Cash flow problems continue to plague subcontractors: report

Capitan plagued with financial woes

Doris Cherry For The Ruidoso NewsDoris.mae.cherry@gmail.com Lacking an audit or approved budget for the last two fiscal years, nor a current 2024-25 budget, Capitan trustees cancelled the hiring of several new employees requested by the mayor. Trustees at their regular meeting Tuesday, April 22 before a large group of citizens, voted to amend the meeting agenda by deleting several items related to employment and increasing wages for all staff. “…

Cash flow problems continue to plague subcontractors: report

A new survey, which pulled responses from 800 commercial construction professionals, highlighted how some firms maintain available capital via their profit margins.