Mayor Helps Homeless Developers

Within the benevolently entitled Albuquerque Journal story about Mayor Marty helping the homeless  is his statement about how we need some belt-tightening at City Hall. 

Wait.  Didn't he just chastise the City Council during the last election for not cutting taxes ?

Then Marty blames impact fees for the slowing economy.  Really.  It's not national real estate market trends or problems with the credit economy.  Nope.  It is Albuquerque's impact fee ordinance.   

The economy is softening, Chávez said, part of both a natural cycle and, perhaps, jobs flowing to nearby communities seen as more eager for growth.  He said he might review Albuquerque's impact-fee system, which charges development for the cost of roads and other infrastructure needed to serve it.   Sales-tax revenue has been flat the last two months, he said, and it's time to rein in city-government spending.  "I see this as a good thing," he said. "Government must live within its means."

He doesn't explain the connection between how you rein in government spending by reducing development fees.  But whatever. 

In other news:  lower impact fees lead to world peace.   

   

Comments

[Scott Hale]

That's a great headline. Humorously cynical, yet so sadly true.

[Hunter]

He also "forgot" to explain how you rein in government spending while at the same time supporting the TIDD diversion of GRT that accounts for almost one half of that (general fund) spending. I can only assume that the job losses he alludes to are homebuilding and the new Rio Rancho WalMart.