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Budget office: El Paso County has collected about 74% of FY25 revenue through February; officials warn of federal cuts and local tax‑rate impacts

2693894 · March 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

County budget staff told the commissioner's court on March 17 that estimated FY25 revenue collections through February were about 74% of the annual budget, while expenses were roughly 32.5% expended, and warned of tax‑base impacts from exemptions and federal funding uncertainty.

Gabby Federle of the El Paso County Budget and Finance Department briefed the commissioner's court on March 17 with estimated FY25 numbers through February. Federle said cumulative collections are roughly 74% of the budgeted revenue, February receipts were about $31.27 million and year‑to‑date expenditures were about $32.50 million (approximately 32.46% of budgeted expenses).

Federle and county staff cautioned that some known and pending tax exemptions will affect the county’s no‑new‑revenue tax‑rate calculations. Staff said about 20…

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