Albuquerque mayor proposes $1.4 billion budget for fiscal year 2025

Albuquerque mayor proposes $1.4 billion budget for fiscal year 2025

ALBUQUERQUE, N.M. (KRQE) – Albuquerque Mayor Tim Keller and his administration has requested a $1.4 billion budget for the city for fiscal year 2025. That’s 2.3% more than the previous year’s budget, the city says.

“This budget continues to make important investments where they are needed, but takes a conservative approach, adjusting for past inflation and future revenue projections,” Donna Sandoval, the director of the Department of Finance and Administrative Services, said in a press release.


New Mexico regulators go after money transferring company

The proposed budget puts money towards public safety, including funding 1,000 police officers and an increase in police service aides. The budget also gives Albuquerque Community Safety (ACS) money to hire more field responders.

The proposed budget would put $8 million in non-recurring funding towards housing support and voucher programs and $100,000 towards emergency housing vouchers for domestic violence victims.

“We are focused on continuing to invest in public safety and fully supporting our frontline workers and the programs and services they provide to help address our city’s challenges,” Mayor Tim Keller said in a press release. “We’re implementing creative solutions to address homelessness and housing insecurity, and strengthening our neighborhoods to make our city better for all of our families.”


New Mexico hoping for millions in federal funding to bring cleaner trucking to I-40

The budget would put $1.5 million towards the medical respite facility at the Gateway Center as well as $1.5 million towards the Westside Emergency Housing Center.

The proposed budget also puts money towards job training, economic development, and a range of other programs. Before the budget is approved, it will be open to public comment and discussion in upcoming city council meetings.

Leave a Reply

Your email address will not be published. Required fields are marked *