City council approves tax hike to help reduce crime

posted by iHeartABQ - 

Story from KRQE.com

Albuquerque city councilors voted to raise taxes Monday night.

"The three-eighths of a cent gross receipts tax hike is estimated to generate about $52 million in additional revenue as the city faces a $40 million budget deficit.

“I truly believe that this is the last resort,” City Council President Ken Sanchez said. " 

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Source:KRQE

Source: KRQE

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