Southeastern New Mexico city cuts salaries amid oil downturn - KWES NewsWest 9 / Midland, Odessa, Big Spring, TX: newswest9.com |

Southeastern New Mexico city cuts salaries amid oil downturn

Permian Basin Pumpjack (Source: KWES) Permian Basin Pumpjack (Source: KWES)

EUNICE, N.M. (AP) - A southeastern New Mexico city is cutting salaries for elected officials thanks to a downturn in oil prices.
    
The Hobbs News-Sun report (http://goo.gl/dRRdp5) that the Eunice City Council set the stage to cut their own paychecks this week a month after the city laid off 10 employees.
    
The council made the mostly symbolic move since the savings will amount to only $15,000 per year even though the councilmen's cut is around 50 percent and the mayor's cut is 25 percent.
    
Eunice Mayor Matt White says the cuts cannot legally be made right away because the New Mexico State Constitution forbids elected officials changing their salary during their term of office.
    
The region has struggled in recent months due to falling prices in oil and natural gas.
    
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Information from: Hobbs News-Sun, http://www.hobbsnews.com

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