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Wednesday, Jan 29th

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LEDA program boosts local economic development

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TUCUMCARI - The city of Tucumcari generates $110,000 each year for economic development projects from a local tax on gross receipts, and the community gets lots of mileage from it.

In 2015, the city collaborated with the Greater Tucumcari Economic Development Corporation to invest locally generated tax revenue in four private projects through a process allowed by the Local Economic Development Act.

Tucumcari Mountain Cheese Factory received $141,830 in local LEDA funds to improve wastewater treatment for its expanded facility in return for a pledge to create 15 new jobs.

Buena Vista Labs secured $70,000 to enlarge its eyeglass lens manufacturing facility and retail outlet.

Rugged...

What’s really behind NM budget woes

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Most complex systems—like airplanes, for example—have built-in redundancies. So in order for a catastrophic failure to occur—such as falling from the sky—there generally have to be several things going wrong. Usually all at once. The state budget is a complex system, too. Sadly, it’s plunging toward disaster. In order to fix it we need to look at all the things that are going wrong.

Most news outlets and the pundits they quote have only been focusing on one problem: low oil and gas prices.

If we’re going to be successful in fixing this thing before it crashes and burns, we need to look at the other failing pieces. Namely, that the state hasn’t been collecting enough...

Businesses find advice at UNM Small Business Institute

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Albuquerque transplant Chris Mayo was 47 when he decided to ditch social work and build his chimney-sweep/masonry/handyman sideline into a full-time business. Within a decade, Amrak Enterprises was growing by 30 percent each year, and Mayo was paying a subcontractor to help with the workload and aiming to compete with the city’s top chimney-cleaning company.

“I’m 57 years old and need to position myself to either sell the business and be a silent partner or manage a fleet of chimney sweeps,” Mayo told Finance New Mexico.

To help him prepare for the future, Mayo took the advice of his friend Dimitri Kapelianis, associate professor of marketing at the University of New Mexico...

Building our future economy... together

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My compliments to the city of Gallup, and to the business and civic leaders who attended the recent Economic Roundtable for your vision and support for economic development.

With the help of visiting experts, 60 of us gathered on July 12 at the Second Street Conference Center for a day of learning and dialogue on the economic challenges and opportunities of the Greater Gallup community. By all measures, it was a resounding success, as we all got engaged in the detail, learned more about what is happening in the community’s economic development work, and brought ideas forward for accelerating our progress.

We all worked to get our heads around the complexities involved in our three...

The 2015-16 Inter-Tribal Ceremonial Queen shares her story

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As the 2015-16 Miss Gallup Inter-Tribal Indian Ceremonial Queen, I’m a cultural ambassador for my Native people, and of course the Ceremonial itself. I promote traditional preservation and practices, and also educate people about the Gallup Ceremonial festivities.

I invite everyone to come and take part in this long-time event and encourage artists to enter their art work.

My name is Kahlaya Rose McKinney. I’m born of the Owens Valley Paiute Tribe of Bishop California. My father is Lakota Rosebud Sioux. My maternal grandfather is Navajo; he comes from the Red Running Into Water People Clan. And my paternal grandfather is Muskogee Creek.

I’m 20 years old, and I’m studying...

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