Kudos to Mayor Berry for Fiscal Restraint

Mayor Berry has wisely announced that Albuquerque cannot afford to waste taxpayer money on an expanded convention center complex. While the Mayor left the prospect of this project open for the future, he did take a firm stand against those like Councilor Ken Sanchez who see no problem with raising taxes in a down economy for a project that will benefit only a small sliver of the business community while adding to the City’s debt burden (which includes $78 million in outstanding debt on the current facility).

The Mayor’s decision shows that he is serious about fiscal restraint and turning around Albuquerque’s economy by making it attractive to businesses and entrepreneurs rather than using taxpayer dollars to target specific industries and groups for largess. Thank you Mr. Mayor!