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Government funding helped offset lost revenues from COVID-19

Council presented with unaudited income statement for 2020 ....

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New Mexico's State Budget Gets Major Boost From Oil and Gas Revenues

New Mexico's State Budget Gets Major Boost From Oil and Gas Revenues
energycentral.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energycentral.com Daily Mail and Mail on Sunday newspapers.

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Municipal Digest

Article content
The pubic is invited to question and comment on Bruce County plans to replace the bridge spanning the Teeswater River in central Paisley during a virtual pubic meeting May 18, from 6-8 p.m.
The second virtual public meeting will provide additional details of the project for the Bruce Road 3 bridge, including the preliminary findings of a hydrology study, bridge design alternatives, and discussion of the preferred detour route.
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The existing bridge was built in 1935, and has reached the end of its service life officials said. ....

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New Mexican economists warn: Change course now | The NM Political Report

By Jerry Redfern, Capital and Main |
January 9, 2021
Later this month, New Mexico lawmakers will have another chance to fix an economic problem that has plagued the state for decades.
“For at least 40 years people in the state government and the Legislature have known that they are overly dependent on oil and gas for state revenue,” says Jim Peach, regents professor of economics at New Mexico State University.
Right now, more than 40 percent of the state’s income relies on the boom-and-bust fortunes of oil and gas. Now, according to a trio of New Mexico’s leading economists, the time has come to change course. ....

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New Mexican Economists Warn: Change Course Now

Later this month, New Mexico lawmakers will have another chance to fix an economic problem that has plagued the state for decades.
“For at least 40 years people in the state government and the Legislature have known that they are overly dependent on oil and gas for state revenue,” says Jim Peach, regents professor of economics at New Mexico State University.
Right now, more than 40% of the state’s income relies on the boom-and-bust fortunes of oil and gas. Now, according to a trio of New Mexico’s leading economists, the time has come to change course.
“Like it or not, we’re at the tail end of the fossil fuel age,” Peach says. “We really are.” ....

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