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Last updated 8:47AM ET
May 23, 2018
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Mayor Coss' "State of the City" address underscores both social and economic good news. (listen)
(2012-10-24)
(KSFR) - A dropping unemployment rate and more airline service are among the pieces of good news that Mayor David Coss says are helping Santa Fe economically and socially. During Tuesday's State of the City address, the mayor announced that Great Lakes Airlines will begin twice-daily flights to and from Denver starting in December. Denver service has not been available for the past five years. Among other good news, the mayor said Santa Fe's unemployment rate has dropped to just under 5 percent and efforts to battle the criminal effort continue to be successful.

Governor Susana Martinez spent much of Tuesday evening across our northern border at a Colorado rally for republican presidential hopeful Mitt Romney and running mate Paul Ryan. Martinez is an ardent supporter of the Romney campaign and spoke to what she admires about the candidate...*****clip

More bad news for the state's public retirees pension fund -- it is deeper in the red than previously believed. KRQE-TV is reporting that the fund is now more than $6 billion underfunded. That's a billion dollars more than the previous report. The fund's executive director says it's because of poor returns generated through the state's investments. The fund manages the pension plans for tens of thousands of state employees. Proposed solutions include cutting the annual cost-of-living adjustment for employees and having future retirees wait longer to get that adjustment.

The former Chief Operating Officer of the scandal-rocked New Mexico Finance Authority has been formally separated from the agency. Today's Albuquerque Journal says the NMFA's interim Chief executive John Gasparich has confirmed that John Duff has been gone since the end of last month, though he did not say whether Duff was fired or resigned. He had initially been placed on unpaid leave in the aftermath of a fraudulent audit of the lending agency. The report goes on to say that credit-rating agency Standard and Poor's has removed the Finance Authority from its credit-watch list, thus averting any downgrade of New mexico's Triple A bond rating.

The Santa Fe National Forest is delaying all planned prescribed burns at this time due to current and forecasted weather conditions. Extremely low humidity readings have helped to create fire conditions not suitable for the burns, intended to be a pre-emptive strike against future uncontrolled wildfires. The delay has temporarily sidelined the Chapparal prescribed burn that was scheduled for this week.

Weather for Santa Fe - Today will be the last of our string of unseasonably warm days. Afternoon highs will be in the low 70s. A coldfront moves in tonight with lows falling to the mid 30s. Thursday's high will only make the mid 50s and tomorrow night brings the first hard freeze of the season with lows in the upper 20s. Cold weather continues Friday with highs in the upper 40s and falling to the mid 20s in the overnight hours.
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