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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Albuquerque City Council passes 3/8th of a cent gross receipts tax hike on an 8 to 1 vote. Only dissenting vote was Councilor Brad Winter.— Chris McKee (@ChrisMcKeeTV) March 6, 2018