The Santa Fe Chamber of Commerce has produced an admirable exploration of the city’s “budgetary challenges.” The document asserts that “the option of raising taxes should not be considered prior to a detail level examination of operations, revenues and corresponding expenses.”
Recommendations for reform include:
* imposing a “hiring freeze in certain departments”
* reviewing overtime policy and limiting or eliminating “overtime compensation in all noncritical areas”
* examining the city’s “office space, including City Hall, and other infrastructure requirements to ensure efficiency”
* privatizing “certain … services such as solid waste management, parking, etc.”
* selling “land, real property, and water/mineral rights”
The chamber’s paper has applicability far beyond Santa Fe. Most New Mexico municipalities — and counties — need to fundamentally reexamine their expenditures. With the state’s fiscal picture worsening, the oil-and-gas sector slumping, and the national economy looking shaky, there’s no time like the present to right-size local government in the Land of Enchantment.
Kudos to The Santa Fe Chamber of Commerce.
Too late. The City of Santa Fe has been placed on credit watch by either Moodys or S&P. It has unsustainable defined benefit pension debt for retired employees. As the RGF and others have frequently pointed out, Santa Fe City and County are TEEMING with current and retired public sector employees. I suspect that the City will in the not too distant future have to file a Chapter 9 bankruptcy to pare down its obligations.
But really, what do you expect. Santa Fe has had single party Democrat rule for decades. It appears that its last Republican mayor left office in 1952:http://genealogytrails.com/newmex/santafe/SantaFe-mayors.html