City Councilor Renee Villarreal has introduced a substitute resolution developed by Banking On New Mexico, the Brass Tacks Team, city councilors and city staff calling for the creation of a task force to help establish a public banking task force. The task force will provide needed information about questions not addressed in the 2015 feasibility study. You will find the resolution on the city’s website at www.santafenm.gov/
A chartered public bank — managed by bankers, not the city — would use money paid to the city in our community taxes, fees and fines to fund our own community needs. It would keep our money circulating in Santa Fe; the interest would stay in our local economy.
For more information, go to the informative website: bankingonnewmexico.
Communicate with your city councilors and urge this prudent next step.
Pam Gilchrist – Santa Fe
