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Campus News
Your faculty and staff news since 1965
Current Issue: November 25, 2002
Volume 38, Number 10

Taxpayers get return from UNM-LA

A new study for fiscal year 2000-01 concludes that Los Alamos taxpayers get at least $5.14 in economic benefits for every dollar they pay in taxes for UNM-Los Alamos.

These taxes include those put aside for UNM-LA under the property tax mil levy dedicated to the college as well as other taxes paid by Los Alamos County residents.

Moreover, that ratio increases dramatically when regional economic benefits are considered. When Los Alamos County and the tri-county region are taken into consideration, the ratios ranges from $13.99 to $23.58 for each dollar paid in taxes toward UNM-LA.

“This study concludes that UNM-LA has a substantial, positive economic impact on Los Alamos County and the tri-county region,” stated the executive summary of the Economic Impact Study, prepared by Jim Greenwood of the Greenwood Consulting Group.

For a complete copy of the report, call 505-661-4691.