(updated 9/19/2009)
Proposing To Impose A One-Quarter Of One Percent Transportation Infrastructure Gross Receipts Tax Which Shall Be Dedicated Specifically And Only For The Following Uses: Not Less Than 31% For Road Rehabilitation; Not More Than 15% For Road Deficiencies; 13% For Road Maintenance; 5% For Trails And Bikeways; And 36% For Transit. No Portion Of The Revenue Generated By The Transportation Infrastructure Gross Receipts Tax Shall Be Used To Build Or Operate Any Rail Transportation System Until Such A System Is Approved At A Separate Election By The Voters Of The City Of Albuquerque.
Since 2000 the City has imposed a voter approved one-quarter cent Transportation Infrastructure Tax that provides funding for road rehabilitation, road maintenance, road deficiencies and transit operations. The existing Transportation Infrastructure Tax contains a sunset provision and the current tax will expire on December 31, 2009. If passed this proposal will extend the one-quarter cent tax