May 28, 2014

DOD is ready to accept SunZia project“ – Albuquerque Journal

The U.S. Department of Defense agreed Tuesday to drop its opposition to the SunZia transmission project if developers agree to bury five miles of line on the northern flank of White Sands Missile Range and other concessions.  In a letter to Interior Secretary Sally Jewell, Defense Secretary Chuck Hagel said burying three select sections of SunZia at White Sands’ “northern extension area” would allow low-altitude flight operations.

See also: Bureau of Land Management’s SunZia Southwest Transmission Project website

 

"Revenue Report: New Mexico Lags in Fiscal Recovery" – KUNM News RoundUp

A national report says New Mexico's tax collections haven't fully rebounded from the recession and only three other states have experienced a slower revenue recovery.  According to an analysis by The Pew Charitable Trusts, New Mexico's tax revenue in the fourth quarter of 2013 was nearly 18 percent below the state's inflation-adjusted revenue peak of $1.5 billion in the final quarter of 2006.  Tax collections in 26 states remain below pre-recession peaks, but the report says only Alaska, Wyoming and Florida have rebounded less than New Mexico.  Lower natural gas prices have hurt New Mexico's energy revenue collections.  The report also points to federal cutbacks and job losses as a factor in the state's lagging revenue recovery. – May 28, 2014