CITY of ALBUQUERQUE
TWENTY FOURTH COUNCIL
COUNCIL BILL NO. R-20-31 ENACTMENT NO. ________________________
SPONSORED BY: Isaac Benton, by request
RESOLUTION
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Appropriating Funds For Operating The Government Of The City Of Albuquerque For Fiscal Year 2021, Beginning July 1, 2020 And Ending June 30, 2021 And Appropriating Capital Funds (Benton, by request)
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APPROPRIATING FUNDS FOR OPERATING THE GOVERNMENT OF THE CITY OF ALBUQUERQUE FOR FISCAL YEAR 2021, BEGINNING JULY 1, 2020 AND ENDING JUNE 30, 2021 AND APPROPRIATING CAPITAL FUNDS.
WHEREAS, the Charter of the City of Albuquerque requires the Mayor to formulate the annual operating budget for the City of Albuquerque; and
WHEREAS, the Charter of the City of Albuquerque requires the Council to approve or amend and approve the Mayor's budget; and
WHEREAS, appropriations for the operation of the City government must be approved by the Council; and
WHEREAS, on March 11, 2020 Governor Michelle Lujan Grisham issued Executive Order 2020-004, Order Declaring a State of Public Health Emergency relating to the spread of COVID-19; and
WHEREAS, in subsequent weeks the New Mexico Department of Health has issued orders limiting public gatherings and requiring non-essential businesses to close or limit business activity; and
WHEREAS, the estimation of future New Mexico Gross Receipts Tax, Lodgers' Tax and other revenue sources will need to be re-assessed given the effect of the Public Health Order on local non-essential businesses; and
WHEREAS, due to the Public Health Emergency, on March 16, 2020, the NM Department of Finance, Local Government Division, issued Memorandum BFB #20-204 to allow NM municipalities to submit their FY/20 budget as their FY/21 budget until a FY/21 budget can be meaningfully forecast; and
WHEREAS, it is the intent of the City Council to adopt Ordinance O-20-7, which will provide for special procedures for the City's Fiscal Year 2021 Budget in the ...
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