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Las Cruces council approves NMFA bond application and amends GRT spending after hours of public comment
Summary
After extensive public comment, the Las Cruces City Council approved submission of a New Mexico Finance Authority bond application and a GRT spending plan. Council reduced the city's contribution to a police driving track and redirected $1 million to deferred facilities maintenance to address library, parks and other infrastructure needs.
The Las Cruces City Council voted April 6 to authorize submission of a New Mexico Finance Authority application seeking bond proceeds of up to $20 million and to approve a municipal gross receipts tax (GRT) spending plan that the council amended after debate and public comment.
The council's action follows weeks of work sessions and public meetings used to prioritize projects that the GRT increase (0.325 percentage points) was intended to fund. Staff recommended a roughly 60/40 split between maintenance (deferred facilities, streets, fire and police fleet upkeep, ADA compliance) and new projects (training and capital projects). The NMFA application (resolution 26‑124) was approved on a council roll call.
Why it matters: City officials said the funding is intended to close a backlog of capital needs after decades of underinvestment. Cynthia Lamillo, the city's capital improvements program manager, told the council the…
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