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The Pit is an indoor arena in Albuquerque, New Mexico, serving primarily as the home venue of the University of New Mexico Lobos basketball teams. The facility opened in 1966 as University Arena but gained the nickname "The Pit" due to its innovative subterranean design, with its playing floor 37 feet (11 m) below street level.
[1] [2] It does not have inheritance tax, estate tax or franchise taxes. While New Mexico does not have a state sales tax it does have a statewide "gross receipts tax", which is commonly passed on to the consumer by businesses just like a normal sales tax. [3] [4] [5] Its state income tax ranges from 1.7% to a maximum of 4.9%. [3]
The 2024–25 New Mexico Lobos men's basketball team represents the University of New Mexico during the 2024–25 NCAA Division I men's basketball season.The Lobos, led by fourth-year head coach Richard Pitino, play their home games at The Pit in Albuquerque, New Mexico as members of the Mountain West Conference.
The fund is managed by New Mexico's State Investment Council, an independent state agency which functions as a sovereign wealth fund. [6] The council is made up of certain members of the Government of New Mexico, who serve on an ex-officio basis, and public members appointed alternately by the Governor of New Mexico and New Mexico Legislature.
Year B A AA AAA AAAA AAAAA AAAAAA 2020-21: Melrose: Cloudcroft: Sandia Prep: Albuquerque Academy: Centennial: 2019: Logan: Texico: Robertson: St. Pius X: La Cueva: 2018
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Oct. 16—New Mexicans who get individual medical coverage on the state health care exchange — including many self-employed people — will see hefty base rate hikes starting in January, but a ...
This list does not include all of the state's many television translators and low-power transmitters. Many Albuquerque-based or Santa Fe–based network affiliates have satellite stations in other cities. New Mexico, excluding Doña Ana County, makes up most of the Albuquerque-Santa Fe broadcast market.