Water rate hike to be discussed

Thomas Garcia An updated review of the new water rate increases will be discussed during Thursday’s Tucumcari City Commission meeting. “We want to keep the citizens as informed as possible,” said Commissioner Robert Lumpkin. Several citizens attended the Oct. 13 commission meeting to complain of an increase in their water bills. Toni Leal started a […]

Personalize your own misery index

Economists have a mythical figure called the misery index. It is the total of the unemployment rate added to the inflation rate. This summer in the U.S. it’s running about 13.0. The lower the better. In both the 90’s and ‘0’s it’s been as low as 7. To calculate indexes like this, the conclusion can […]

County unemployment rate above national, state averages

Thomas Garcia The unemployment rate in Quay County is above the state and national average, according to data from the New Mexico Department of Workforce Solutions. Data collected by Workforce Solutions in February shows Quay County’s unemployment was 10.4 percent. The national average is 9 percent the state average is 8.7 percent. The civilian workforce […]

Xcel Energy seeking Texas rate increase

Freedom New Mexico Xcel Energy’s Texas-based operating company, Southwestern Public Service Company, is seeking a 7 percent overall retail rate increase in Texas to recover recent investments in the power lines, substations and workforce. Riley Hill, president and CEO of SPS, said the increase in rates is needed because the regional economy is changing and […]

Press Release: State’s unemployment rate in May 6.5 percent

June 25 press release from the New Mexico Department of Workforce Solutions, Office of the Secretary, Economic Research & Analysis Bureau,

City seeking 8 percent water rate hike

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Thomas Garcia The Tucumcari City Commission approved the first reading of a proposed eight percent increase to city water rates Tuesday. City Manager Bobbye Rose said the increase will help to balance the city’s budget. She said a special workshop was held Monday to try and develop a city budget for 2009-2010. “No decision was […]

City approves water rate increase

Chelle Delaney A proposed 15 percent water rate increase was approved Thursday as part of the city’s preliminary budget by the Tucumcari City Commission, which came under criticism for not allowing public comment. The increase was needed to balance the preliminary $11.79 million operating budget, excluding grants and projects, and to get the budget off […]

Xcel proposes rate increase

By Freedom New Mexico Xcel Energy wants to raise electric rates 5.1 percent in New Mexico, a move the utility says would increase the average customer’s bill about $9 a month. Xcel filed its rate request Thursday with the state Public Regulation Commission, according to company spokesman Wes Reeves. Reeves said if approved, the increase […]

Slow job growth in Quay County follows state’s lead

By Chelle Delaney: Quay County Sun The estimated unemployment rate in Quay County rose slightly in May to 4.2 percent from the previous month and the same time a year ago, according to a report released this week by the state’s Department of Workforce Solutions. The unemployment rate in April 2008 was 4 percent and […]

Xcel seeking rate increase in Texas

Freedom New Mexico Xcel Energy is requesting a 5.9 percent base rate increase in Texas to offset increasing infrastructure costs. Xcel filed a proposal of a base rate increase with the Public Utility Commission of Texas and area municipalities served by the company, according to Wes Reeves of Xcel Energy. He said Xcel also included […]