Finance

Santa Fe Meeting Set on New Short-Term Rental Tax Software as Compliance Shifts

City of Santa Fe, N.M., is hosting a Jan. 28 public meeting to explain new software for managing short-term rental lodging tax collection and compliance, as updated permit renewal and tax reporting processes take effect; hosts should prepare for changes to filing, record-keeping and enforcement.

New Mexico Lawmakers Say Health Care Access Can Improve Over Time Amid Ongoing Challenges

New Mexico legislators say improving health care access will take time and sustained policy action as lawmakers weigh proposals on Medicaid support, insurance affordability and provider shortages. The comments reflect ongoing efforts in Santa Fe to address cost, coverage and availability gaps that affect medical access across the state.

Federal Food Aid Cuts Hit New Mexico Refugees Hard, Straining Household Budgets

Cuts to federal food assistance are intensifying food insecurity for refugee families in New Mexico, where many residents rely on SNAP benefits to afford groceries. With federal eligibility narrowing and local food banks preparing for higher demand, the loss of aid is reshaping household budgets and community support structures.

New Mexico Expands ACA Premium Assistance for 2026 After Federal Subsidies Lapse

New Mexico is stepping in to protect residents from steep health insurance premium increases in 2026 after enhanced Affordable Care Act (ACA) tax credits expired at the end of 2025. State lawmakers and Governor Michelle Lujan Grisham approved funding from the Health Care Affordability Fund to continue subsidies through mid-year and potentially beyond, ensuring continued affordable coverage for thousands of BeWell marketplace enrollees.

New Mexico Educators Begin Tax Filing Season as ERB 1099-R Forms Arrive

Retired educators participating in the New Mexico Educational Retirement Board (ERB) pension system began receiving their 2025 tax documents on January 27, 2026, marking an early start to the state’s tax filing season. The board’s latest newsletter also highlights ERB’s financial position, new facilities, enhanced security measures, and educational webinars — information retirees and active members will find useful as they plan their finances for the year.

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Albuquerque Breaks September Rainfall Record as Santa Fe Leads New Mexico Deluge

Albuquerque recorded its wettest September on record with 4.49 inches of rain, while Santa Fe led reported rainfall totals during a late-month storm that brought flooding concerns across New Mexico.

New Mexico Launches State Meat and Poultry Inspection Program, Becoming 31st State to Offer In-State Alternative

New Mexico has launched a state-run meat and poultry inspection program, giving local producers and processors a new pathway to inspect and sell products within state lines under Livestock Board supervision rather than federal oversight. Developed with the USDA, the program aims to ease access for smaller operations and strengthen local food systems.

‘We’ll Take Your Hand’: Tomasita’s Employees Find Temporary Work After Fire Forces Restaurant Closure

After a fire forced Tomasita’s to close last week, more than 25 of its employees have found temporary jobs at other establishments, allowing them to stay employed and earn income during the Balloon Fiesta.

Just Like a Movie: “Up”-Inspired 94-Balloon Cluster Soars at 2026 Albuquerque Balloon Fiesta

A 94-balloon cluster inspired by the iconic Disney-Pixar film “Up” became one of the standout sights at this year’s Albuquerque International Balloon Fiesta on Saturday. The cluster made its way to Arizona early Sunday morning.

Highland Middle School Teacher In Critical Condition After Allegedly Being Shot by 13-Year-Old Student

Special education teacher Kelly Matthews remains critically injured after he was allegedly shot by a 13-year-old student at Highland Middle School in Hobbs. Authorities said the shooting happened Friday, and the investigation is still ongoing.