School board budget will decrease next year

By Argen Duncan: PNT senior writer Portales Municipal Schools has a tentative budget of $22.2 million for next fiscal year, down $821,191 from this year. Board of Education members approved the tentative budget at their meeting Monday in the schools’ administration building. The district must submit a final budget by June 20. For the upcoming […]

Budget adjustment on school board agenda

By Argen Duncan: PNT senior writer Monday, school board members are set to vote on adjusting the budget to use federal stimulus money and to hear a request for them to take a stance on the possibility of a zone change that would allow a restaurant to open near Portales High School. The meeting is […]

Veterans cheer Obama’s budget

By Tom Philpott: FNM columnist President Obama is drawing high praise from veterans’ service organizations for proposing a Department of Veterans Affairs budget that would exceed by $1.3 billion what even VSOs suggested be spent next year. No president before ever offered a VA spending plan that surpassed in size the “Independent Budget” presented to […]

Proposed algae plant to create 100 jobs

By Sharna Johnson: CNJ staff writer Portales will become home to an algae farm that produces biofuel and an estimated 100 new jobs for the region if the U.S. Senate passes a proposed budget bill. Nearly $1 million in funding for the project is included in the Fiscal Year 2009 Omnibus Appropriations Bill expected to […]

County takes big insurance premium hit

By Argen Duncan: PNT senior writer Although Roosevelt County is spending about $64,000 more than estimated this fiscal year, the county manager said the budget adjustment is smaller than in the past. The Roosevelt County Commission approved mid-year budget adjustments Tuesday. This year’s largest increase was $35,931for law enforcement liability insurance. County Manager Charlene Hardin […]

Legislators talk with business leaders

By Bob Quick: The Santa Fe New Mexican With a budget deficit of more than half a billion dollars looming over the state, there’s a need to “keep an eye on what’s happening” in Santa Fe during this legislative session, Lt. Gov. Diane Denish told a Tuesday morning gathering of business leaders from around New […]

Several issues iffy in Santa Fe

By Kate Nash: The Santa Fe New Mexican As if the state’s budget crunch wasn’t enough, lawmakers in the session starting Tuesday will tackle issues from the death penalty to gay marriage. Here’s a look at some key issues and their chances of surviving the next 60 days. Ethics reform It’s a hot topic — […]

Legislators brace for budget cutbacks

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By Kevin Wilson: CNJ staff writer The New Mexico Legislature starts Tuesday, and freshman Rep. Dennis Roch has heard, “that I have no idea how far behind I am already.” Or is he ahead of the curve? Roch, a Tucumcari Republican who was elected to fill the House seat left vacant by Brian K. Moore, […]

Budget prey to wasteful spending

By Paul Gessing: Guest columnist New Mexico faces a $454 million budget shortfall. For just the third time in 20 years, revenue is expected to decline during the current budget year. Certainly, the ongoing financial crisis and subsequent rapid drop in oil and gas prices are at the heart of the issue, but the good […]

Legislators warn of short funds

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By Kevin Wilson: Freedom New Mexico With a budget shortfall estimated as high as $454 million because of a slumping economy and lower-than-expected oil and natural gas prices, legislators told attendants at Friday’s Association of Commerce and Industry legislative breakfast not to get hopes up for various capital outlay projects. “I would love to fund […]

Nov. 7, 1946

One hundred thirty workers held a breakfast, then set out around town to raise Portales’ Community Chest budget, which had dropped dramatically from the year before from $12,000 to $3,850.

Clovis city commissioners approve raises

Freedom New Mexico Clovis city commissioners voted unanimously Friday morning to approve a pay raise for employees during a special meeting to approve the final budget for fiscal year ending June 2009. The commission also approved a $59.7 million budget. The pay raise, which is an adjustment to the budget, will amount to between 3 […]

Raises highlight Portales school budget

By Sarah Meyer, PNT Staff Writer The Portales School Board will send its tentative budget to Santa Fe today. The board voted Monday to submit a $38,669,128 overall budget, including $22,898,455 in operating funds. The budget is about $1.2 million more than last year, said Carol Kriegshauser, director of finance. The budget includes a 3 […]

School board considering 3-4 percent teacher raises

By Helena Rodriguez, PNT Staff Writer Nothing is set in stone yet, but Portales Municipal School employees could receive a 3 to 4 percent salary increase during the 2008-2009 school year, largely because of state mandates. The Portales School Board discussed the 2008-2009 budget during a special meeting on Monday night, but no action was […]

Governor vetoes capital outlay

SANTA FE (AP) — Gov. Bill Richardson vetoed a $348 million capital outlay package on Wednesday and used his line-item veto powers to reject some legislator-backed projects in a $21 million budget measure. The governor took his action before a deadline in a dispute with the Legislature over the deadline for signing or vetoing the […]

Bush seeking higher TRICARE fees

By Tom Philpott President’s Bush final defense budget, for fiscal 2009, asks a reluctant Congress for a third time to raise TRICARE co-payments on drugs dispensed at retail pharmacies and to increase TRICARE enrollment fees and deductibles for working-age military retirees and their families. Defense Secretary Robert Gates and Adm. Michael Mullen, chairman of the […]

Legislators: Session on schedule

By Sarah Meyer: Freedom New Mexico Area legislators say the current session is on track to finish as scheduled. The budget has moved from the House to the Senate and was being reviewed Saturday by the Finance Committee, said Sen. Stuart Ingle, R-Portales. “It looks pretty decent,” he said. “There may be some changes.” The […]

Legislators to consider health care

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By Sarah Meyer: Freedom New Mexico The 2008 New Mexico Legislature begins its 30-day session Tuesday in Santa Fe. This year’s session focuses on the state budget, but other issues come into play at the governor’s request. One of the top issues this year promises to be Gov. Bill Richardson’s plan for universal health coverage. […]

Gross receipts still solid

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By Karl Terry, PNT managing editor Portales’ economy seems to be defying national trends along with localized concerns of a slow-down as gross receipts tax collection grew in 2007. With better than 73 percent of the city of Portales’ budget tied to GRT, the monthly collection reports are of special interest to city officials looking […]

Petty maneuvering delaying budget for fiscal year

If your family or business operated this way it would soon be shunned by creditors and suppliers. But the U.S. government operated without a budget for this fiscal year, which began Oct. 1, until now, thanks to petty and sometimes incompetent maneuvering. But this institution that can’t keep its own house in order has no […]