Councilor Klarissa J. Peña Introduces Community Investment Tax to Invest in Albuquerque’s Future
Community Investment Tax will Invest in People, Community, and in our Future.
ALBUQUERQUE, N.M. — City Council President Klarissa J. Peña has introduced legislation that would place the Community Investment Tax before Albuquerque voters in the November 2026 General Election. The proposal would establish a dedicated, sustainable local revenue source to invest in people, invest in community, and invest in Albuquerque’s future.
As Albuquerque continues to grow, so do the costs of providing the essential services residents rely on every day. Maintaining our roads, parks, public safety facilities, community centers, and other public assets requires thoughtful planning and responsible investment. At the same time, the City must continue attracting and retaining the dedicated employees who deliver those services and keep Albuquerque moving forward.
The Community Investment Tax is designed to provide a balanced, sustainable funding source that strengthens the City’s workforce, preserves critical infrastructure, and supports the long-term financial health of Albuquerque.
“As a City Councilor, I take seriously my responsibility to be a good steward of taxpayer dollars,” said Councilor Klarissa J. Peña. “The Community Investment Tax is about investing in people, investing in community, and investing in our future. By making thoughtful investments today, we can continue delivering the essential services residents expect, maintain the infrastructure that supports our neighborhoods, and ensure Albuquerque remains strong for generations to come.”
If approved by voters, 53 percent of the revenue generated would be dedicated to municipal operations and maintenance, including employee wages. These funds will help address and strengthen recruitment and retention efforts, and support the employees who provide the essential services our residents depend on every day.
The remaining 47 percent of the revenue would be dedicated to community enhancement projects, including parks, trails, transportation infrastructure, public safety facilities, cultural and recreational facilities, and other capital improvements that strengthen neighborhoods and improve quality of life throughout Albuquerque. This portion of the funding is dedicated for 21 years, ensuring focused investment in long-term community priorities.
“Responsible government means planning beyond today’s needs,” Councilor Peña added. “This proposal is about preserving what we’ve built while preparing for what’s ahead. It’s an investment in the people who serve our community, the places that bring us together, and the future we want to leave for the next generation.”
The legislation, O-26-57 and R-26-58, will now be considered by the Albuquerque City Council. If approved by the Council, the Community Investment Tax will be placed before Albuquerque voters on the November 2026 General Election ballot.