ALBUQUERQUE, N.M. — The Rio Rancho Regional Chamber of Commerce has presented a resolution to the city council in support of keeping the higher education gross receipts tax unchanged.
A special election on Aug. 20 will ask voters whether or not they support reducing the tax which benefits the UNM West campus from a quarter-cent to one-eighth of a cent.
The resolution says the chamber “strongly believes in honoring the sanctity and sincere respect for the electorate process.”
Voters approved the tax in March 2008 for a 20-year term. Four of Rio Rancho’s six city councilors, Chuck Wilkins, Mark Scott, Lonnie Clayton and Tim Crum, want to reduce the tax. They want to establish a new one-eighth cent tax to bring in money for staffing and equipment for the police and fire departments.
Chamber President and CEO Debbi Moore is also contacting chamber members urging them to vote against reducing the tax, saying the city should honor the commitment to higher education made in 2008.