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Council presses administration on $18.8M projected overspend in first-quarter report
Summary
City administration presented the first-quarter revenue and expense report showing a projected $18.8 million overspend driven by police, fire and municipal development contracts. Councilors pressed for causes, mitigation plans and timing of audit and forecasts; administration cited operating contracts and turnover as factors.
City finance officials told the Albuquerque City Council that first-quarter projections show a roughly $18.8 million projected variance for fiscal year 2026 and described mitigation steps as they fielded extensive council questions.
Budget staff told the council that the largest projected variances are concentrated in a handful of departments: an increase in operating costs for fire (pharmaceuticals, cleaning, contracted services), contract and personnel costs for municipal development (pump services, street lights, and a major knockdown/traffic light replacement contract), and increased contractual spending for police including…
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