City Finances

I feel sorry for Albuquerque Mayor Richard Berry.  He will now experience the full force of his predecessor's folly and struggle to juggle a disastrous budget legacy left him by Marty Chavez.  I had written more than once in this blog that the budget deficit would be enormous.  It stands at over fifty million dollars now.  Mayor Marty and the City Council spent like drunken sailors and poor Berry will have to deal with the hangover.  It won't be pretty and it could well get worse.