NM: Regional Bus Service for Santa Fe, Others Seeks Tax Extension

The North Central Regional Transit District wants to ask voters in four Northern New Mexico counties whether to reauthorize its gross receipts tax revenue in November, a bid to stabilize the near-term future for the regional bus service.

A ballot question this fall would allow residents of Santa Fe County and neighboring counties to weigh in on the largely free bus service, and the 2008 gross receipts tax increase that funds much of its work, four years earlier than planned.

The first step is gaining approval from the four counties in amending legislation that imposed the voter-approved 2008 tax increase, which supplies more than 60 percent of the transit district’s operational revenues.

Read the complete article at http://www.santafenewmexican.com/news/local_news/regional-bus-service-for-santa-fe-others-seeks-tax-extension/article_84817894-beb6-5313-b445-1cbaf79ad7ef.html