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New Mexico organizers plan for international balloon fiesta
abqjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abqjournal.com Daily Mail and Mail on Sunday newspapers.
New Mexico organizers plan for international balloon fiesta
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Free things to do in Albuquerque
Lonely Planet Editors
8 March 2021
Cruising Route 66 is one of the best free things to do in Albuquerque © Alamy Stock Photo
Quirky Albuquerque is a fascinating mix of the Indigenous cultures, the mission-era old southwest, mid-century charm, and a buzzy college town. With mountains to the east and dormant volcanoes to the west, thousands of acres of trails and protected land, well-curated museums, and splashy oddities like the city s penchant for hot air balloons, there s a lot to see and do. Best of all, you can get a taste of what Albuquerque is all about even if you haven t found the riches of El Dorado.
Albuquerque-Bernalillo County Government Center on Civic Plaza. (Jim Thompson/Albuquerque Journal)
ALBUQUERQUE, N.M. The financial fallout from the Balloon Fiesta cancellation has officially landed in the city of Albuquerque’s books, but pinpointing it is a tricky proposition.
Newly released numbers show that the city’s total gross receipts tax revenue for October was $1.77 million, or 4.4%, less than the same month in 2019.
Direct year-to-year comparisons are difficult, due to significant variations between 2019 and 2020. That includes both COVID-19 and changes in how much revenue the state is sharing with the city.
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But Albuquerque’s city economist is estimating that losing the 2020 Albuquerque International Balloon Fiesta accounted for about $1.5 million of October’s gross receipts tax decline.
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