City leaders prepare for potential federal funding cuts, selling city assets on the table
Mar 23, 2025
ALBUQUERQUE, N.M. (KRQE) – Funding cuts by President Donald Trump's Administration could have a big impact on a variety of programs and services that are provided by the City of Albuquerque but funded by the federal government. City leaders held a town hall this weekend, talking about what they'
re doing to reduce that blow.
"I'm very concerned about what's happening at the federal level," said Rayellen Smith, an Albuquerque resident who attended the meeting.
According to city leaders, Albuquerque is at risk of losing about $200 million in federal funding.
"To put that into perspective, when you strip out the airport, and the Solid Waste Department, and some other enterprise funds in the city, that's about 25% of our city funding," said Albuquerque Mayor Tim Keller. "These cuts will force choices we don't want to make."
Albuquerque City Council votes to let plans move forward for Mesa Film Studios
The city says those cuts could have a wide range of impacts on city programs, services, and departments. They say if federal funding is lost, vouchers, shelters, and affordable housing programs could be at risk, and public safety could also take a hit. According to the city, much of the crime lab equipment, sexual assault kits, and money for investigations are federally funded.
"It is dangerous for us, and when I say dangerous, it is because this does literally mean we may not be able to house the unhoused and to take care of the homeless every night," Mayor Keller explained. "It literally means our public safety will get worse."
Large infrastructure projects and public transit may also be affected.
"All of our pedestrian safety work, the Rail Trail, even parks," Mayor Keller added. "The renovation of Phil Chacon Park and, the renovation of Wells Park. All of these have components of federal funding in them."
Albuquerque Mayor Tim Keller announces intention to run for reelection
However, city leaders say they're prepared to take action to mitigate these impacts. They're eyeing the idea of selling off city property, such as non-essential city lots and buildings; as well as using tax dollars from marijuana sales and money from the opioid settlement to fund social programs.
"Sounds like the city and the state has been thinking about this for a while and that they have some of the funding available and some plans to figure out," said Benjamin Bean, an Albuquerque resident who was at the town hall.
The city did not specify a timeline of when it potentially plans on selling some of its assets. ...read more read less