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County presents FY'25 midyear budget update showing on-track revenues, capital project listings
Summary
Finance staff told the commission that Doña Ana County was on track to meet or exceed full-year revenue targets after January property-tax postings; personnel costs reflected an extra pay period and capital projects and grant adjustments were detailed.
Doña Ana County staff presented a midyear update on the FY25 budget on March 11, reporting revenue and expenditure positions as of Dec. 31, 2024 (six months into the fiscal year) and outlining capital projects and grant adjustments that staff expect to affect year-end results.
A county finance presenter explained that tax revenues were 40% of budget as of Dec. 31, but that January property-tax postings (which occur after Dec. 31) would raise that share to above 60% when included. Investment revenue had already exceeded midyear expectations; staff reported $3.6 million…
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