - THIRTIETH MEETING - Apr 21, 2025","oneSentenceSummary","City economist Christine Burner reported modest year-to-date growth in gross receipts tax revenue and highlighted volatility across sectors; councilors pressed staff for more detailed online sales and sector breakdowns to guide budgeting.","taxTitle","Albuquerque, Bernalillo County, New Mexico","taxId",2710,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6574373,"Council to consider $250,000 state grant to stabilize Railyards firehouse",141,249000,390000,"/Search/View?dp=1&key=3081428-7f65c3da622a66b8a5f4123e6f65b0f8&start=249&end=390","https://assets.pipeline.soar.com/3081428-7f65c3da622a66b8a5f4123e6f65b0f8/thumbnail_249000.jpg","/articles/6574373/Albuquerque/Bernalillo-County/New-Mexico/Council-to-consider-250000-state-grant-to-stabilize-Railyards-firehouse","https://secure.pipeline.soar.com/6574373-c140897c99be0784e636bf291865d01b/orig.mp4?Expires=1771004642&Signature=fGV-whc23SH4padjp3ymuJoHpJJPkKg2ieKh5Zc~LxYRebZbra4VwVAnvWyJ9TH9vXwplrhq0dZGpXPNmw01ZnrzS0nBLk3UwrnCzfXg2xBAC06ULi7SzTAjj9XZV7YBt8XVsFl6vG8~XW8YKLlfSWpd1Ds5Tff4pRFTf-NjwoVOS~9ksLFHuK9sdKPinAYv11cL7iDKBGmoYx10GMAaIRxkUniNoTMDifdnC1oJ5y5FCTo67QUWhBC3SPwM9XLh2XxNk5KMCJCktNDxLfTga~gFjl9JejJpXtC1qRABi5WVMk9zK72SpCjAJk~JKYAazqrxdnxtmvHVuXYAjg3QIA__&Key-Pair-Id=KUT5TJCACFTXG","The Albuquerque City Council heard an update Monday on plans to stabilize the historic Railyards Firehouse and prepare an agreement to accept a $250,000 New Mexico Cultural Properties Restoration Fund grant. City General Services staff said the money will fund building-envelope repairs and site work to address grading and drainage.

Nathan Martinez, representing the General Services Department, told the council the master plan for the Railyards was adopted in 2023 and called the firehouse an “iconic building” on the northwest section of the campus. Martinez said the grant will support a limited stabilization scope: reroofing and insulation improvements, repair of failing wall systems on the west side of the structure, and grading and drainage work to reduce storm runoff against the building.

Martinez said the department will work with local architect Lee Gamelski on the stabilization project; Gamelski was described as having prior Railyards experience. Martinez said staff have not identified foundation failures but observed wall degradation associated with poor drainage. “Structurally, it doesn't seem to have taken much of a loss… there are some walls that can use some repair and improvement,” Martinez said.

Councilors asked for clarification about what “stabilization” means. Martinez said the intent is preventative work so the facility “remains standing” and can better weather time and storms; he emphasized the work is focused on the building envelope, not a full restoration or reuse conversion. No formal ordinance or vote to accept the grant was taken during the presentation; staff said they are preparing an amendment for council action.

The presentation did not include a construction timetable or a contract award. Martinez said General Services would present the specific agreement for council approval once details and procurement steps are complete.

The Railyards Firehouse is located on the Rail Yards Campus, a few blocks south of downtown Albuquerque. The project described by staff is limited to stabilization funded by the cited state restoration grant.

Councilors did not take immediate action in the meeting; staff said the grant and implementing amendment will be scheduled for a future council agenda for official acceptance and any necessary contract authorizations.","City staff described planned repairs and a council amendment process to accept a $250,000 New Mexico Cultural Properties Restoration Fund grant to stabilize the historic Railyards Firehouse.","actionData","errors"]

Article not found

City economist: gross receipts tax growth mixed; council presses for online-sales detail

Council to consider $250,000 state grant to stabilize Railyards firehouse