Nov 06, 2024
EL PASO, Texas (KTSM) - Las Cruces voters approved a 0.325 percent gross receipts tax (GRT) measure during the general election held Tuesday, Nov. 5, the City of Las Cruces announced in a news release. The City said the GRT bump, which is set to take effect on July 1, 2025, is anticipated to generate an additional $11 million in revenue each year and will help fund capital improvement projects throughout the city. “We are pleased that Las Cruces voters chose to invest in their city,” Mayor Eric Enriquez said. “The modest gross receipts tax increase will go a long way in improving our public safety, parks and roadways. We thank Las Cruces voters who approved this measure.” The GRT increase will amount to an additional 32 cents per $100 spent at businesses in Las Cruces. However, GRT is not applied to essential needs such as groceries and medicine. Voters approved the measure by 10 percentage points, 55 percent to 45 percent, according to the City. The City said the new revenues will be used to help fund public safety, parks, streets and other critical infrastructure. In addition, GRT account for about 76 percent of the City’s revenues.
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