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Artesia adopts $18.6 million general‑fund budget and $26.4 million five‑year CIP
Summary
The council approved the FY 2025–26 budget packages, including a general fund balanced plan, salary schedules and a five‑year capital improvement program that invests about $17.36 million in fiscal 2025–26 and $26.4 million over five years.
The Artesia City Council unanimously approved the city’s fiscal year 2025–26 budget, a 5‑year capital improvement program and related financial resolutions on Monday.
Finance Manager Jamie Murguia presented the plan: budgeted general‑fund revenue is $18,844,326 and proposed expenditures are $18,638,741, producing a modest surplus of $205,585. The budget reflects Measure AAA sales tax revenues entering the full fiscal year and an estimated $3.15 million boost over the city’s prior Bradley‑Burns…
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