Day: May 14, 2020

"Significant Strain on New Mexico's Finances": Consensus Revenue Estimates Point To Massive Drop in Fiscal Year 2021 Funding

“SIGNIFICANT STRAIN ON NEW MEXICO’S FINANCES”: Consensus Revenue Estimates Point To Massive Drop in Fiscal Year 2021 Funding

Weighed down by the double burden of a major decline in gross receipts taxes due to COVID-19 and a steep decline in global oil prices, New Mexico’s recurring revenues are expected to decline somewhere between $1.7 and $2.4 billion in FY2021, according to consensus revenue estimates released by the Governor’s office and state legislature last …

“SIGNIFICANT STRAIN ON NEW MEXICO’S FINANCES”: Consensus Revenue Estimates Point To Massive Drop in Fiscal Year 2021 Funding Read More »

Re-Opening at Risk: Liability Concerns Hang Over Plans to Re-Open Economy; Chamber Calls For Federal Legislation

RE-OPENING AT RISK: Liability Concerns Hang Over Plans to Re-Open Economy; Chamber Calls For Federal Legislation

One major concern for businesses as New Mexico and the country at large move toward re-opening the economy under state and federal COVID-19 safety guidelines is the lack of liability protection. If business owners make consistent good faith efforts to follow all public health guidelines to protect customers and employees, but are still at risk …

RE-OPENING AT RISK: Liability Concerns Hang Over Plans to Re-Open Economy; Chamber Calls For Federal Legislation Read More »

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